https://knews.kathimerini.com.cy/en/comment/adrift-in-dangerous-storms
Now that things are becoming more difficult, many government officials stick to believing what they want to believe rather than trying to manage reality...
https://knews.kathimerini.com.cy/en/business/tesco-beats-guidance-with-28-percent-full-year-profit-increase
Lewis joined Tesco in September 2014, tasked with turning around the group which had been hit by a fall in sales and profits due to changing shopping habits...
https://knews.kathimerini.com.cy/en/news/zuckerberg-resists-effort-by-us-senators-to-commit-him-to-regulation
Senators were often at a disadvantage because each had only five minutes to pin down the billionaire...
https://knews.kathimerini.com.cy/en/comment/russia-is-drifting-away
Michalis Tsikalas says the fact that Russia and Turkey are locked in an embrace, which is getting stronger over time, should not go unnoticed in Cyprus. Taking action on any chosen path remains difficult in the world of energy choices, but don’t have all the luxury in the world to pick and choose. ...
https://knews.kathimerini.com.cy/en/news/russia-can-build-turkey-power-station-alone
Russian firm Rosatom has been seeking investors for a 49 percent stake in the Akkuyu nuclear power plant project...
https://knews.kathimerini.com.cy/en/news/fb-ready-to-deal-with-strict-eu-laws
Facebook Chief Executive Mark Zuckerberg said this week that he agreed “in spirit” with a strict new European Union law on data privacy but stopped short of committing to it as the standard for the social network across the world....
https://knews.kathimerini.com.cy/en/news/south-africa-s-zuma-appears-in-court-on-corruption-charges
Thousands of Zuma supporters gathered to express solidarity with a leader they say is the victim of a politically motivated witchhunt...
https://knews.kathimerini.com.cy/en/business/privatisation-of-co-op-may-lead-to-the-creation-of-a-bad-bank
A process launched by the nationalised Cooperative Cyprus Bank may lead to the creation of an Asset Management Company also known as a bad bank ...
https://knews.kathimerini.com.cy/en/news/cooperative-bank-outflow-appears-to-have-stopped
The Cyprus finance minister says outflow has stopped at the state-owned Cyprus Cooperative Bank, following a €2.5 billion deposit by the government that is seeking private investors for the troubled institution....
https://knews.kathimerini.com.cy/en/life/saudi-arabia-s-first-new-cinema-in-decades-to-open
Saudi Arabia had some cinemas in the 1970s but its powerful clerics closed them"...
https://knews.kathimerini.com.cy/en/news/fears-that-erdogan-is-controlling-migrant-flows-to-raise-pressure
Tensions have peaked in the Aegean in recent weeks with a spike in Turkish violations of Greek airspace and disputes at sea...
https://knews.kathimerini.com.cy/en/business/china-retaliates-for-us-tariffs-slaps-duties-on-soybeans-planes-autos
The scale of China’s tariff targets was in line with Beijing’s pledge to mount a commensurate response...
https://knews.kathimerini.com.cy/en/news/turkey-will-get-russian-s-400-missiles-next-year
The deal worth some $2.5 billion has worried the West because the system cannot be integrated into NATO’s military architecture...
https://knews.kathimerini.com.cy/en/news/eu-turkey-migrant-deal-‘at-risk-report-says
The deal signed between Ankara and Brussels in March 2016 to crack down on human trafficking over the Aegean is hanging in the balance as several countries are reportedly refusing to pay for it, insisting that the European Commission cover the next tranche of 3 billion euros in funding pledged to Turkey....
https://knews.kathimerini.com.cy/en/business/government-boosts-ccb-s-hand
The Cyprus government says it is depositing €2.5 billion at the Cooperative Bank of Cyprus, as part of a broader plan to eliminate uncertainty among depositors in the wake of a privatisation bid...
https://knews.kathimerini.com.cy/en/business/ukraine-s-privatbank-files-$3-billion-lawsuit-against-pwc-subsidiaries
Kiev has already withdrawn PwC’s right to audit Ukrainian banks as punishment for its alleged failure to flag evidence of wrongdoing at PrivatBank...
https://knews.kathimerini.com.cy/en/business/china-hammers-us-goods-with-tariffs
Eight other products, including pork and scrap aluminium, will now be subject to additional tariffs of 25 percent...
https://knews.kathimerini.com.cy/en/business/hourican-is-one-of-the-best-paid-irish-bankers
The Dubliner CEO of the Bank of Cyprus, was paid €2.1 million last year, putting him among the best-paid Irish bankers in the world...
https://knews.kathimerini.com.cy/en/business/bad-loans-still-high-despite-fast-economic-growth
Cyprus' economic growth has been supported by construction, tourism and professional services...
https://knews.kathimerini.com.cy/en/news/nine-conservatives-demand-vote-on-britain-leaving-eu-customs-union
The changes drawn up include one giving parliament a vote on staying in a customs union “which is almost certain to pass”...
https://knews.kathimerini.com.cy/en/business/coops-privatisation-process-attracts-significant-investor-interest
The privatisation process of the Cyprus Cooperative Bank (CCB) attracted “significant interest” both from financial entities in Cyprus and abroad in acquiring a stake in its share capital of part of its assets, the CCB said after the completion of the first phase concerning the expression of interest....
https://knews.kathimerini.com.cy/en/business/hourican-urges-business-to-help-in-a-speedier-resolution-of-npls
He said that one of the biggest issues in Cyprus was the tolerance on non-performers lending...
https://knews.kathimerini.com.cy/en/business/cyprus-central-government-debt-at-€18-3-billion-at-end-2017
Cyprus central government debt reached 18.315 million in the end of 2017 marking a decline of 3.6% compared with 2016, according to data released today by the Finance Ministry’s Public Debt Management Office (PDMO)....
https://knews.kathimerini.com.cy/en/business/loans-in-banking-system-reach-€51-1-billion
Total deposits in February recorded a net decrease of €29.2 million...
https://knews.kathimerini.com.cy/en/news/eu-leaders-host-turkish-president-erdogan-for-uneasy-summit
Erdogan will seek more money for Syrian refugees, a deeper customs union and progress on letting Turks visit Europe without visas...
https://knews.kathimerini.com.cy/en/business/china-urges-us-away-from-brink-of-trade-war
China showed readiness to retaliate by declaring plans to levy additional duties on up to $3 billion of US imports...
https://knews.kathimerini.com.cy/en/business/cypriot-investor-signs-$4-2-billion-zimbabwe-platinum-deal
It is the largest investment structure in the country’s mining industry in Zimbabwe...
https://knews.kathimerini.com.cy/en/business/hedge-funds-show-interest-in-cyprus-co-op
Major hedge funds are showing interest in the Co-Operative Bank of Cyprus, including one headed by former Bank of Cyprus Vice Chairman and current US Commerce Secretary Wilbur Ross. It is too early to predict any deal since investor goals differ from each other and all would depend on final numbers at a later stage. ...
https://knews.kathimerini.com.cy/en/business/zuckerberg-apologised-for-facebook-mistakes
His plans did not represent a big reduction of advertisers’ ability to use Facebook data,...
https://knews.kathimerini.com.cy/en/news/cyprus-won-t-abandon-gas-search-despite-geopolitical-challenges
Drillings planned in Cyprus' EEZ for 2018 mainly by ExxonMobil will give a pretty good idea about the island's resources...
