https://knews.kathimerini.com.cy/en/news/cyprus-scrambles-to-block-hostile-takeover-of-bank
The government in the Republic of Cyprus is racing against the clock to arm itself with legal tools to prevent a takeover of the country’s biggest bank by an American private equity firm, which has until next month to submit a final offer that some shareholders may find hard to resist...
https://knews.kathimerini.com.cy/en/business/apple-plans-to-manufacture-iphone-14-in-india
Apple plans to start production of the iPhone 14 in India as it looks for alternatives after escalating tensions between Washington and Beijing, and amid lockdowns in China that have affected production, according to Bloomberg News....
https://knews.kathimerini.com.cy/en/news/inside-jp-morgan-s-precious-metals-division-the-salaries-and-bonuses-of-the-golden-boys
The trial of the former head of precious metals at JP Morgan Chase, which has been in full swing since Friday, provides a sneak peek into the world of exchanges and the pay for its employees....
https://knews.kathimerini.com.cy/en/news/former-putin-ally-hospitalized-with-rare-disorder
A former Vladimir Putin advisor who resigned and fled Russia shortly after the Ukraine invasion was this weekend hospitalized with a rare disorder that saw him suddenly losing feeling in his hands and legs, The New York Times reported....
https://knews.kathimerini.com.cy/en/news/russia-sending-money-to-turkey-for-the-$20-billion-akuyo-nuclear-plant
A Russian state-owned company is transferring money to a subsidiary that’s building a $20 billion nuclear power plant on Turkey’s Mediterranean coast, alleviating concerns the project could be delayed by war sanctions....
https://knews.kathimerini.com.cy/en/news/cyprus-chevron-aphrodite-tactics-irk-israel
A gas field dispute between Cyprus and Israel over a tiny portion, with which the island nation hopes to buy out its neighbor, went in deep water this week after Nicosia and Chevron preannounced plans for Aphrodite despite a decade-long unresolved issue still pending between the two nations...
https://knews.kathimerini.com.cy/en/business/cyprus-gas-discoveries-boosted-by-eu-s-shift-from-russia-supplies
The European Union’s drive to slash reliance on Russian natural gas is boosting the strategic importance of finds in Cyprus, the country’s energy minister said....
https://knews.kathimerini.com.cy/en/business/wfh-epidemic-blamed-for-travel-chaos-across-europe
The CEO of Qatar Airways has blamed the chaos at airports on a work-from-home "epidemic," Reuters reported on Monday....
https://knews.kathimerini.com.cy/en/news/putin-will-restart-gas-pipeline-to-europe-but-with-conditions
Russian President Vladimir Putin signaled that Europe will start getting gas again through a key pipeline, but warned that unless a spat over sanctioned parts is resolved, flows will be tightly curbed....
https://knews.kathimerini.com.cy/en/news/kyiv-summons-turkish-ambassador-over-release-of-‘stolen-grain-from-russian-ship
Kyiv is summoning Turkey's ambassador to Ukraine after Ankara released the Zhibek Zholy cargo ship with "stolen" Ukrainian grain Wednesday evening, Ukraine's Ministry of Foreign Affairs wrote in a statement today.
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https://knews.kathimerini.com.cy/en/news/cancellations-delays-and-strikes-which-destinations-are-the-most-affected
What to know and what to pay attention to those who are preparing to travel...
https://knews.kathimerini.com.cy/en/news/nicosia-jittery-about-us-demand-to-ban-vessels
The Republic of Cyprus reportedly has concerns over a US request to ban vessels transporting Russian oil, with the small island but major maritime player feeling pressure as Washington leads a G7 effort to sharply reduce Russian oil revenue...
https://knews.kathimerini.com.cy/en/news/russia-defaults-on-foreign-debt-for-the-first-time-since-1918
Russia has defaulted on its foreign debt for the first time in more than a century as the country can't pay creditors due to sanctions over the war in Ukraine, according to media reports.
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https://knews.kathimerini.com.cy/en/news/big-disparity-of-fuel-prices-on-the-island
The highest price for Diesel has reached €1.999 in Cyprus, according to the Consumer Protection Service's Fuel Retail Price Observatory. ...
https://knews.kathimerini.com.cy/en/news/lithuania-becomes-first-eu-country-to-cut-off-russian-gas
Lithuania became the first European Union country to end its dependence on Russian gas, according to its energy minister....
https://knews.kathimerini.com.cy/en/news/credit-suisse-in-the-hot-seat-for-telling-its-clients-to-shred-evidence
Just weeks after Credit Suisse was caught telling clients to shred evidence of its loans to Russian oligarchs, the embattled investment bank has decided to pull out of the country....
https://knews.kathimerini.com.cy/en/news/abramovich-s-$600-million-solaris-cruising-for-8-days-off-turkey-s-coast-without-destination
A luxury superyacht owned by Russian billionaire Roman Abramovich that has been sailing without a destination for more than a week has updated its status for the first time since leaving port, ship-tracking data shows, suggesting that the vessel has no immediate intention of docking....
https://knews.kathimerini.com.cy/en/news/1-op-ed-the-new-cold-war
Sometimes important news is overlooked. I read in Bloomberg on Tuesday that China and Saudi Arabia are negotiating oil sales in the Chinese yuan, rather than in dollars....
https://knews.kathimerini.com.cy/en/business/russia-is-seizing-western-built-airliners-while-sanctions-block-parts-maintenance-and-support
On Monday, Russian President Vladimir Putin signed a law that will allow Russian airlines to take control of hundreds of the Western-built planes leased from international firms, Russian news agency TASS reported, per The Wall Street Journal....
https://knews.kathimerini.com.cy/en/news/western-businesses-flight-from-russia-continues
Russia’s business rupture with the West grew wider Monday as Shell, General Motors and others announced plans to end or freeze their dealings with the nation after its invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/ruble-in-free-fall-as-sanctions-against-russian-central-bank-come-into-force
European Union sanctions against Russia's central bank have come into force after they were published in the EU Official Journal in the early hours of Monday, leading the ruble to fall sharply.
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https://knews.kathimerini.com.cy/en/news/i-need-ammunition-not-a-ride-zelensky-blasts-biden-for-offering-to-evacuate-him-from-kyiv
Ukrainian President Volodymyr Zelensky told President Joe Biden 'I need ammunition, not a ride,' when offered the chance of a US-backed evacuation....
https://knews.kathimerini.com.cy/en/news/greece-requires-covid-tests-from-travelers-including-from-eu
Greece will require all visitors traveling to the country, including those from fellow European Union countries, to present a PCR test taken within 48 hours of arrival, the country’s health ministry said Wednesday....
https://knews.kathimerini.com.cy/en/business/a-parked-cargo-of-5-billion-dollars-that-no-one-can-touch
With the market "drying up" and the anxious searching for raw materials, this aluminum stock is considered worth more than its weight in gold.
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https://knews.kathimerini.com.cy/en/business/london-credit-fund-q3-2021-results-exceed-its-4-pa-target-return
Consulco announced that during Q3 2021, London Credit Fund achieved a dividend of £11.55 in per unit of its Class A shares, $10.84 per unit for its Class C shares and €10.57 per unit for its Class E shares....
https://knews.kathimerini.com.cy/en/life/flying-taxis-in-london-from-2025
Heathrow Airport in London plans to set up a flying taxi center by 2025, in partnership with startup Vertical Aerospace Group....
https://knews.kathimerini.com.cy/en/business/hertz-orders-100-000-tesla-cars
Hertz Global Holdings Inc., placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet,...
https://knews.kathimerini.com.cy/en/news/confession-app-highlights-how-ai-could-render-white-collar-jobs-obsolete
Technology is an integral part of the daily life of many people, both personally and professionally....
https://knews.kathimerini.com.cy/en/news/apple-slashes-iphone-13-production-by-as-much-as-10-million-units
Apple may have to slash its production of IPhone 13 by as much as 10 million units, according to Bloomberg News....
https://knews.kathimerini.com.cy/en/news/facebook-in-a-whirlwind-of-scandals-and-unprecedented-blackouts
It took a few minutes for it to disappear from the internet and about seven hours for it to return....