https://knews.kathimerini.com.cy/en/news/euro-at-new-20-year-low-against-the-us-dollar
The euro slipped to a new twenty-year low due to fears of increased inflationary pressures and an impending recession in Europe as a result of the energy crisis....
https://knews.kathimerini.com.cy/en/news/us-warns-turkey-for-violating-sanctions-against-russia
The Biden administration has warned Turkish businesses not to do business with sanctioned Russian institutions and individuals, ramping up US pressure on a NATO ally that maintains strong ties to Russia during its invasion of Ukraine, the Wall Street Journal reported....
https://knews.kathimerini.com.cy/en/news/wizzair-postpones-its-resumption-of-flights-to-moscow
The low-cost airline from Hungary, Wizz Air, has announced that it decided to further postpone its intentions to resume flights from Abu Dhabi to Moscow starting from October....
https://knews.kathimerini.com.cy/en/news/turkey-doubles-russian-oil-imports-filling-eu-void
Turkey doubled its imports of Russian oil this year, Refinitiv Eikon data showed on Monday, as the two countries are set for broader cooperation in business and especially energy trade in the face of western sanctions against Moscow....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-leadership-and-management-in-the-tourism-industry
The demands of tourists, especially after the coronavirus pandemic, seem to be constantly changing and for this very important reason, businesses should incorporate new management methods, focusing mainly on a more humane approach to the customer....
https://knews.kathimerini.com.cy/en/news/a-peek-into-the-secret-underwater-lives-of-dolphins-video
Video footage from GoPro cameras strapped to a pair of Navy-trained bottlenose dolphins reveals the ocean animals' hunting habits up close for the first time....
https://knews.kathimerini.com.cy/en/news/cyprus-opposes-ban-on-russian-tourist-visas
Cyprus opposes a ban on tourist visas for Russian citizens, the Permanent Secretary of the Ministry of Foreign Affairs, Kornelios Korneliou, said with regards to a proposal expected to be put forward by Baltic countries during the informal Council of EU Foreign Ministers (Gymnich) in Prague....
https://knews.kathimerini.com.cy/en/news/sleepy-greek-port-becomes-us-arms-hub
But the sleepy port of Alexandroupoli in northeastern Greece has taken on a central role in increasing the US military presence in Eastern Europe to contain Russian aggression. That flow has angered not only Russia but also neighboring Turkey, underlining how war in Ukraine is reshaping Europe’s economic and diplomatic relationships....
https://knews.kathimerini.com.cy/en/news/cyprus-gdp-up-by-6-1-during-second-quarter-of-2022
Cyprus recorded a positive GDP growth during the second quarter of 2022, according to a Flash Estimate announced on Wednesday by the Statistical Service of the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/unlike-the-concorde-supersonic-travel-is-coming-back-faster-quieter-and-greener
Supersonic air travel has always messed with the concept of time. Such as being able to fly across the Atlantic and land before your scheduled departure time....
https://knews.kathimerini.com.cy/en/news/eu-states-facilitating-employment-of-third-country-nationals-to-ease-labor-shortage
The European Union’s population is aging. The factors behind this phenomenon are many, but the declining fertility rates and the increased life expectancy, along with migration to countries like the United States, the United Kingdom, Canada, and Australia, are the main ones....
https://knews.kathimerini.com.cy/en/business/edf-funds-seven-cypriot-projects-proposed-in-2021
Several Cypriot businesses and research institutions have secured funding for seven projects from the European Defence Fund (EDF) for 2021, the Ministry of Defence has said....
https://knews.kathimerini.com.cy/en/business/rics-cyprus-property-price-index-with-kpmg-in-cyprus-announces-results-of-q2-2022
KPMG in Cyprus announces that the ''RICS Cyprus Property Price Index with KPMG in Cyprus'' has been issued for Q2 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-still-in-the-mix-as-eu-probes-greek-spyware
Cypriot Deputy Attorney General Savvas Angelides has fired back at allegations over a conflict of interest in an alleged cover-up involving Israeli-made malware, as Nicosia and other EU capitals have been feeling pressure to come clean following rumors of widespread unlawful surveillance...
https://knews.kathimerini.com.cy/en/business/ey-and-hult-international-business-school-announce-new-masters-in-sustainability-free-for-all-ey-people
The EY organization, in association with Hult International Business School, today announces a fully accredited Masters in Sustainability, dedicated to EY people (312,000) exclusively. It will be free of charge and available to all, regardless of rank, tenure or location....
https://knews.kathimerini.com.cy/en/news/fbi-searches-mar-a-lago-in-document-probe
Former President Donald Trump said FBI agents raided his Mar-a-Lago estate on Monday and broke into his safe in what his son acknowledged was part of an investigation into Trump's removal of official presidential records from the White House to his Florida resort...
https://knews.kathimerini.com.cy/en/news/greek-phone-spying-scandal-refuels-cypriot-rumors
Fast developments in Greece over that country’s wiretapping scandal prompted political opposition in Cyprus to call for an end to a code of silence on the island over growing suspicions of unlawful surveillance...
https://knews.kathimerini.com.cy/en/business/nexters-reports-record-breaking-quarterly-revenues-of-$126-million
Nexters, an international game development company headquartered in Limassol, today released financial and operational results for the first quarter of 2022 and announced the changes to the board of directors: ...
https://knews.kathimerini.com.cy/en/business/exness-donates-three-fully-equipped-firetrucks-to-the-forests-department-of-cyprus
Cyprus-based fintech company Exness has just donated three fully-equipped firetrucks to the Forests Department of Cyprus. This donation is part of the €300,000 pledge made by Exness CEO Petr Valov in 2021, following devastating wildfires across the island....
https://knews.kathimerini.com.cy/en/news/cyprus-police-accused-of-‘cooking-up-witnesses
A lawyer for a man acquitted in a drug trafficking case is calling on authorities to investigate evidence that emerged during his trial, citing unreliable witnesses getting cozy with police and violations of jailhouse protocol including late night birthday parties and consumption of illegal delicacies...
https://knews.kathimerini.com.cy/en/business/kpmg-limited-and-georgiou-iacovou-co-llc-announce-the-admission-of-the-law-firm-georgiou-iacovou-co-llc-to-the-kpmg-global-network-of-member-firms
KPMG Limited and Georgiou, Iacovou & Co LLC wish to announce the admission of the law firm Georgiou, Iacovou & Co LLC to the KPMG global network of member firms, as of 1 August 2022. The law firm will operate in the jurisdiction of Cyprus under the KPMG Law brand. ...
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/business/cbc-noticeable-decrease-in-household-and-business-debt
Business and household debt in Cyprus reached €56.2 billion in the first quarter of 2022, according to data from the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/business/foreign-direct-investment-in-europe-a-game-of-two-halves-current-volatility-impacts-strategy-while-long-term-appeal-instills-confidence
Europe’s attractiveness for FDI has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness Survey....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-has-a-strong-presence-at-domestic-award-institutions
Lidl Cyprus received a total of sixteen awards in a wide range of business activity and innovation; notably at the impressive Cyprus HR Awards award ceremony, the Cyprus Responsible Business Awards and Cyprus Retail Excellence Awards as well as at the Cyprus BITE Excellence Awards....
https://knews.kathimerini.com.cy/en/business/lidl-continues-to-expand-its-stationary-trade-and-now-operates-more-than-12-000-stores-internationally
Lidl continues to expand its operation in Cyprus and is opening a new store in Limassol on Thursday, July 28. ...
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/the-new-porsche-911-gt3-rs-is-in-the-starting-blocks
The Porsche 911 GT3 is getting a big brother: the 911 GT3 RS, the new top of the 911 line in terms of performance will celebrate its world premiere on 17 August. The development of the high-performance sports car was inspired by the successful 911 RSR and 911 GT3 R GT racing cars....
https://knews.kathimerini.com.cy/en/news/increasing-electricity-costs-to-be-subsidized-by-the-government
A subsidy that will cover part of the increase in the price of electricity was hammered down during today's session by the Cabinet. As the Minister of Finance Constantinos Petridis stated, ...
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-benefits-in-kind
There are a number of commercial benefits that come with registering the property in the name of a legal entity rather than as an individual e.g. for asset protection purposes as it provides protection against personal insolvency since a property that is in the name of a legal entity should not be affected should the individual becomes personally insolvent....
