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1531. Office workers catching 'ChatGPT fever' as usage surges

According to a recent Reuters/Ipsos poll, many American workers are adopting ChatGPT to assist with everyday tasks, even as tech giants like Microsoft and Google have restricted its use due to security concerns....

1532. Is home really the best office?

Working remotely has its advantages, but there's growing evidence to support what many managers have long suspected: Fully remote workers are less productive....

1533. Alert issued amid spate of prepaid card scams

A total of five cases have been reported between August 4 and 10 about scams that led to withdrawals of thousands of euros through prepaid credit cards, Police spokesperson, Christos Andreou, told CNA on Friday, calling on businesses that sell such cards to be alert and cautious....

1534. Cyprus spends more on imports, trade gap widens

The trade deficit in the first half of 2023 increased by approximately €574 million compared to the same period last year, even though imports significantly dropped in May and June of 2023 when compared to 2022....

1535. 2022 marks best real estate year in 14 years

DANOS, a prominent real estate consulting agency, hails 2022 as a remarkable year for Cyprus real estate, breaking through the economic challenges and awakening from the post-COVID stagnation. ...

1536. Luxurious residences and cutting-edge offices transform Nicosia's skyline

After being closed for two years, the Landmark Hotel, formerly known as the Hilton, is undergoing rapid renovation. The MHV Group, the owner, has provided an update indicating that the project is progressing swiftly according to the plan, ...

1537. Building and agricultural land for sale by AstroBank

1538. Animal hotel's daring rescue amid Alassa blaze

The evacuation process of the animal hotel in Paramytha during the swift Alassa fire's approach on Sunday afternoon was recounted to K by those involved. ...

1539. Mall of Cyprus explains parking fee decision

In an interview with "K", the General Manager of Mall Cyprus, Kypros Hadjistyllis, explained the rationale behind the decision to implement parking charges after a two-hour period....

1540. Upcoming parking charges at Mall of Cyprus and IKEA

Parking fees will be implemented at the Mall of Cyprus and IKEA starting September 1, aiming to enhance parking utilization and visitor efficiency. ...

1541. Cyprus advances in US visa waiver but challenges persist

Robert Paschall, Principal Deputy Assistant Secretary for International Affairs at the US Department of Homeland Security, recently visited Cyprus and discussed the country's aspirations to join the Visa Waiver Program (VWP)....

1542. Pfizer's value sinks $144B on COVID changes

Pfizer has lost $88billion in market share and $144billion in value since its market peak in just one year as the drugmaker suffers a major hangover from the success of its COVID vaccine....

1543. Alive and kicking! Cyprus' political system under the spotlight

The recent public debate in Famagusta Municipality has become a vital reality check on the state of Cyprus' political system over time. The decision to invite Suleiman Ulutsai, the so-called mayor of Famagusta and a Turkish Cypriot vocal about Turkish actions in Varosha...

1544. Harvard professor of 'honesty' faces fraud allegations in startling twist

In an ironic twist in the world of behavioral science, a Harvard professor who studies honesty has been accused of data fraud....

1545. Strongest work-from-home rights for Australians

Before COVID-19 sent one-third of the global workforce home, the Melbourne property surveyor that employs drone operator Nicholas Coomber called its 180-strong staff into the office every day at 9 a.m. to hand out assignments....

1546. Jordan and EU strengthen energy ties via Cyprus

The desire for cooperation with Cyprus on the issue of Jordan's electricity connectivity with the EU was expressed by the Jordanian Minister of Energy during his meetings with the Cypriot Minister of Energy in Amman. ...

1547. Airport staff's compassion for dogs goes viral

A video of dogs in crates being carefully unloaded from a Virgin Australia plane has gone viral on TikTok....

1548. Unemployment sees significant drop, down by 6.8% in July 2023

The unemployed persons, registered at the District Labour Offices on the last day of July 2023, reached 13,187 persons, with their number decreasing by 958 persons or 6.8%, compared to July 2022, according to data published by the Statistical Service of Cyprus on Thursday....

1549. Cyprus universities earn impressive global rankings

The countdown begins for the new academic year 2023-2024, and university helplines are buzzing with inquiries about registrations, place reservations, and freshmen curriculums. By the end of this month, the allocation of freshmen to universities will be clarified, as the Ministry of Education expects around 3,000 candidates...

1550. Embracing digital opportunities for stronger bonds

Digitalization can be a powerful mechanism that brings Greek Cypriots and Turkish Cypriots closer together, provided that incentives are given. ...

1551. Corporate loans above €1 million surge

The net new loans (excluding restructurings) in Cyprus amounted to €1.73 billion in the first half of 2023, showing a slight annual increase of 1.26%. The continuous interest rate hikes by the European Central Bank significantly slowed down the granting of housing loans....

1552. Should you sell your family business?

A common response from family business owners when asked the above question is, "Let them make an offer, and we'll see."...

1553. Trump faces indictment over 2020 election

Donald Trump was indicted on felony charges Tuesday for working to overturn the results of the 2020 election in the run-up to the violent riot by his supporters at the U.S. Capitol, with the Justice Department acting to hold him accountable for an unprecedented effort to block the peaceful transfer of presidential power and threaten American democracy....

1554. Cyprus and Jordan forge partnerships in health, investment, and emergency response

Cyprus and Jordan's governments signed two Memorandums of Cooperation and a Technical Arrangement on Tuesday, establishing collaborations in the health and investment sectors...

1555. Retail trade soars by 8.4% in June

Retail trade turnover increased by 8.4% in value and 6.4% in volume in June 2023 compared to the corresponding month of 2022, according to data presented by the Statistical Service on Tuesday....

1556. Melco Announces Unaudited Second Quarter 2023 Earnings

Melco Resorts & Entertainment Limited (Nasdaq: MLCO), operator of City of Dreams Mediterranean and Cyprus Casinos (“C2”), reported its unaudited financial results for the quarter ended 30 June 2023....

1557. Drone strikes hit Moscow's financial district

Economic sanctions have been the biggest headache for Russia's business elite since the start of the war in Ukraine, but two drone strikes in the heart of Moscow's financial district are forcing companies to think about their employees' safety....

1558. CEO of Hellenic Bank placed on leave

The Hellenic Bank's CEO, Oliver Gatzke, has been placed on mandatory leave with full pay after informing the bank of his decision to terminate his employment contract, effective from July 22, 2024, when the contract was due to expire....

1559. Tokyo apologizes for offensive flyers to new moms

There’s nothing a new mother likes more than being told how to please her husband – right?...

1560. Rhodes' heartbreaking farewell

Standing outside the blackened shell of what used to be his restaurant, Dimitris Hajifotis laments a livelihood lost to wildfires raging on the Greek island of Rhodes this week....