https://knews.kathimerini.com.cy/en/news/clocks-go-back-this-weekend
People in Cyprus got an extra hour of sleep Sunday morning, as clocks fell back to winter time on Saturday after midnight marking the end of Daylight Saving Time...
https://knews.kathimerini.com.cy/en/business/map-s-platis-joins-forces-with-global-firm-fti-consulting
https://knews.kathimerini.com.cy/en/news/four-injured-after-man-draws-knife
A former employee at a courier service flew into a rage on Thursday, injuring himself and three others, including an ex cop, when he drew a knife during a heated argument over owed money in Strovolos...
https://knews.kathimerini.com.cy/en/business/anti-money-laundering-and-terrorist-financing-preventing-framework-legislation-gaps
Over the last years, the EU has developed a solid regulatory framework for preventing money laundering and terrorist financing. However, these rules are not always able to capture the growing technological developments and potential gaps that can be exploited by criminals...
https://knews.kathimerini.com.cy/en/business/pwc-fear-of-automation-greatest-among-those-getting-fewest-opportunities-to-upskill
https://knews.kathimerini.com.cy/en/news/cambodia-s-elite-exposed-through-cypriot-documents
Golden visas are back in the news following reports that members of the Cambodian elite received or applied for Cypriot passports, with Reuters raising questions over the citizenship by investment programme...
https://knews.kathimerini.com.cy/en/business/financial-services-towards-artificial-intelligence-and-machine-learning
Artificial Intelligence in general and machine learning in particular, is not a new concept, but it is only in recent years that financial services firms have started to learn about and understand its full potential...
https://knews.kathimerini.com.cy/en/news/pompeo-opts-for-diplomavy-over-cyprus-eez
The new defense deal signed between Athens and Washington will contribute to Greece’s security, US Secretary of State Mike Pompeo told Kathimerini in a recent interview, while staying firm on diplomatic efforts regarding Cyprus' EEZ...
https://knews.kathimerini.com.cy/en/news/maritime-cyprus-kicks-off-in-limassol
Maritime Cyprus 2019 Conference kicks off Monday in Limassol with the participation of more than 800 shipping executives from around the globe...
https://knews.kathimerini.com.cy/en/comment/opinion/attracting-investments-relations-with-turkey-a-new-chapter
On a diplomatic level, the main event was Mitsotakis’ meeting with Turkish President Recep Tayyip Erdogan. The two leaders discussed all the major issues. Aside from the chronic Cyprus dispute, where the situation has become even more complicated following the discovery of gas deposits, one of the most pressing issues at the moment is migration.
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https://knews.kathimerini.com.cy/en/news/johnson-vows-to-stay-put-to-hit-oct-31-brexit-deadline
Boris Johnson said on Sunday he would not quit as Britain’s prime minister even if he fails to secure a deal to leave the European Union, insisting only his Conservative government can deliver Brexit on Oct. 31.
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https://knews.kathimerini.com.cy/en/news/president-flies-back-amid-criticism
The president of the Republic of Cyprus flew back to Larnaca on Monday following a private plane incident in New York, while political opponents are seeking clarification over his travel arrangements...
https://knews.kathimerini.com.cy/en/business/hellenic-bank-posts-profit-of-€59-1-million-in-first-half-of-2019
The Hellenic Bank has announced that it has posted a profit of €59.1 million after tax in the first half of this year with CEO Yiannis Matsis noting that the results reflect part from the benefits from the acquisition of the operations of former Cyprus Cooperative Bank.
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https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-time-value-of-money
What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...
https://knews.kathimerini.com.cy/en/news/cyprus-and-north-macedonia-closer-together
The establishment and development of bilateral relations between the Republic of Cyprus and the Republic of North Macedonia were the focus of a meeting which the President of Cyprus, Nicos Anastasiades, had on Tuesday, in New York with the Prime Minister of North Macedonia Zoran Zaev, on the sidelines of the UN General Assembly session.
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https://knews.kathimerini.com.cy/en/business/how-will-digital-shape-your-future
As technology evolves to support more and more of our everyday lives, it’s natural to wonder what’s in store for the future. How will it affect your life and career?...
https://knews.kathimerini.com.cy/en/news/thomas-cook-crash-is-dry-run-for-brexit-failures
Social historians will mourn the demise of the world’s oldest travel company, founded by a Baptist carpenter in northern England in 1841; their corporate counterparts will not. With more than 500 high street outlets, Thomas Cook demonstrated a stunning inability to adapt to changing travel habits. The rise of budget airlines and disruptors like Airbnb combined with the weak pound and the unusually hot summer of 2018 to kill off the company which had suffered a near-death experience in 2011.
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https://knews.kathimerini.com.cy/en/news/cyprus-hotels-to-take-a-€60-million-hit-as-thousands-stranded-by-thomas-cook-collapse
Officials at the Deputy Ministry of Tourism are scrambling to ascertain the impact of the collapse of Thomas Cook on the Cypriot hotel industry.
...
https://knews.kathimerini.com.cy/en/news/thomas-cook-goes-bust
The world’s oldest travel firm Thomas Cook collapsed on Monday, leaving hundreds of thousands of holidaymakers stranded around the world including Cyprus ...
https://knews.kathimerini.com.cy/en/news/britain-s-thomas-cook-scrambles-for-£200-million-to-avert-collapse
Britain’s Thomas Cook needs to find an extra 200 million pounds to satisfy its lenders or one of the world’s oldest holiday company risks collapse, potentially stranding thousands of holidaymakers across Europe.
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https://knews.kathimerini.com.cy/en/news/rights-of-cypriot-nationals-secured-after-brexit
The visit by the Secretary of State for Brexit Stephen Barclay to Cyprus on Wednesday is part of the UK Government’s engagement with EU member states “as the UK seeks to reach a deal with the backstop removed,” a DExEU spokesperson told the Cyprus News Agency in London...
https://knews.kathimerini.com.cy/en/news/get-ready-for-brexit-campaign-launches-in-cyprus
The UK Government launched on Monday a major information campaign urging UK nationals living in Cyprus to get ready for Brexit on 31 October...
https://knews.kathimerini.com.cy/en/comment/opinion/the-next-six-months-are-crucial
Since July’s general election, there has been a sense of optimism regarding the country’s course, especially in business circles, inside and outside of Greece. As we learn in the first lessons in economics, climate is everything. At the moment, we have a winning combination of trust and euphoria...
https://knews.kathimerini.com.cy/en/news/cavusoglu-enters-varosha
Disregarding Security Council resolutions for the 45-year-old fenced off part of Famagusta, Varosha, Turkish Foreign Minister Mevlut Cavusoglu became the highest-ranking Turkish government official to enter Famagusta since the town was captured on the 14th of August 1974...
https://knews.kathimerini.com.cy/en/news/speaker-bercow-champion-of-britain-s-parliament-in-clash-with-johnson-bows-out
House of Commons Speaker John Bercow, champion of Britain’s parliament in its move to rein in Prime Minister Boris Johnson over Brexit, said on Monday he would stand down, issuing a warning to the government not to “degrade” parliament.
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https://knews.kathimerini.com.cy/en/news/johnson-again-bids-for-snap-poll-as-brexit-delay-bill-to-become-law
British Prime Minister Boris Johnson will try for a second time on Monday to call a snap election, but is set to be thwarted once more by opposition lawmakers who want to ensure he cannot take Britain out of the European Union without a divorce agreement. With no majority in parliament, which is determined to prevent what many businesses fear would be a calamitous way to quit the EU, Johnson wants to hold an election to keep his promise of leaving by Oct. 31, with or without an agreement.
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https://knews.kathimerini.com.cy/en/news/johnson-s-brother-quits-parliament-torn-between-family-loyalty-and-national-interest
British Prime Minister Boris Johnson’s younger brother, Jo, has resigned as a junior minister and said he would also step down as a lawmaker, citing a conflict between family loyalty and the national interest...
https://knews.kathimerini.com.cy/en/business/german-giant-acquires-foody
Cypriot startup Foody has been acquired by a German food delivery giant in a friendly takeover reaching dozens of countries all over the world...
https://knews.kathimerini.com.cy/en/news/more-us-energy-companies-to-operate-in-cyprus-us-ambassador-says
US Ambassador to Cyprus Judith Garber expressed on Wednesday evening her conviction that more US energy companies will operate in Cyprus, joining ExxonMobil and Noble Energy. She was addressing a business dinner of the American Chamber of Commerce in Cyprus, in Nicosia, in the presence of Foreign Minister Nikos Christodoulides...
https://knews.kathimerini.com.cy/en/news/brexit-no-deal-preparedness-final-commission-call-to-all-eu-citizens-and-businesses
With 8 weeks to go until the United Kingdom's withdrawal from the European Union on 31 October 2019, the Commission has today – in its 6th Brexit preparedness Communication – reiterated its call on all stakeholders in the EU27 to prepare for a ‘no-deal' scenario. In light of the continued uncertainty in the United Kingdom regarding the ratification of the Withdrawal Agreement – as agreed with the UK government in November 2018 – and the overall domestic political situation, a ‘no-deal' scenario on 1 November 2019, remains a possible, although undesirable, outcome...
