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12° Nicosia,
22 November, 2024
 

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Displaying results 1-30 of 526 matches for query Consumers.

1. Rising food prices leave Cypriot households struggling

https://knews.kathimerini.com.cy/en/news/rising-food-prices-leave-cypriot-households-struggling

A recent survey reveals that consumers in Cyprus are increasingly worried about their financial future, as rising food costs and economic challenges weigh heavily on households....

2. Huge fuel price gap in Nicosia puts consumers at a disadvantage

https://knews.kathimerini.com.cy/en/business/huge-fuel-price-gap-in-nicosia-puts-consumers-at-a-disadvantage

Consumers in Nicosia are facing large price differences at fuel stations, with some paying up to 308 euros more for heating oil than others. This price gap is raising questions about unfair competition in the market,...

3. Sklavenitis to revamp Papantoniou supermarkets across Cyprus

https://knews.kathimerini.com.cy/en/business/sklavenitis-to-revamp-papantoniou-supermarkets-across-cyprus

In September 2025, the Sklavenitis Cyprus network will officially complete its acquisition of Papantoniou Supermarkets, a move that will significantly reshape the local retail landscape, according to Kathimerini's Dorita Yiannakou....

4. Amazon launches 'Haul', a low-cost rival to Temu and Shein

https://knews.kathimerini.com.cy/en/business/amazon-launches-haul-a-low-cost-rival-to-temu-and-shein

Amazon is launching a new e-commerce platform called Haul, designed to offer shoppers incredibly low prices on a wide range of products, aiming to take on growing competition from Chinese brands like Temu and Shein....

5. TEMU: ''Half Cyprus is better than none''

https://knews.kathimerini.com.cy/en/news/temu-half-cyprus-is-better-than-none

The online shopping platform Temu is drawing criticism for selling a T-shirt with a slogan referencing the Cyprus issue. The shirt, priced at €11.90 on sale from an original €23.69, features the phrase...

6. BOC finalizes sale of troubled loans to boost stability and growth

https://knews.kathimerini.com.cy/en/news/boc-finalizes-sale-of-troubled-loans-to-boost-stability-and-growth

In September 2024, the Bank of Cyprus reached a deal with funds linked to Cerberus Global Investments B.V. to sell a portfolio of non-performing loans—primarily business loans backed by collateral. ...

7. Sklavenitis expands in Cyprus, shaking up the supermarket scene

https://knews.kathimerini.com.cy/en/business/sklavenitis-expands-in-cyprus-shaking-up-the-supermarket-scene

The Cypriot supermarket landscape is shifting as Greece's Sklavenitis Group officially takes over Papantoniou Supermarkets. With Competition Protection Commission approval, ...

8. New EU tariffs on Chinese EVs slow Cyprus’ shift to electric cars

https://knews.kathimerini.com.cy/en/news/new-eu-tariffs-on-chinese-evs-slow-cyprus-shift-to-electric-cars

The European Union's new tariffs on electric vehicles (EVs) imported from China, reaching as high as 35.3%, are expected to significantly impact Cyprus' already slow-moving EV market, according to a report by Kathimerini's Dorita Yiannakou....

9. Trump's bold 'Day One' agenda: Immigration, gender policies, and foreign relations

https://knews.kathimerini.com.cy/en/news/trump-s-bold-day-one-agenda-immigration-gender-policies-and-foreign-relations

President-elect Donald Trump has set an ambitious agenda for his first day in office, outlining policy goals on issues from immigration to energy and international relations. ...

10. What Trump’s election could mean for American taxpayers

https://knews.kathimerini.com.cy/en/news/what-trump-s-election-could-mean-for-american-taxpayers

A Donald Trump presidential election victory would have huge implications for US trade policy......

11. Lidl Cyprus gives new life to fruit and vegetables with the 'Choose me' bag

https://knews.kathimerini.com.cy/en/news/lidl-cyprus-gives-new-life-to-fruit-and-vegetables-with-the-choose-me-bag

With a new initiative, Lidl Cyprus invites all its customers to choose the "Choose me" bag and help reduce food waste, while saving money on their daily purchases....

12. At the Doorstep of MICA: What to Expect as Crypto Regulation Takes Shape

https://knews.kathimerini.com.cy/en/news/at-the-doorstep-of-mica-what-to-expect-as-crypto-regulation-takes-shape

The European Union's (EU) regulatory framework for cryptocurrencies and digital assets is envisioned to be shaped by the game changer, Markets in Crypto-Assets (MiCA) regulation. ...

13. Urgent airbag recall: Thousands of cars in Cyprus at risk

https://knews.kathimerini.com.cy/en/news/urgent-airbag-recall-thousands-of-cars-in-cyprus-at-risk

Thousands of vehicles in Cyprus may be equipped with potentially dangerous Takata airbags, as the recall process for these defective products remains incomplete. ...

14. Parents concerned over nicotine pouches freely sold on market

https://knews.kathimerini.com.cy/en/news/parents-concerned-over-nicotine-pouches-freely-sold-on-market

Nicotine pouches, freely available in the market, are causing growing alarm among parents, as reported in an interview with Elena Panagiotopoulou, Director of Pharmaceutical Services, hosted by The Vanguard....

15. EU investigates TEMU over unsafe products and addictive tactics

https://knews.kathimerini.com.cy/en/business/eu-investigates-temu-over-unsafe-products-and-addictive-tactics

The European Union is investigating the popular shopping app Temu over concerns that it may be allowing unsafe products on its platform and using potentially addictive features to keep users hooked. ...

16. Countdown to Black Friday: Tips to avoid scams

https://knews.kathimerini.com.cy/en/news/countdown-to-black-friday-tips-to-avoid-scams

As Black Friday approaches on Nov. 29, businesses worldwide are gearing up for significant sales events. Recognized as the unofficial start of the holiday shopping season in the U.S. since 1952, Black Friday is observed on the fourth Friday in November, the day after Thanksgiving....

17. Soaring prices of fruits and vegetables hitting consumers hard

https://knews.kathimerini.com.cy/en/business/soaring-prices-of-fruits-and-vegetables-hitting-consumers-hard

Cypriot consumers are feeling the pinch as the prices of fruits, vegetables, and greens have surged, making it harder for households to purchase these essential goods....

18. ECB to review AKEL’s proposed bank tax amid financial concerns

https://knews.kathimerini.com.cy/en/news/ecb-to-review-akel-s-proposed-bank-tax-amid-financial-concerns

The European Central Bank (ECB) is set to evaluate a proposed "windfall tax" on banks, commonly associated with the leftist political party AKEL, in Cyprus. ...

19. Olive oil and potato prices surge in Cyprus by over 50%

https://knews.kathimerini.com.cy/en/news/olive-oil-and-potato-prices-surge-in-cyprus-by-over-50

Olive oil and potatoes saw the largest annual price increases in September 2024, surging by 61.3% and 57.7% respectively, according to data from the Cyprus Consumer Association....

20. Cyprus banks hike mortgage rates as new loans drop by a third in August

https://knews.kathimerini.com.cy/en/news/cyprus-banks-hike-mortgage-rates-as-new-loans-drop-by-a-third-in-august

Banks in Cyprus raised the interest rates on home loans in August, while reducing the interest rates offered on household deposits, according to data released by the Central Bank of Cyprus on Wednesday....

21. Sklaventis Cyprus opens new office in Limassol

https://knews.kathimerini.com.cy/en/business/sklaventis-cyprus-opens-new-office-in-limassol

Sklavenitis Cyprus has officially inaugurated its new four-story office building in Polemidia, Limassol, which encompasses 2,000 square meters and accommodates 170 workstations. ...

22. CERA approves €125M for Cyprus-Crete power link

https://knews.kathimerini.com.cy/en/news/cera-approves-€125m-for-cyprus-crete-power-link

The Cyprus Energy Regulatory Authority (CERA) has approved an annual investment recovery of €25 million for the Cyprus-Crete electricity interconnection project, also known as the Great Sea Interconnector (GSI), covering the period from January 1, 2025, to December 31, 2029....

23. Will the Great Sea Interconnector become another failed project?

https://knews.kathimerini.com.cy/en/comment/opinion/will-the-great-sea-interconnector-become-another-failed-project

The Cyprus-Greece electrical interconnection, known as the Great Sea Interconnector, has highlighted the challenges of publicly discussing such a significant project....

24. Homebuyers face mounting debts as developers' loans go unpaid

https://knews.kathimerini.com.cy/en/news/homebuyers-face-mounting-debts-as-developers-loans-go-unpaid

25. Cyprus and Greece near deal on critical electricity interconnection project

https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-near-deal-on-critical-electricity-interconnection-project

The upcoming visit of Cypriot President Nicos Christodoulides to Athens on Wednesday could mark the end of months of uncertainty surrounding the Cyprus-Crete electricity interconnection project, according to a report by Apostolos Tomaras in Sunday's Kathimerini....

26. Sales of locally produced goods jump 13.7% in 2022

https://knews.kathimerini.com.cy/en/business/sales-of-locally-produced-goods-jump-13-7-in-2022

In 2022, Cyprus saw a big jump in sales from local factories, reaching €4.29 billion, up 13.7% from the previous year’s €3.78 billion, according to the Statistical Service of Cyprus (Cystat)....

27. Your private conversations influence the online ads you see

https://knews.kathimerini.com.cy/en/business/your-private-conversations-influence-the-online-ads-you-receive

A major advertising company, Cox Media Group (CMG), has reportedly been using "active-listening" technology to create targeted ads based on users' conversations, according to a leaked report. ...

28. Cyprus trade deficit drops 17% in 2024

https://knews.kathimerini.com.cy/en/business/1-trade

Cyprus’ trade deficit dropped by 17% in the first seven months of 2024, falling to €4.31 billion compared to €5.19 billion during the same period last year, ...

29. High-stakes talks on Cyprus-Greece power link leave crucial questions unresolved

https://knews.kathimerini.com.cy/en/news/high-stakes-talks-on-cyprus-greece-power-link-leave-crucial-questions-unresolved

A high-level meeting at the Presidential Palace in Nicosia has concluded discussions on the Great Sea Interconnector (GSI), the ambitious electricity link between Cyprus and Greece....

30. The President faces a tough decision today

https://knews.kathimerini.com.cy/en/comment/opinion/the-president-faces-a-tough-decision-today

The ambiguity surrounding Cyprus's electrical interconnection with Europe is coming to an end. Cyprus must now decide who to align with and who to distance itself from....

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