https://knews.kathimerini.com.cy/en/business/amazon-announces-immediate-layoffs-of-10-000-workers
Amazon plans to lay off approximately 10,000 employees from administrative and other positions in its technology departments....
https://knews.kathimerini.com.cy/en/business/who-benefits-from-the-proposed-rent-to-mortgage-scheme
The "Rent vs Instalment Scheme", now known as the "mortgage to rent" scheme, is nearing completion, with implementation set to begin in January 2023. ...
https://knews.kathimerini.com.cy/en/life/it-s-beginning-to-look-a-lot-like-christmas- -photos
The Christmas Villages are set to begin in less than two weeks, on Saturday, November 26, and preparations by the participating communities are ongoing. ...
https://knews.kathimerini.com.cy/en/news/investors-lost-$1-billion-on-ftx-prompting-calls-for-industry-regulation
The turmoil in the cryptocurrency world continues unabated following the bankruptcy of the FTX platform, which landed its founder, Sam Bankman-Freid, bankrupt almost overnight. ...
https://knews.kathimerini.com.cy/en/news/the-future-of-civil-protection-in-the-mediterranean
The Nicosia Risk Forum 2022, which begins on Tuesday at the Radisson Blu Hotel in Larnaca, strives to be a game changer in Mediterranean civil protection....
https://knews.kathimerini.com.cy/en/news/finance-minister-calls-for-the-repeal-of-foreclosure-suspension
The Ministry of Finance proposes delaying the law on divestiture suspension.
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https://knews.kathimerini.com.cy/en/business/slower-economic-growth-expected-towards-end-of-year
The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn 2022 Economic Forecast which was presented on Friday by Commissioner for the Economy Paolo Gentiloni....
https://knews.kathimerini.com.cy/en/news/tomatoes-and-potatoes-now-regarded-as-luxury-items
The Consumer Protection Agency published the retail prices of basic consumer goods on Friday with a reference date of 9/11/2022. The retail prices show significant price increases for potatoes and tomatoes and price decreases for some fish and legumes....
https://knews.kathimerini.com.cy/en/business/ey-modernization-of-the-government-s-web-presence-–-the-redesign-of-the-government-websites
EY Cyprus has signed the contract for the modernization of the web presence of the Republic of Cyprus, through the redesign of the Government’s websites, which will now be accessible through a new digital portal, the gov.cy. ...
https://knews.kathimerini.com.cy/en/news/iranian-protesters-look-to-outside-world-for-help
The anti-government protests sweeping Iran are now in their eighth week, with no sign of ending, despite a bloody crackdown. The rest of the world has watched with alarm, with some countries taking steps in support of the protests....
https://knews.kathimerini.com.cy/en/business/zuckerberg-says-sorry-as-meta-lays-off-1-000-employees
Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-effective-management-of-the-migration-issue
Migration flows to Europe from Africa and Asia are becoming increasingly influenced by geopolitical realities and socioeconomic developments....
https://knews.kathimerini.com.cy/en/news/ft-former-pwc-cyprus-accountants-take-on-company-s-russian-clients
A group of PwC partners has launched a breakaway firm in Cyprus to take on work from Russia-linked clients that the Big Four accountants will no longer touch....
https://knews.kathimerini.com.cy/en/news/cyprus-tomorrow-a-plan-made-by-cypriots-for-cypriots
The importance of the "Cyprus - Tomorrow" National Plan was highlighted by Government Spokesperson and Cabinet Ministers, who attended a special promotional event in Nicosia on Saturday....
https://knews.kathimerini.com.cy/en/news/anastasiades-reveals-cypriot-initiative-on-climate-change-at-cop-27
The Cypriot initiative on climate change will be presented by the President of the Republic, Nicos Anastasiades, at the UN Climate Summit, COP27, which began on Sunday in Sharm El Sheikh, Egypt, amid growing calls for rich countries to compensate poorer ones and states most vulnerable to climate change....
https://knews.kathimerini.com.cy/en/news/layoffs-begin-at-twitter-as-offices-temporarily-close
Twitter Inc temporarily closed its offices on Friday after telling employees they will be informed by email later in the day whether they are being laid off....
https://knews.kathimerini.com.cy/en/news/what-is-causing-the-egg-shortage
Andreas Hadjiadamos, executive secretary of the supermarket association, and Marios Antoniou, secretary general of the Pancyprian retail association, both appeared reassuring about market egg shortages....
https://knews.kathimerini.com.cy/en/business/1-minthis-spa-a-sanctuary-of-wellness-ready-to-awaken-your-senses
Minthis, the flagship luxury lifestyle resort by renowned Cypriot developer Pafilia, has opened one of the most ground-breaking wellness sanctuaries in the Mediterranean....
https://knews.kathimerini.com.cy/en/business/elon-musk-refused-to-budge-on-twitter-s-$8-blue-tick-fee
Elon Musk has doubled down on Twitter's proposed new $8-per-month fee for users who want to keep their blue verified checkmark.
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https://knews.kathimerini.com.cy/en/news/prepare-for-an-increase-in-grain-prices
Agriculture Minister Costas Kadis told 'K' that there is no concern about grain sufficiency in the Cypriot market at this time, explaining that strategic stocks of grains received in the summer remain in importers' silos. ...
https://knews.kathimerini.com.cy/en/business/ey-holds-cyprus-attractiveness-forum-investment-realized-a-reference-point-for-fdi-in-cyprus
The Cyprus Attractiveness Forum: Investment Realized, organized by EY in collaboration with the Cyprus Chamber of Commerce and Industry, took place on Tuesday, October 25th at the Parklane Hotel, in Limassol. ...
https://knews.kathimerini.com.cy/en/business/a-€6-million-chalet-is-just-one-of-several-investments-planned-for-the-mountains-of-cyprus
The new €6.3 million project in Moniatis, which is looking for a buyer, shows that investment in mountainous areas is picking up steam. With DTA's Guru projects, the creation of the Tree Hotel, hotel acquisitions by Property Gallery, and the restoration of the Berengaria Hotel in Prodromos, interest has recently begun to be more active....
https://knews.kathimerini.com.cy/en/news/eurostat-electricity-prices-up-by-32-in-cyprus
In the first half of 2022, average household electricity prices in the European Union increased sharply compared with the same period in 2021, from 22.0 euros per 100 kWh to 25.3 euros per 100 kWh, according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/cyprus-hourly-labor-costs-in-2020-was-at-€18-10-with-some-exceptions
Based on the findings of the Labor Cost Survey (LCS) conducted by the Cyprus Statistical Service, the hourly labor cost was set at €18.10 with 2020 serving as the benchmark year....
https://knews.kathimerini.com.cy/en/news/cypriot-journalist-talks-illegal-surveillance-with-pega
Cypriot author Makarios Drousiotis said on Wednesday that illegal surveillance was still taking place in the Republic of Cyprus, as European lawmakers were on the island for a second day of meetings to uncover any unlawful activity amid spying scandals...
https://knews.kathimerini.com.cy/en/business/moniatis-grand-chalet-is-looking-for-a-millionaire-buyer
In the Moniatis area, a multi-million dollar luxury property is being built and is looking for a buyer. The plot's total area is 2.5 thousand square meters, while the size of the house under construction is 824 square meters....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-government-parliament-candidates-and-your-dog-s-heart
In comparison to humans, a dog, your dog, can sniff more than 100,000 times. His hearing is exceptionally acute, and he can hear your heartbeat without using a stethoscope, allowing him to perceive your emotions....
https://knews.kathimerini.com.cy/en/business/ecb-raises-interest-rates-by-0-75
The European Central Bank recently decided to raise interest rates by 0.75%. This is the third consecutive increase (a 2% increase overall), and the base rate will now be 2%. The interest rate at which banks accept deposits has risen from 0.75% to 1.5%....
https://knews.kathimerini.com.cy/en/news/when-a-vacation-is-less-expensive-than-staying-at-home
Can a vacation be less expensive than staying at home? That is exactly what EasyJet told British citizens, and the vacation package it offered for a trip to Egypt sold out in less than 24 hours....
https://knews.kathimerini.com.cy/en/news/op-ed-wim-van-aken-talks-recession-and-the-predictions-for-cyprus
We are facing a double shock. First, we had the Covid-19 shock and now the global and European economies are facing a new shock with the war in Ukraine. Both events are unprecedented for many of us....
