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841. CEOs globally forecast increase in revenues, profits and deal making in 2024, as business transformation moves up the agenda

CEOs are optimistic about their ability to drive revenue growth and profitability in 2024 despite global economic headwinds, according to the latest EY CEO Outlook Pulse survey....

842. Pillar two readiness and technology

As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...

843. Government faces backlash over officials' salary surge

In a significant move, a deal signed on July 28, 2017, not only marked the revival of the institution but also propelled the salaries of officials to new heights. ...

844. European Parliament honors Navalny amidst food inflation

The European Parliament will commemorate the life of Russian activist Alexei Navalny, featuring an address by his wife, Yulia Navalnaya, in its plenary session this week in Strasbourg......

845. Crisis looms over vital energy project in Cyprus

In a dramatic turn of events, the consortium behind Cyprus's largest energy project, the Vasilikos F.A. terminal, is sending ominous signals of a possible rupture with the Republic of Cyprus....

846. USA: Florida passes bill banning minors from social media platforms

In a bid to combat rising concerns over child safety, the Florida House and Senate approved a bill imposing one of the nation's strictest bans on social media use by minors under 16. ...

847. Asylum appeals in Cyprus skyrocket to 472%

A dramatic increase of 472% in appeals before the Administrative Court of International Protection by asylum seekers and foreigners has been reported between 2020 and 2023,...

848. Cyprus drives into the future with ADAS/AD for safer roads

In Cyprus, a groundbreaking project is quietly reshaping road safety dynamics, blending seamlessly into daily life across the island....

849. Greek government to sell its stake in Piraeus Bank, anticipates high demand

Greece will proceed with the complete divestment of the state from Piraeus Bank with the disposition of the 27% it controls through the Hellenic Financial Stability Fund (HFSF)....

850. USA: Teens turn to weight loss drugs amid rising obesity rates

In response to escalating obesity rates among teens, some adolescents are turning to powerful weight loss medications, with the American Academy of Pediatrics endorsing their use for those aged 12 and above. ...

851. State court ruling may impact IVF procedures: Embryo status under review

An Alabama medical center, the University of Alabama at Birmingham (UAB), has ceased all in vitro fertilization (IVF) treatments after a recent court decision categorized embryos as babies....

852. Government reveals setbacks in local governance overhaul

The Cypriot government admits to deficiencies in its largest administrative overhaul since the Republic's inception, just four months before its official launch....

853. Cabinet extends maternity leave to foster work-life balance

In a move aimed at supporting new mothers and promoting work-life balance, Cyprus’ Council of Ministers has given the green light to an increase in maternity leave. ...

854. London's BT Tower sold for £275m to become a hotel

London's iconic BT Tower, a symbol of the city's skyline since its inauguration by Prime Minister Harold Wilson in 1965, is undergoing a significant transformation. ...

855. Prince William urges end to Gaza fighting

The statement from Prince William of the UK regarding the situation in Gaza marks a departure from the traditional stance of the royal family on politically sensitive matters....

856. EC approves interest subsidy scheme for housing loans

In a significant development, the European Commission's DG Competition has approved an interest subsidy scheme aimed at housing loans in Cyprus....

857. Netherlands tops global pension charts

A recent analysis by the Mercer CFA Institute has identified European nations as leaders in global pension systems. The Netherlands secures the top spot in the rankings, with Iceland and Denmark following closely behind....

858. Vatican's keeper of secrets retires, unveils hidden truths

The Vatican, known for its enigmatic archives, sheds light on its secrets as Archbishop Sergio Pagano reveals hidden details spanning 12 centuries in his upcoming book, ''Secretum.''...

859. Who needs a view when you've got a packed car?

In a peculiar incident captured on the ''I Love Cyprus RE'' page, a driver's unconventional vehicle loading has raised eyebrows and safety concerns among onlookers. ...

860. Trump fined $354.9 million in New York civil fraud trial

Former US President Donald Trump faces a hefty fine of $354.9 million (£281.6 million) following a civil fraud trial in New York. Including interest, he must pay at least $453.5 million (£359.9 million). ...

861. SafeBulkers Inc. boosts Cypriot fleet with modern ships

In a strategic move to fortify the Cypriot flag, Safebulkers Inc., a prominent shipping company, has added two state-of-the-art vessels to its fleet....

862. Paphos mayor alleges ETEK negligence in SAPA fallout

Fresh revelations have emerged in the ongoing SAPA scandal following intense scrutiny in the Parliamentary Committee on Institutions....

863. PwC Cyprus goes 100% renewable, sets green example

PwC Cyprus issued an announcement today, revealing that it has achieved a significant milestone in its quest for zero emissions. The electricity powering its operations in Nicosia and Limassol is now sourced entirely from renewable sources. ...

864. The sloppiness of our 'Big Brother'

The Cypriot's life is filled with cameras: pocket cameras worth 1,000 euros that also take phone calls, home cameras warding off unwanted visitors, and now cameras on the main arteries of the road network. ...

865. Akamas biodiversity under threat, EU commission acts

The European Parliament's Petitions Committee (PETI) remains vigilant regarding complaints about EU environmental legislation in Cyprus's Akamas region, following a recent debate in Brussels. ...

866. After Berengaria comes the development of the highlands

In recent months, work on the historic Berengaria Hotel in Prodromos, a €35 million project, has come to a standstill. But this is only temporary....

867. Spanish banks wary of Cypriot student accounts

The impact of Cyprus being deemed a high-risk destination continues to reverberate even in European Union countries, with remnants of its troubled past lingering....

868. Booking.com warns of human rights risks in occupied territories

Accommodation booking giant Booking.com issues a cautionary note to travelers planning visits to the occupied territories, highlighting ''threats to human rights.'' The announcement urges travelers to make well-informed decisions regarding accommodation and travel plans....

869. German President concludes historic state visit (a rundown with images)

German President Frank-Walter Steinmeier embarked on a significant state visit to Cyprus, marking a historic milestone in bilateral relations. During his visit, President Steinmeier engaged in a range of activities aimed at strengthening ties and addressing critical issues....

870. Lebanon rejects immediate return of migrants from Cyprus