https://knews.kathimerini.com.cy/en/business/japanese-shipping-giants-halt-red-sea-routes-amid-rising-security-concerns
In a significant development, Japan's three major shipping companies, Nippon Yusen, Kawasaki Kisen Kaisha, and Mitsui O.S.K Lines, have suspended navigation through the Red Sea due to ongoing Houthi rebel attacks on vessels....
https://knews.kathimerini.com.cy/en/news/wizz-air-forced-to-pay-£1-2m-in-compensation
Thousands of passengers have scored a significant victory against budget airline Wizz Air, as the Civil Aviation Authority (CAA) reveals a landmark compensation payout of £1.2 million....
https://knews.kathimerini.com.cy/en/news/kursat-rejects-extradition-request-in-greek-cypriot-land-dispute
In a recent development, the extradition case of Turkish Cypriot lawyer Kursat has been adjourned until February 6 by a court in Rome....
https://knews.kathimerini.com.cy/en/news/makis-keravnos-voices-concerns-over-geopolitical-developments
The global supply chain disruption and its economic impact on Europe and the world have raised concerns among Europeans....
https://knews.kathimerini.com.cy/en/comment/opinion/can-cyprus-withstand-yet-another-crisis
The recent Houthi attacks on commercial vessels navigating the Red Sea have triggered another disturbance in the intricate web of the global supply chain...
https://knews.kathimerini.com.cy/en/news/how-the-consumer-pocket-faces-a-perfect-economic-storm
The uncertainty and the intense upheavals in the global supply chain continue....
https://knews.kathimerini.com.cy/en/news/shell-halts-red-sea-route-amidst-houthi-threats
In a significant move responding to heightened security risks, oil giant Shell has officially opted to suspend the utilization of the Red Sea Route for cargo transport, a decision unveiled through the Wall Street Journal....
https://knews.kathimerini.com.cy/en/news/cablenet-teams-up-with-kinx-gaming-for-global-game-jam-2024
It is with great pleasure that Cablenet announces its strategic cooperation with KINX Gaming pioneer in eSports industry in Cyprus and we are excited to invite you to the Global Game Jam - Cyprus 2024, which will take place for the second time in Cyprus from January 26th to 28th....
https://knews.kathimerini.com.cy/en/news/central-bank-chief-cautions-on-early-rate-cuts-amid-global-tensions
Central Bank Governor and European Central Bank (ECB) member Constantinos Herodotou stated that discussions regarding interest rate reductions are premature, given ongoing geopolitical conflicts and potential disruptions in the supply chain arising from tensions in the Red Sea....
https://knews.kathimerini.com.cy/en/news/high-stakes-legal-battle-rocks-cyprus
In a significant development, Cypriot lawyer Akan Kirsiat, currently under arrest in Rome, is set to decide today on his extradition to the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/forty-percent-of-global-jobs-face-disruption-because-of-ai
Artificial intelligence (AI) is poised to reshape the global job market, potentially affecting 40% of jobs worldwide, according to the head of the International Monetary Fund (IMF), Kristalina Georgieva....
https://knews.kathimerini.com.cy/en/news/platres-historical-tapestry-unfurls-with-new-open-museum
In the next few months, the completion of the Open Museum of Platres is expected. In an interview with ''K,'' Platres Mayor Panagiotis Papadopoulos disclosed that work has commenced on the exhibition space, serving as the starting point for a historical walk through Platres....
https://knews.kathimerini.com.cy/en/news/keravnos-attends-brussels-ecofin-meeting
Minister of Finance Makis Keravnos is in Brussels to take part on Monday in the meetings of the Eurogroup and the EU Finance Ministers Council (ECOFIN)....
https://knews.kathimerini.com.cy/en/business/big-news-new-eu-data-rules-give-you-more-control
In a significant development, the European Union's Data Act officially came into force today, ushering in a new era for data access and privacy in the EU market. ...
https://knews.kathimerini.com.cy/en/business/one-stop-shipping-centre-launched-to-boost-competitiveness
The One Stop Shipping Centre has set sail in Cyprus, marking a significant development for the Cypriot shipping industry. Launched by the Deputy Ministry of Shipping under the President of the Republic,...
https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview
Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....
https://knews.kathimerini.com.cy/en/news/houthi-strikes-send-prices-soaring-in-global-trade
In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....
https://knews.kathimerini.com.cy/en/news/apple-stocks-dip-as-microsoft-claims-market-crown
In a noteworthy development, Microsoft has eclipsed Apple in market capitalization, marking the first time since late 2021....
https://knews.kathimerini.com.cy/en/news/usa-detroit-unveils-groundbreaking-electric-charging-road
Detroit has reportedly unveiled new technology beneath its streets after a year of waiting, with electric vehicles able to get a boost that could ultimately make range anxiety a thing of the past....
https://knews.kathimerini.com.cy/en/news/cyprus-affirms-neutrality-amidst-uk-air-strikes-on-houthi-positions
The Republic of Cyprus is not involved in any operation of a military nature, the Ministry of Foreign Affairs told CNA on Friday, following the announcement that British aircraft stationed at Akrotiri Base in the British Bases,...
https://knews.kathimerini.com.cy/en/news/putting-the-new-macan-through-its-paces-in-the-name-of-performance-and-efficiency
Porsche is putting the prototype of the all-electric Macan through an exacting and gruelling test programme to prepare the follow-up to the successful SUV for its upcoming world premiere. ...
https://knews.kathimerini.com.cy/en/news/trimiklini-scandal-unveiled-15-year-licensing-nightmare-shakes-state-agencies
The Control Committee of the Parliament heard an outcry from the state services, who took almost 15 years to act on a series of illegal activities......
https://knews.kathimerini.com.cy/en/news/minister-michaelidou-unveils-ambitious-strategy-for-sports-talent-development
All the necessary policies and actions are being adopted to promote talent in sport and to ensure an environment with equal opportunities and equal participation for all,...
https://knews.kathimerini.com.cy/en/business/ey-cyprus-releases-the-cyprus-tax-facts-guide-2024
EY Cyprus is delighted to announce the release of the latest edition of the Cyprus Tax Facts guide for the year 2024....
https://knews.kathimerini.com.cy/en/news/christodoulides-reunification-in-2024-despite-50-year-anniversary
Nikos Christodoulides emphasizes the significance of 2024, marking 50 years since the Turkish invasion and 20 years since Cyprus joined the EU....
https://knews.kathimerini.com.cy/en/news/allegations-of-bank-interference-surrounding-reshuffle-speculations
In the midst of last week's political reshuffle speculations, with Irene Piki, the current Deputy Minister to the President, being touted as the likely successor to the Finance Ministry, a new leak from the President's office raised eyebrows...
https://knews.kathimerini.com.cy/en/news/atterbury-europe-unveils-green-vvision-for-limassol-mall
In a groundbreaking move towards a sustainable and environmentally friendly future, Atterbury Europe is set to revolutionize the construction and operation of the proposed Mall of Limassol. ...
https://knews.kathimerini.com.cy/en/business/home-building-costs-up-by-20-insights-for-buyers
Geopolitical developments, marked by conflicts in Ukraine and Gaza, have led to a notable surge in house prices, revealing a 20% increase in construction costs since 2019,...
https://knews.kathimerini.com.cy/en/news/greek-tanker-hijacked-in-persian-gulf-heads-towards-iranian-port
In a concerning development, shipping sources and the British Maritime Safety and Security Office (UKMTO) report the hijacking of a ship of Greek interests in the Persian Gulf, ...
https://knews.kathimerini.com.cy/en/news/government-s-photovoltaics-for-all-plan-sparks-debate-on-eligibility-and-funding
The Government Grant Scheme for transitioning citizens to renewable energy sources and promoting energy-saving initiatives in homes for the period 2024-2025 is currently open for public consultation until January 19, 2024. ...
