https://knews.kathimerini.com.cy/en/news/the-clock-is-ticking-on-britain-s-of-poor-brexit-progress
The European Union has warned Britain time was running out to seal a Brexit deal this autumn and ensure London does not crash out of the bloc next March, adding to pressure on Prime Minister Theresa May...
https://knews.kathimerini.com.cy/en/business/co-op-receives-two-bids-in-good-bank-bad-bank-scenarios
The Cooperative Central Bank (CCB) announced on Monday it has received two bids as part of its privatisation process launched in March, with one bidder going after the ‘good bank’ scenario just as the European Commission approved the acquisition of Altamira Cyprus by a joint platform with CCB and one of the bidders...
https://knews.kathimerini.com.cy/en/news/israeli-forces-kill-dozens-in-gaza-protests-as-anger-mounts-over-us-embassy
Israeli forces killed at least 41 Palestinians along the Gaza border on Monday, health officials said, as demonstrators streamed to the frontier on the day the United States prepared to open its embassy in Jerusalem...
https://knews.kathimerini.com.cy/en/news/brexit-hit-eu-staff-ditch-uk-passports
About one in 10 British civil servants at the European Commission has taken another EU nationality since the Brexit vote, but are nonetheless resigned to scant prospects of future promotion...
https://knews.kathimerini.com.cy/en/news/un-official-in-cyprus-for-fact-finding-tour-on-peacekeeping
UN Assistant Secretary-General for Peacekeeping Operations Bintou Keita is in Cyprus to review the UN peacekeeping force (UNFICYP) and the ongoing progress in the implementation of the Security Council-mandated strategic review of the Mission...
https://knews.kathimerini.com.cy/en/business/bad-news-for-bitcoin-believers
Billionaire investor Warren Buffett on Monday said buyers of bitcoin, which he has characterized as “rat poison squared,” thrive on the hope they’ll find other people who will pay more for it...
https://knews.kathimerini.com.cy/en/business/greece-s-new-startup-culture-technology-and-seagrass-sunglasses
Greek student Stavros Tsompanidis was walking on a beach when he saw a business idea in the piles of dried-up seagrass...
https://knews.kathimerini.com.cy/en/business/adidas-sticks-by-kanye-west-after-slavery-remarks
Adidas remains committed to the Yeezy brand created by rapper Kanye West despite his comments describing slavery as a choice and praising US President Donald Trump...
https://knews.kathimerini.com.cy/en/business/cyprus-mortgage-values-drops-by-€62-28-million-during-april
The number of mortgages issued in April reached 1,317 down from 1,804 in March when their value was €299.63 million...
https://knews.kathimerini.com.cy/en/news/russian-tourist-arrivals-expected-to-drop-this-year
Holiday reservations appear to be down this time of the year but experts believe things could be on the upswing again, even as Russian arrivals in Cyprus take a hit due to competition from Turkey...
https://knews.kathimerini.com.cy/en/business/cyprus-registers-biggest-dip-in-unemployment-in-eu
Cyprus recorded the EU's largest annual dip in unemployment in March, from 12.3% to 9.1% followed by Greece (23.2% to 20.6%, Croatia (11.8% to 9.4%) and Portugal (9.7% to 7.4%), according to Eurostat...
https://knews.kathimerini.com.cy/en/business/facebook-to-play-cupid-in-online-dating-debut
Facebook is entering the dating game to matchmake millions of people on the world’s largest online social network and nudge them into spending more time there...
https://knews.kathimerini.com.cy/en/news/mueller-raises-possibility-of-trump-subpoena
Special Counsel Robert Mueller, in a meeting with U.S. President Donald Trump’s lawyers in March, raised the possibility of issuing a subpoena for Trump if he declines to talk to investigators in the Russia probe, a former lawyer for the president said...
https://knews.kathimerini.com.cy/en/news/ankara-came-close-to-overstepping-the-mark
Turkey has “come close” to overstepping Greece’s “red lines” Foreign Minister Nikos Kotzias told Skai in an interview...
https://knews.kathimerini.com.cy/en/news/world-famous-cyprus-beach-to-get-its-sand-back
A sand nourishment project will take place right on the beach at the world-famous Fig Tree bay, but this year local authorities are trying to minimise controversy by obtaining permits and using science to combat erosion...
https://knews.kathimerini.com.cy/en/comment/opinion/don-t-get-caught-up-in-the-east-med-energy-hype
It is tempting for resource-poor countries to overestimate the promise of newly discovered hydrocarbon resources, particularly in times of need...
https://knews.kathimerini.com.cy/en/news/astrasol-plaintiffs-move-to-block-appeal
The Astrasol case is not over, as plaintiffs are scrambling to block an appeal that challenges a court ruling last year that found defendants were responsible for causing a cancer cluster in a Nicosia residential area...
https://knews.kathimerini.com.cy/en/business/sainsbury-s-and-asda-agree-13-3-billion-pound-merger
Sainsbury’s and Asda, the UK arm of Walmart, confirmed they had agreed a 13.3 billion pounds merger to create Britain’s biggest supermarket group by market share, surpassing current leader Tesco...
https://knews.kathimerini.com.cy/en/news/another-uk-minister-bites-the-dust-over-immigration
Home Secretary Amber Rudd resigned on Sunday after Prime Minister Theresa May’s government faced an outpouring of indignation over its treatment of some long-term Caribbean residents who were wrongly labelled illegal immigrants...
https://knews.kathimerini.com.cy/en/news/crunch-year-in-cyprus-bid-to-become-regional-energy-player
Cyprus is ramping up efforts to become a regional energy player with 2018 seen as a critical year in deciding where it stands, Foreign Minister Nicos Christodoulides said in an exclusive interview with Kathimerini...
https://knews.kathimerini.com.cy/en/news/britain-backs-the-island-s-energy-search-and-peace-initiatives
UK's Minister for Europe, Sir Alan Duncan, has reiterated his government’s recognition of the Republic of Cyprus’s sovereign rights in its Exclusive Economic Zone (EEZ) and support for the resumption of reunification talks...
https://knews.kathimerini.com.cy/en/news/on-athens-visit-juncker-appears-upbeat-about-greek-recovery
In a speech before Greece’s Parliament on Thursday, European Commission President Jean-Claude Juncker expressed optimism about Greece’s economic recovery and called on its European partners to honor pledges for debt relief....
https://knews.kathimerini.com.cy/en/business/j-p-overseas-struggles-to-make-things-right
There is no end in sight in the bitter division within J&P Overseas, with one executive drawing on the company’s old glory to save the company while another pointing to mismanagement and threatening to take legal action....
https://knews.kathimerini.com.cy/en/news/understanding-kim-madman-or-misunderstood
US intelligence experts are trying to build a profile of Kim Jong Un to give Trump a competitive edge in one of the most consequential summits since the Cold War...
https://knews.kathimerini.com.cy/en/business/cyprus-is-open-for-business-and-china-s-buying
As US President Donald Trump builds barriers to Chinese trade, Cyprus is throwing open the gates...
https://knews.kathimerini.com.cy/en/business/ecb-mulls-shelving-rules-tackling-eurozone-npls
The European Central Bank is considering shelving planned rules that would have forced banks to set aside more money against their stock of unpaid loans, after suffering a political backlash....
https://knews.kathimerini.com.cy/en/news/far-right-extremists-attack-migrants-on-greek-island
Police forced dozens of migrants onto buses and transported them to the Moria camp in the early hours after Mytilini was turned into a battleground...
https://knews.kathimerini.com.cy/en/news/millions-in-compensation-to-hermes-airports-under-review
A compensation agreement between the state and Hermes Airports is being challenged in parliament, echoing a public debate on how Larnaca and Paphos airports should receive government funds due to the operation of the illegal Ercan (Tymbou) airport in the north....
https://knews.kathimerini.com.cy/en/business/bank-run-at-cooperative-peaked-in-march
A top official at the Cooperative Bank says more money was lost in bank deposits first quarter this year, just shy of 2 billion, than the outflow during the 2013 crisis....
https://knews.kathimerini.com.cy/en/news/european-commission-s-report-on-turkey-most-critical
The Ministry of Foreign Affairs has expressed the view that a European Commission progress report on Turkey published on Tuesday is the most critical one since 2005 and has also agreed with a Commission assessment that the implementation by Turkey of its Cyprus related obligations would significantly boost its relations with the EU....
