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1621. Government in talks with businesses to raise corporate tax rate

Finance Minister Haris Georgiades confirmed reports that the government plans to increase the corporate tax rate from 12.5% to 15%...

1622. Detectives join missing woman’s case in Ikaria

Greek police have found blood on the hotel bed of a British Cypriot female, who was reported as missing while on vacation by her boyfriend hours before the couple was set to fly back to Cyprus...

1623. Trump hits China with more tariffs, sharply escalating trade dispute

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets. ...

1624. All set for Akinci-Anastasiades meeting as President calls for leaders council

In statements in Limassol after President Anastasiades had a meeting with UN Secretary General’s Special Representative in Cyprus and head of UNFICYP Elizabeth Spehar, Prodromou announced that “Anastasiades has convened a meeting with political party leaders on Monday, August 5, at 1030 hrs to hold discussions in view of his meeting with Akinci.” ...

1625. Britain's LSE seals $27 billion Refinitiv deal to create data giant

London Stock Exchange has agreed to buy financial information business Refinitiv in a $27 billion deal, it said on Thursday, in a move to transform the British company into a market data and analytics giant. ...

1626. Nicosia boy hospitalised after snake bite

A little boy in Nicosia has been admitted to the Intensive Care Unit following a snake bite incident...

1627. Dombrovskis: The EU leads the world in the battle against climate change

This year, millions of young people across the world joined an international movement for climate change. They demanded action instead of mere talk, marching to fix the planet before it is too late. ...

1628. Volunteers to enlist as fire lookouts

A volunteer wildfire lookout programme is set to begin in Cyprus, following public criticism and disdain over preventable fires and arson attacks in forested areas...

1629. Defence Ministers of Cyprus and Greece to discuss Turkish provocations on Friday

The Ministers of Defence of Cyprus and Greece, Savvas Angelides and Nikos Panagiotopoulos, will discuss about the Turkish provocations in Cyprus` Exclusive Economic Zone (EEZ) and territorial waters during the official talks they will have on Friday in Nicosia. Panagiotopoulos will also represent the Greek government at the events organized on the occasion of the anniversary of the Turkish invasion of Cyprus, that took place on July 20, 1974....

1630. Ayia Napa marina full speed ahead

Despite considerable progress on the Ayia Napa Marina construction so far, a July completion is being pushed back as more work on infrastructure is necessary...

1631. Man sentenced in arcade cannabis trial

The main suspect in the cannabis-stuffed claw machine trial has been sentenced to 14 years, after refusing to reveal the brain behind the illegal operation...

1632. Talent shortages costing European private businesses €414 billion each year

European private businesses’ biggest challenge is the increasingly growing skills shortage that is preventing them from hiring the right talent for growth. A PwC survey across 31 European countries shines a spotlight on a wider, ongoing issue across the region. PwC estimates that the skills shortage is costing the region €414 billion annually in lost revenues - just from private businesses. That’s around 2.6%of European GDP and is more than the combined annual GDP of Greece and Portugal. ...

1633. ONE redefines Limassol skyline

A new time-lapse video online shows a glimpse of the ongoing construction of ONE, one of Limassol’s skyscrapers reshaping the southern resort town’s skyline...

1634. EY: Renewable energy is taking strides towards a subsidy-free era

The renewable energy sector is entering a new phase of subsidy-free growth across the world, according to the 53rd EY Renewable Energy Country Attractiveness Index (RECAI). Mainland China and the US remain at first and second positions respectively on the top 40 ranking, while France moves up two positions to third from fifth, led by a new focus on floating offshore wind capacity and doubling of its annual targets for onshore wind capacity additions...

1635. Recovering lost ground

The government that has just taken power in Greece is different to what we are accustomed to and close to what a big chunk of the population is eager to see. The center-right administration appears well-prepared. The comparison is not only being made with SYRIZA, which was completely unprepared when it took over at a crucial period in 2015, but also with other supposedly experienced administrations before them. That said, in politics plans can be undone by unforeseen events. ...

1636. Semi truck targeted in Limassol explosion

Police are investigating a bomb incident following an explosion underneath a private company’s truck in Limassol...

1637. Larnaca on the rise

The construction of the tallest building in Larnaca and third tallest in all of Cyprus has received the green light from local environmental authorities, which will undoubtedly change the famous Finikoudes strip...

1638. Emergency Room doctors go on strike

Union doctors in the Emergency Rooms of state hospitals went on strike on Tuesday morning, with the government crying foul and saying the move is unwarranted...

1639. Teen critical after water emergency

A 16-year-old male is in critical condition at Nicosia General Hospital following a boating incident when friends spotted the teen unconscious in the water in Cape Greco...

1640. Man dies in parking lot accident

An elderly man was killed in an accident on Thursday night, after he was struck by a vehicle as it was entering a parking lot in Nicosia...

1641. Man gets eight years in mother's death

A man who savagely attacked his mother last year was sentenced to eight years on Thursday, after he was convicted on manslaughter half a year after the incident...

1642. Citizens praised for helping police

Dozens of citizens got praise from authorities during a police award ceremony on Wednesday in recognition of their role in combating crime...

1643. President on the way to recovery

President Nicos Anastasiades is on his way to make a full recovery following hip surgery, with reports saying he has managed to take a few steps and could be released barring any unforeseen circumstances...

1644. President in good spirits after surgery

President Nicos Anastasiades was rushed to hospital for emergency surgery on Saturday after a slip-and-fall accident...

1645. ENT doctors slapped with new charges

A second case of corruption involving ENT doctors is taking place, following new evidence that came forth during a recent trial...

1646. EY Cyprus announces four new Partners

EY Cyprus announces the appointment of four new Partners. Nicolas Pavlou, Katerina Mina, Sakis Moyseos and Panayiotis Thrasyvoulou, who are expected to take up their new role as of 1 July 2019...

1647. Taxi drivers go on strike

City taxi drivers went on strike Thursday morning to protest a number of issues including city permits, social security, and the traffic code...

1648. Apple Pay now available to Bank of Cyprus customers

1649. Sex offender fined for flipping the bird

A pardoned sex offender has been fined €700 for flipping off the parents of his victim after getting out early...

1650. Cyprus on the right track to combat trafficking

A US report says the Republic of Cyprus fully meets the minimum standards for the elimination of trafficking, while also offering recommendations for improving prosecution of criminals and offering assistance to victims...