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12° Nicosia,
22 November, 2024
 

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Displaying results 1-30 of 498 matches for query Revenue.

1. FT: How oil and gas companies hide methane emissions, threatening climate goals

https://knews.kathimerini.com.cy/en/business/ft-how-oil-and-gas-companies-hide-methane-emissions-threatening-climate-goals

Methane, a potent greenhouse gas, is quietly driving climate change while remaining hidden from view. The oil and gas industry is among the largest contributors to this problem, with companies using various methods to obscure the true scale of their emissions. Here's what you need to know....

2. Greek workers strike over rising costs and low wages

https://knews.kathimerini.com.cy/en/news/greek-workers-strike-over-rising-costs-and-low-wages

Greek workers are currently on strike today, Wednesday, causing disruptions at ports, and on buses and trains. The nationwide strike, which includes transport workers, doctors, teachers, and construction workers, is a protest against rising living costs and demands for higher wages....

3. 50 million luxury shoppers pull back as market slows

https://knews.kathimerini.com.cy/en/business/50-million-luxury-shoppers-pull-back-as-market-slows

For the first time since the 2009 financial crisis, the luxury goods market is losing its shine. A whopping 50 million shoppers have stopped splurging on designer bags, watches, and other high-end items, according to Bain & Company’s latest report....

4. Sklavenitis to revamp Papantoniou supermarkets across Cyprus

https://knews.kathimerini.com.cy/en/business/sklavenitis-to-revamp-papantoniou-supermarkets-across-cyprus

In September 2025, the Sklavenitis Cyprus network will officially complete its acquisition of Papantoniou Supermarkets, a move that will significantly reshape the local retail landscape, according to Kathimerini's Dorita Yiannakou....

5. Bank of Cyprus reports €401 million profit surge

https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-reports-€401-million-profit-surge

In the latest financial report, Bank of Cyprus has reported a solid profit of €401 million for the first nine months of 2024—a 15% jump from last year’s €349 million. ...

6. Cyprus trade deficit drops by €1.18 billion as imports and exports decline

https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-drops-by-€1-18-billion-as-imports-and-exports-decline

Cyprus’ trade deficit dropped significantly by 17.4%, or €1.18 billion, in the first nine months of the year compared to the same period in 2023, according to provisional data from the Statistical Service of Cyprus (Cystat). ...

7. What Trump’s election could mean for American taxpayers

https://knews.kathimerini.com.cy/en/news/what-trump-s-election-could-mean-for-american-taxpayers

A Donald Trump presidential election victory would have huge implications for US trade policy......

8. Larnaca and Paphos airports to handle 17.5 million passengers annually

https://knews.kathimerini.com.cy/en/news/larnaca-and-paphos-airports-to-handle-17-5-million-passengers-annually

The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......

9. Hellenic Bank reports €284.4M profit for 2024

https://knews.kathimerini.com.cy/en/business/hellenic-bank-reports-€284-4m-profit-for-2024

Hellenic Bank reported a profit of €284.4 million for the first nine months of 2024, up from €240.7 million in the same period last year....

10. Euronet remains only bidder in delayed JCC sale

https://knews.kathimerini.com.cy/en/news/euronet-remains-only-bidder-in-delayed-jcc-payment-systems-sale

The process for the sale of JCC Payment Systems, which began confidentially over the summer, appears to have hit a "snag," with Euronet as the only prospective buyer. ...

11. Germany: €60 billion budget shortfall rocks Europe's largest economy

https://knews.kathimerini.com.cy/en/news/germany-€60-billion-budget-shortfall-rocks-europe-s-largest-economy

Germany’s tax revenues are projected to fall nearly €60 billion short of earlier expectations over the next five years, intensifying budget challenges for Chancellor Olaf Scholz’s government and straining the already fragile three-party coalition....

12. Cyprus surpasses pre-pandemic financial levels with growing surplus

https://knews.kathimerini.com.cy/en/business/cyprus-surpasses-pre-pandemic-financial-levels-with-growing-surplus

Cyprus is bouncing back from recent economic challenges, with its financial health improving dramatically. Current fiscal surpluses now exceed what they were before the pandemic, thanks to a significant increase in revenue....

13. Freedom Holding Corp. marks 5th anniversary of Nasdaq IPO with significant growth milestones

https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-marks-5th-anniversary-of-nasdaq-ipo-with-significant-growth-milestones

Freedom Holding Corp. (FRHC) is celebrating the fifth anniversary of its IPO on the Nasdaq Capital Market, one of the world’s leading stock exchanges. ...

14. EU takes Cyprus to court over tax law delays

https://knews.kathimerini.com.cy/en/news/eu-takes-cyprus-to-court-over-tax-law-delays

The European Commission has referred Cyprus, along with Spain, Poland, and Portugal, to the European Court of Justice for failing to implement the 2022 directive on a global minimum level of taxation for multinational corporations and large companies (Pillar 2 directive)....

15. Cyprus projects €1.13 billion fiscal surplus for 2025

https://knews.kathimerini.com.cy/en/news/cyprus-projects-€1-13-billion-fiscal-surplus-for-2025

Cyprus is on track to achieve a fiscal surplus of €1.13 billion in 2025, amounting to 3.3% of GDP, according to the state budget presented to the House of Representatives on Thursday. ...

16. Deloitte Cyprus issues its annual Transparency Report: Fostering resilience, creating enduring value

https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-issues-its-annual-transparency-report-fostering-resilience-creating-enduring-value

Deloitte Cyprus issued its 13th Transparency Report covering the period from 1 June 2023 to 31 May 2024. ...

17. Cyprus tourism revenue rises to €474 million in July

https://knews.kathimerini.com.cy/en/business/cyprus-tourism-revenue-rises-to-€474-million-in-july

Tourism revenue in Cyprus grew by €19.4 million in July 2024, reaching €474.0 million, an increase of 4.3% compared to €454.6 million in July 2023, according to the results of the Passenger Survey carried out by the Statistical Service....

18. Businesses in Cyprus can benefit economically from policies for fewer cars

https://knews.kathimerini.com.cy/en/comment/opinion/businesses-in-cyprus-can-benefit-economically-from-policies-for-fewer-cars

Cities worldwide are increasingly adopting pedestrian-friendly and bicycle-friendly policies, amid growing concerns over the climate crisis and the need to reduce air and noise pollution. ...

19. CERA approves €125M for Cyprus-Crete power link

https://knews.kathimerini.com.cy/en/news/cera-approves-€125m-for-cyprus-crete-power-link

The Cyprus Energy Regulatory Authority (CERA) has approved an annual investment recovery of €25 million for the Cyprus-Crete electricity interconnection project, also known as the Great Sea Interconnector (GSI), covering the period from January 1, 2025, to December 31, 2029....

20. Cyprus struggles to boost winter tourism

https://knews.kathimerini.com.cy/en/business/cyprus-struggles-to-boost-winter-tourism

Cyprus is having a tough time improving its winter tourism, according to Kathimerini's Dorita Yiannakou, even though more tourists are visiting and spending more money. ...

21. IRS experts aid Cyprus in combating money laundering

https://knews.kathimerini.com.cy/en/news/irs-experts-aid-cyprus-in-combating-money-laundering

In October 1931, notorious American gangster Al Capone was sentenced to 11 years in prison on five counts of tax evasion by the federal justice system, marking a pivotal moment in organized crime history in the U.S....

22. US financial experts visit Cyprus to tackle money laundering

https://knews.kathimerini.com.cy/en/news/u-s-financial-experts-visit-cyprus-to-tackle-money-laundering

A delegation of financial experts from the U.S. Department of the Treasury’s Internal Revenue Service Criminal Investigation (IRS-CI) will visit Cyprus from September 15 to September 19, 2024, for high-level discussions on money laundering and financial crime....

23. FT: China slaps PwC with $62 Million fine and six-month ban

https://knews.kathimerini.com.cy/en/business/ft-china-slaps-pwc-with-$62-million-fine-and-six-month-ban

Chinese authorities have hit PwC China with a hefty fine of $62 million and a six-month ban following a major scandal involving the collapsed property developer Evergrande, according to the Financial Times. ...

24. Second Quarter & First Half 2024 Financial Results

https://knews.kathimerini.com.cy/en/business/second-quarter-first-half-2024-financial-results

AEGEAN announces its financial results for the Second Quarter and First Half of 2024. ...

25. Cyprus trade deficit drops 17% in 2024

https://knews.kathimerini.com.cy/en/business/1-trade

Cyprus’ trade deficit dropped by 17% in the first seven months of 2024, falling to €4.31 billion compared to €5.19 billion during the same period last year, ...

26. Greece imposes 20-euro levy on cruise visitors to curb overtourism

https://knews.kathimerini.com.cy/en/business/greece-imposes-20-euro-levy-on-cruise-visitors-to-curb-overtourism

Greece plans to impose a 20-euro levy on cruise ship visitors to the islands of Santorini and Mykonos during the peak summer season, in a bid to avert overtourism, Prime Minister Kyriakos Mitsotakis said on Sunday....

27. Cabinet to make final call on power link funding today

https://knews.kathimerini.com.cy/en/news/cabinet-to-make-final-call-on-power-link-funding-today

The Cyprus Cabinet is meeting today to finalize decisions on the financing of the Cyprus-Greece electricity interconnection project, known as the Great Set Interconnector. ...

28. Government revenue boosts Cyprus surplus to €702.5 million

https://knews.kathimerini.com.cy/en/news/government-revenue-boosts-cyprus-surplus-to-€702-5-million

The Republic of Cyprus recorded a significant fiscal surplus of €702.5 million for the period of January to July 2024, according to preliminary General Government fiscal results, released on Friday by the Statistical Service of Cyprus....

29. Emergency meeting to address progress on LNG and GSI projects

https://knews.kathimerini.com.cy/en/news/emergency-meeting-to-address-progress-on-lng-and-gsi-projects

The Cyprus Parliamentary Energy Committee will hold an emergency meeting on Wednesday morning to review updates on two key projects......

30. FT: China set to hit PwC with record penalty amid Evergrande fallout

https://knews.kathimerini.com.cy/en/news/ft-china-set-to-hit-pwc-with-record-penalty-amid-evergrande-fallout

PwC China has informed its clients that it expects Chinese authorities to impose a six-month business ban starting as early as September, following its audit of the now-collapsed property developer Evergrande....

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