https://knews.kathimerini.com.cy/en/business/future-of-the-university-as-we-know-it-is-under-threat-–-ey-report
A new EY report, Are universities of the past still the future?, argues that universities in advanced economies are facing a number of existential issues in the wake of the COVID-19 pandemic....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-inequalities-between-women-and-men-more-profound-two-years-into-life-with-covid
What is very apparent is that women have kept our societies functioning during the pandemic, beyond what they always did, with very little social recognition, appreciation and support;...
https://knews.kathimerini.com.cy/en/business/income-tax-revenue-up-by-€25-6-million-in-2020-compared-to-2019
Cyprus income tax revenue for the tax year 2020 increased by €25,6 million euros, compared to 2019, with the total amount exceeding €642 million.
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https://knews.kathimerini.com.cy/en/business/greece-tax-payment-via-foreign-cards-with-or-without-physical-presence
Greeks and foreigners will finally get the chance to pay their taxes, duties and levies in Greece using cards issued abroad....
https://knews.kathimerini.com.cy/en/business/netflix-shares-lose
Netflix dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20 percent and wiping away most of its remaining pandemic-fueled gains from 2020, just a week after raising prices by up to $2 a month....
https://knews.kathimerini.com.cy/en/business/revenue-from-tourism-reached-pre-covid-levels-in-october-2021
Revenue from tourism reached pre-COVID levels in October 2021 amounting to €310.2 million compared to just €77.4 million in October 2020 and €299.4 million in October 2019....
https://knews.kathimerini.com.cy/en/news/greenpeace-greek-gas-hunt-an-‘unbearable-threat-to-whales
Greenpeace on Wednesday renewed calls against proposed deep-sea oil and gas exploration off southwest Greece, warning of “unbearable” consequences to endangered Mediterranean whales and dolphins....
https://knews.kathimerini.com.cy/en/business/as-millions-fell-into-poverty-during-the-pandemic-billionaires-wealth-soared
The coronavirus pandemic has worsened the massive financial gap between rich and poor around the world, a new report has found....
https://knews.kathimerini.com.cy/en/news/vat-reduction
Finance Minister Constantinos Petrides said on Thursday that the Government has notified the EU’s VAT Committee over its intention to reduce VAT on household electricity bills from 19% to 9%...
https://knews.kathimerini.com.cy/en/business/hertz-orders-100-000-tesla-cars
Hertz Global Holdings Inc., placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet,...
https://knews.kathimerini.com.cy/en/business/alphamega-virtual-run-as-one-2021-registration-is-now-open
The most fun running event of Cyprus returns for a second year in a row with a virtual edition, which allows us to run for our kids from every part of Cyprus! This year, ALPHAMEGA VIRTUAL RUN AS ONE 2021 will be held between 22 and 31 October 2021....
https://knews.kathimerini.com.cy/en/news/apple-slashes-iphone-13-production-by-as-much-as-10-million-units
Apple may have to slash its production of IPhone 13 by as much as 10 million units, according to Bloomberg News....
https://knews.kathimerini.com.cy/en/comment/opinion/the-city-of-london-is-hiding-the-world-s-stolen-money
In 1969, two years after the Cayman Islands, a British territory, passed its first law to allow secretive offshore trusts, an official government report struck an ominous note....
https://knews.kathimerini.com.cy/en/business/thousands-of-property-assets-in-greece-are-up-for-auction
The Greek property market is about to welcome a host of new offerings as the companies that manage loans secured on properties either for banks or the funds that have acquired them are resuming online auctions in large numbers....
https://knews.kathimerini.com.cy/en/news/cypriot-minister-picks-tax-battle-on-twitter
Cypriot Finance Minister Constantinos Petrides lashed out at critics this weekend, saying his country was in favor of setting a global minimum tax for corporations despite not having signed on the dotted line...
https://knews.kathimerini.com.cy/en/life/outage-highlights-how-vital-facebook-has-become-worldwide
In Lima, Peru, the breakdown complicated dental technician Mary Mejia’s job. Like most Peruvian medical workers, she uses WhatsApp for a multitude of tasks, including scheduling appointments and ordering crowns....
https://knews.kathimerini.com.cy/en/business/ey-presents-the-17th-cfo-management-forum-and-the-cfo-awards-2021
EY has proudly sponsored the 17th CFO Management Forum and 5th CFO Awards, which were held on Tuesday, September 28th at the Nicosia Hilton....
https://knews.kathimerini.com.cy/en/business/ey-reports-global-revenues-of-us$40b-in-2021-and-outlines-record-us$10b-investment-plan-over-next-three-years
EY announces combined global revenues of US$40b for the financial year ended June 2021 (FY21), an increase of 7.3%, a solid result given the global economic impact caused by the COVID-19 pandemic. ...
https://knews.kathimerini.com.cy/en/business/global-ceo-confidence-returns-to-pre-pandemic-levels
CEOs of the world’s largest businesses are increasingly optimistic about the outlook for their own business and despite the Delta variant slowing down the ‘return to normal’, their confidence in the global economy has returned to levels not seen since the start of the pandemic....
https://knews.kathimerini.com.cy/en/business/ey-ceos-understand-transformation-cannot-be-put-off-following-covid-19-pandemic
More than two-thirds (68%) of CEO respondents from the world’s largest companies say that they plan to take on a major investment in data and technology over the next 12 months, while 61% plan to undertake a major transformation initiative over the same period, according to the global EY CEO Imperative Study 2021. ...
https://knews.kathimerini.com.cy/en/business/legal-departments-face-challenges-in-transformation-efforts
Legal departments across the globe are facing a mounting list of operational challenges as they look to transform in the wake of complex digital and regulatory change, according to the 2021 EY Law Survey, which was conducted in collaboration with the Harvard Law School Center on the Legal Profession...
https://knews.kathimerini.com.cy/en/news/family-businesses-in-europe-fared-better-in-response-to-covid-19
For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...
https://knews.kathimerini.com.cy/en/news/eu-ready-to-claw-back-stolen-funds
The European Public Prosecutor’s Office goes to work next week, after the Council gave the green light this week for the first supranational independent agency to begin investigating and prosecuting crimes against the EU budget...
https://knews.kathimerini.com.cy/en/business/threedium-sets-sights-on-us-market-a-cyprus-success-story-in-the-making
In April of 2017, five ambitious tech enthusiasts fresh out of university, of whom two were Cypriot, had a vision: to bridge the gap between online and in-store experiences by building a solution that would help customers better understand and evaluate the products they were browsing to buy...
https://knews.kathimerini.com.cy/en/business/ey-firepower-2021-life-sciences-m-a-falls-to-one-of-lowest-totals-since-2014
EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014, as biopharmas refocus on alliances and bolt-on deals...
https://knews.kathimerini.com.cy/en/business/2021-kpmg-ceo-outlook-pulse-survey
https://knews.kathimerini.com.cy/en/news/cyprus-keeps-carnival-spirit-alive-amid-covid-19
Carnival is usually the highlight of the year for Cyprus, when residents let loose in bizarre and colorful costumes, joyfully dancing and celebrating during the Mediterranean island nation’s biggest annual party scene....
https://knews.kathimerini.com.cy/en/news/the-cyprus-issue-today
Over the past 30 years, Turkey, and its friends in the society of nations, sought, and partially succeeded, in obscuring the importance of the Cyprus issue’s international dimension, that is the Turkish invasion and the illegal occupation of the island. The aim was to present the Cyprus issue as a one-dimensional, internal affair that exclusively concerns the relations and the rights of the two communities, Greek- and Turkish-Cypriots....
https://knews.kathimerini.com.cy/en/news/turkey-eyeing-cyprus-natural-resources
Ahead of the informal five-party conference on the Cyprus issue early next month, Turkish Foreign Minister Mevlut Cavusoglu stressed Tuesday that the most important issue is the way in which the island’s natural resources are shared, unveiling Ankara’s ultimate goals in the region....
https://knews.kathimerini.com.cy/en/news/policy-priorities-unaffected-by-pandemic-finmin-says
Despite the crisis of the Covid-19 pandemic Cyprus’ economic policies remain the same, targeting macroeconomic and financial stability, prudent fiscal policies, and establishing a competitive, business-friendly regulatory environment of high standards, Minister of Finance Constantinos Petrides said on Thursday....