https://knews.kathimerini.com.cy/en/business/companies-grapple-with-soaring-fines-amidst-regulatory-confusion
There's a significant issue with hefty fines hitting companies hard – we're talking about a daily hit of €100. The crux of the matter lies in a bureaucratic mix-up regarding the accurate records of company ownership, managed by the Company Registrar....
https://knews.kathimerini.com.cy/en/news/missiles-filled-with-water-spark-corruption-scandal
China's army fielded missiles filled with water instead of fuel and arrays of silos with improper lids — examples of military corruption that led to a dramatic purge of top officials, Bloomberg reported, citing US intelligence....
https://knews.kathimerini.com.cy/en/news/a-government-on-fragile-ground
In May 2022, Nikos Christodoulides announced his candidacy for the Presidency of the Republic, only to be overshadowed by the revelation of a partially plagiarized speech from Ioannis Kasoulides during the 2008 presidential election....
https://knews.kathimerini.com.cy/en/news/guinness-recognizes-oldest-person-to-conquer-grand-canyon-on-foot
In a testament to the adage that age is just a number, 92-year-old Alfredo Aliaga Burdio has etched his name into the annals of adventure by becoming the oldest person to conquer the Grand Canyon rim-to-rim on foot....
https://knews.kathimerini.com.cy/en/news/mount-athos-monasteries-oppose-u-s-archbishop-s-visit
In a formal letter addressed to Ecumenical Patriarch Bartholomew, all the monasteries of Mount Athos expressed their opposition to a planned visit by Archbishop Elpidophoros of America during the third ten days of January....
https://knews.kathimerini.com.cy/en/news/assistant-attorney-general-faces-scrutiny-amid-corruption-probe
In a recent development, the Independent Anti-Corruption Authority has publicly disclosed the results of an exhaustive investigation into allegations surrounding Assistant Attorney General Savvas Angelides....
https://knews.kathimerini.com.cy/en/business/cypriot-brokerage-firm-probed-for-money-laundering
French and American authorities have launched an investigation into a Cypriot brokerage firm, TCR International Limited, in conjunction with a branch of BNP Paribas, following suspicions of ''aggravated money laundering.''...
https://knews.kathimerini.com.cy/en/news/india-deploys-warships-amid-rising-tensions-in-the-red-sea-region
India is intensifying its involvement in the chain of events stemming from the conflict in Gaza to Houthi attacks on merchant ships near Yemen by dispatching its warships to the Red Sea....
https://knews.kathimerini.com.cy/en/news/minister-upset-as-staff-gaps-widen
In its 2023 Employment and Social Developments in Europe (ESDE) report, the European Commission identifies major shortages in construction, healthcare, science, technology, and STEM (Science, Technology, Engineering, and Mathematics) occupations, spanning high, medium, and low-skilled roles...
https://knews.kathimerini.com.cy/en/news/eu-s-schinas-criticizes-veto-use-stresses-need-for-compromise
European Commission Vice President Margaritis Schinas voiced concerns about the use of the veto as a primary defense tactic, stating that it hinders compromise rather than facilitating it....
https://knews.kathimerini.com.cy/en/news/how-cyprus-and-chevron-found-common-ground
The resolution of the dispute between the Republic of Cyprus and Chevron Cyprus Limited, the operator of the Aphrodite field, appears largely satisfactory to both parties....
https://knews.kathimerini.com.cy/en/news/cattle-farm-slapped-with-€11-000-fine-over-injury
In a recent development, the I & C Hadjiyiannakou (Farms) Ltd, engaged in cattle farming, faces a €11,000 fine imposed by the Larnaca District Court....
https://knews.kathimerini.com.cy/en/news/postal-workers-strike-over-burnout-and-job-insecurity
In a decisive move, 300 members of the Branch Council of Postal Distributors, part of the Pancyprian union "Equality," launched a strike today, set to last until Friday....
https://knews.kathimerini.com.cy/en/news/how-locals-can-mitigate-the-risks-of-cyprus-new-citizenship-rules-to-attract-tech-talent
Cyprus's recent initiative to boost its technology sector by offering tax breaks and fast-track naturalization to third-party nationals is a strategic move that could significantly reshape its economy and society....
https://knews.kathimerini.com.cy/en/business/france-and-us-ink-deal-for-extended-four-year-visas
In a bid to strengthen economic ties and encourage cross-border business activities, France and the United States have recently inked a groundbreaking agreement allowing French citizens an extended four-year US visa. ...
https://knews.kathimerini.com.cy/en/news/open-university-of-cyprus-fined-€45-000-for-data-breach
The Open University of Cyprus has incurred a €45,000 fine from Commissioner for Personal Data Protection, Irini Loizidou, in connection with a cyber-attack that transpired in March....
https://knews.kathimerini.com.cy/en/business/ai-sam-altman
Upon his return to OpenAI following a five-day exile, the controversy surrounding Sam Altman's removal appeared to stem from concerns related to a potential breakthrough in OpenAI's pursuit of artificial general intelligence....
https://knews.kathimerini.com.cy/en/news/disturbance-on-london-cyprus-flight-leads-to-passenger-s-arrest
A video capturing the arrest of a passenger on a flight from London to Larnaca has gone viral, showcasing a disruptive incident that unfolded upon the plane's arrival at Larnaca airport....
https://knews.kathimerini.com.cy/en/news/arrest-made-in-22-year-old-linked-to-limassol-riots
Last Wednesday night in Limassol, clashes erupted between Apollon and Homonia 29 May fans. New videos are surfacing, shedding light on the chaos that unfolded around 23:00....
https://knews.kathimerini.com.cy/en/business/championing-consumer-rights-in-the-digital-era
A Consumer Dialogue event titled "New Consumer Agenda - Challenges ahead" took place at the EU House in Nicosia, addressing critical aspects of consumer protection, consumer rights and obligations in an era marked by the challenges of digitalization and the green transition....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-and-hellenic-bank-upgraded-by-fitch
Fitch Ratings has delivered significant upgrades to the two largest Cypriot banks, Bank of Cyprus and Hellenic Bank, signaling a positive turn in Cyprus's economic landscape and a bright outlook for both financial institutions....
https://knews.kathimerini.com.cy/en/news/will-czech-republic-embrace-the-euro
Despite being part of the European Union for nearly two decades, the Czech Republic remains staunchly opposed to adopting the euro as its official currency. ...
https://knews.kathimerini.com.cy/en/business/1-cablenet-fined-€6-000-for-workplace-safety-violations-leading-to-fatal-injury
In a significant legal ruling, the Larnaca District Court has issued a fine of €6,000 to CABLENET COMMUNICATION SYSTEMS LTD for multiple violations of safety and health regulations. ...
https://knews.kathimerini.com.cy/en/news/the-toxic-side-of-cyprus-mushroom-gathering
Mushroom enthusiasts in the mountainous regions of Cyprus have been treated to a bountiful mushroom-picking season thanks to the satisfactory rains of October....
https://knews.kathimerini.com.cy/en/news/minister-reveals-startling-quadrupling-of-cocaine-users-in-two-decades
The Minister of Justice and Public Order, Anna Koukkides Procopiou, revealed a significant rise in cocaine use in Cyprus, with the number of users estimated to have quadrupled in the past two decades....
https://knews.kathimerini.com.cy/en/news/government-s-fuel-tax-reduction-faces-24-hour-delay
The government's plan to reduce the consumption tax on fuel is encountering a significant delay, postponing the expected relief for consumers....
https://knews.kathimerini.com.cy/en/life/dhiraj-mukherjee-from-shazam-success-to-paying-it-forward
In this insightful interview, Dhiraj Mukherjee, the co-creator of Shazam, shares his experiences and philosophy on shaping the future. Notably, after the remarkable success of Shazam, which he co-founded and later sold to Apple for a substantial sum of around 400 million, Dhiraj has been actively paying it forward....
https://knews.kathimerini.com.cy/en/business/fees-for-pame-express-service-to-be-decided-in-2024
Decisions regarding potential charges for the Pame Express service will be made in February 2024 by the Department for Transport, Communications, and Works....
https://knews.kathimerini.com.cy/en/news/eu-unveils-east-med-action-plan-to-stem-migration-flows
The European Commission has unveiled an EU Action Plan for the Eastern Mediterranean in anticipation of the forthcoming meetings, including the Justice and Home Affairs Council scheduled for October 19 and the European Council on October 26-27....
https://knews.kathimerini.com.cy/en/news/tax-audits-expose-unexplained-remittances
Remittances abroad that are not justified by incomes declared in tax statements, problematic parental concessions or donations to children with sums of money directly “from the mattress,” and undeclared earnings were detected by the tax inspection centers in the audits they carried out in the first seven months of the year.
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