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1201. Two Americans win 2021 Nobel Prize in Medicine

The Americans David Julius and Ardem Pataputian were honored with the Nobel Prize in Medicine 2021....

1202. EU and US convene in first Trade and Tech meeting

The United States and the European Union hope to discuss chip shortages, artificial intelligence and tech competition issues during the first Trade and Tech Council meeting this week,...

1203. 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. ...

1204. No more apologies: Inside Facebook's push to defend its image

Mark Zuckerberg, Facebook’s chief executive, signed off last month on a new initiative code-named Project Amplify....

1205. AI should serve humanity

Covid-19 is the first real global health crisis in every respect in the history of humanity with more than 212 million people infected, close to 4.5 million deaths and with the issue of collateral damage having been discussed so extensively during this health crisis as if we were on the battlefield – yes, there is a war going on....

1206. Chasing immortality

"The only sure thing is death and taxes," Benjamin Franklin said 230 years ago. ...

1207. EUMED9 summit poised to tackle migration and climate crisis

Nine European countries on the Mediterranean are holding a summit in Athens Friday afternoon to discuss issues ranging from climate change to migration and Afghanistan....

1208. Cyprus’ spy van case too close to the bone

A police investigation in Cyprus has concluded there was no proof of illegal phone tapping in the spy van case, but prosecutors are still going after the main suspects on lesser charges despite reports of alleged contacts in the past with local officials...

1209. Johnson & Johnson Vaccine: Is a booster shot necessary?

The New York Times answers questions about J&J booster shots...

1210. Greece is more secure with Biden as president

US Senator Bob Menendez is one of Greece and Cyprus’ greatest supporters and he exerts considerable power and influence in the foreign policy arena....

1211. Vaccination of children-adolescents: Answers to commonly asked questions

Here are the most commonly asked questions and answers about the COVID-19 vaccine provided by the National Vaccination Committee....

1212. EY and IIF survey shows climate change top concern for banks

1213. University of Nicosia Advances to Top 601-800 Universities in the World

The latest edition of the Times Higher Education (THE) World University Rankings, released on 2 September 2021, reaffirms the University of Nicosia’s (UNIC) global standing, ranking it among the Top 601-800 universities in the world. Correspondingly, UNIC ranks among the Top 250 universities in the European Union....

1214. Cypriot experts on board with third dose

The Cypriot government will take a political decision this week on a proposal to start administering third COVID-19 vaccine doses ahead of the flu season in response to the Delta variant threat that emerged sooner than expected during the summer...

1215. Congress presses State on Turkey’s drone program

Twenty-eight members of the House of Representatives, led by Congressmen David Cicilline of Rhode Island and Gus Bilirakis of Florida, wrote to Secretary of State Antony Blinken to '[express] concern over Turkey’s UAV program, which has destabilized multiple regions of the globe and threatens US interests, allies, and partners'...

1216. Cypriot government toughens Safe Pass rules

The Cabinet announced on Friday that new pandemic rules will apply on Monday, including a greater number of shops out of reach for people without a Safe Pass and follow up rapid or PCR tests checks for foreign visitors who are not vaccinated...

1217. 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. ...

1218. Cyprus wants to cut red tape in fire response

Cypriot President Nicos Anastasiades has instructed officials to look for ways to cut red tape in the prevention and handling of fires, following a devastating blaze that killed four workers and exposed lack of coordination between state and local authorities...

1219. ECOMMBX and friends take immediate action to help wildfire victims

Without any second thoughts ECOMMBX, ECOMMPAY and other fintech/ IT/ Technology companies, members of Techisland community, cojoined forces to raise a total of €900.000 for immediate and short-term relief measures. ...

1220. President tells youth unvaccinated ain’t cool

Daily COVID cases rose to 314 on Monday in the Republic of Cyprus, with President Nicos Anastasiades calling vaccinations 'patriotic duty' and reminding the youth is not invulnerable...

1221. G7 agree on plan targeting tax heavens

The G7 reached a landmark deal on Saturday to pursue higher global tax rates on multinational businesses but the measures need broader support including an EU resolution, with retractors including Cyprus where Amazon recently registered a company...

1222. 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...

1223. 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...

1224. Cyprus adopts restrictions for AstraZeneca

The Republic of Cyprus is adopting age restrictions for the AstraZeneca vaccine, following a fatal blood clot incident and intense debate amongst health experts, with the decision coming just hours after the health minister had warned he would seek answers abroad if the advisory team failed to deliver a solid recommendation...

1225. EY: Liquidity-fueled IPO markets break records in Q1 2021

1226. 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...

1227. Larnaca seafront’s last oil tank gone

A video showing the removal of the last oil tank from Larnaca’s seafront was posted online Tuesday, revealing an unobstructed view of the ancient town’s blue waters after years of local and national efforts...

1228. Cyprus adds single shot Janssen to arsenal

A single-shot vaccine against the novel coronavirus will be available alongside other vaccination options in the Republic of Cyprus, after the EU drug regulator okayed Johnson & Johnson’s Covid-19 Janssen vaccine...

1229. Vaccine registration website crashes again

The state’s vaccine registration website crashed again Thursday morning just moments after it went live, raising questions over the online process despite reassurances that capacity problems had been fixed last week...

1230. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....