https://knews.kathimerini.com.cy/en/news/byd-grabs-one-third-of-cyprus-ev-market-in-just-five-months
Cyprus’ shift to electric cars is picking up speed, with new data showing more drivers making the switch. ...
https://knews.kathimerini.com.cy/en/news/a-technological-milestone-for-porsche-as-the-cayenne-goes-electric
The Cayenne Electric marks the beginning of a new era for Porsche. As a fully electric SUV, it combines Porsche DNA with pioneering technology: up to 850 kW (1,156 PS), 0-100 km/h in 2.5 seconds and up to 400 kW charging power⁴ and up to 642 kilometres of range....
https://knews.kathimerini.com.cy/en/news/cyprus-prepares-new-€4-5m-electric-vehicle-subsidy-plan-to-boost-clean-driving
Cyprus is gearing up to launch a fresh plan to encourage the use of electric vehicles (EVs), with a €4.5 million budget aimed at helping drivers switch to cleaner transportation....
https://knews.kathimerini.com.cy/en/business/wolt-loans-nearly-€2-million-to-cypriot-small-and-medium-enterprises
Wolt, the platform connecting consumers, local businesses, and delivery partners, has lent nearly €2 million to small and medium-sized enterprises (SMEs) in Cyprus.
...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-scoops-11-awards-in-global-finance-s-2025-digital-bank-rankings
Bank of Cyprus wins 11 awards, including 2 regional awards, in Global Finance’s 2025 World’s Best Digital Bank Awards
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https://knews.kathimerini.com.cy/en/news/mercedes-sells-nissan-stake-as-japanese-carmaker-struggles-with-losses-and-job-cuts
Mercedes-Benz has cashed out of Nissan, selling its 3.8% stake for €279.6 million ($307 million), raising fresh questions about the Japanese automaker’s future....
https://knews.kathimerini.com.cy/en/business/porsche-hits-the-brakes-on-taycan-ev-sales-over-fire-risk
Porsche has temporarily pulled some of its Taycan electric cars from UK showrooms due to concerns about potential battery fires. The Taycan, a luxury EV that launched in 2019, has been hit with several recalls over the years, and now, safety worries are putting the brakes on sales again....
https://knews.kathimerini.com.cy/en/news/ai-adoption-could-boost-global-gdp-by-an-additional-15-percentage-points-by-2035-as-global-economy-is-reshaped-pwc-research
New research published today by PwC reveals that AI has the potential to boost global economic output by up to 15 percentage points over the next decade. ...
https://knews.kathimerini.com.cy/en/news/cyprus-u-s-relations-grows-under-biden-but-what-s-next-with-trump
In recent years, Cyprus and the United States have significantly strengthened their ties, with Joe Biden's administration taking bold steps to solidify the relationship....
https://knews.kathimerini.com.cy/en/news/china-s-electric-vehicle-sales-plummet-in-europe-amid-eu-tariffs
Chinese automakers are seeing a sharp decline in electric vehicle (EV) sales across Europe, with sales figures dropping to their lowest in the past 18 months. ...
https://knews.kathimerini.com.cy/en/news/greek-firms-fuel-business-expansion-across-cyprus
The investment climate in Cyprus has significantly improved since the crisis era of 2013, attracting substantial interest from Greek companies....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-celebrated-the-opening-of-its-3rd-store-in-paphos-and-21st-store-in-cyprus
In a major expansion of its retail network, Lidl Cyprus opened its newest store in the Neon Mall of Pafos on Wednesday 24 July, marking the 3rd Lidl store in a row in the Paphos district and the 21st in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/news/green-marketing-the-truth-behind-eco-friendly-claims
The deceptive practice of greenwashing, aimed at misleading consumers about the environmental qualities of products or services, is drawing increasing scrutiny....
https://knews.kathimerini.com.cy/en/news/apple-s-plan-for-smart-home-robots-unveiled
Apple is currently working on a venture into household robots, which might become the company's "next big thing" after the Vision Pro headset and having abandoned its decades-long effort to develop a self-driving electric automobile.
...
https://knews.kathimerini.com.cy/en/business/porsche-cyprus-elevates-auto-unveilings-with-panamera-reveal
Porsche Cyprus unveils the new Porsche Panamera....
https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation
International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks.
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https://knews.kathimerini.com.cy/en/business/apple-u-turns-on-evs-shifts-gears-to-focus-on-ai
Apple has reportedly halted its decade-long secretive project to develop electric vehicles (EVs), redirecting efforts towards its artificial intelligence (AI) division....
https://knews.kathimerini.com.cy/en/business/stellantis-group-shifts-gears-in-cyprus-hands-dealerships-to-cic-automasters
In a significant development for Stellantis Group's car dealerships in Cyprus, the renowned global car manufacturer is set to transfer operations to CIC Automasters Group. ...
https://knews.kathimerini.com.cy/en/news/greek-islands-open-up-for-turkish-travelers
Watching their faces and listening to the statements of Kyriakos Mitsotakis and Recep Tayyip Erdogan after their meeting on Thursday, one could ask what all the tension of the past few years was about....
https://knews.kathimerini.com.cy/en/news/erdogan-s-son-in-law-spotted-aboard-us-military-vessel
The son-in-law of the Turkish president and self-proclaimed entertainer, who comes from a family business but also made his own way, is a conservative supporter of Ottoman tradition and a pioneer.
...
https://knews.kathimerini.com.cy/en/news/tesla-model-x-resurrects-in-ukraine-after-totaling-in-the-u-s
A Tesla Model X totaled in the U.S. late last year suddenly came back online and started sending notifications to the phone of its former owner, CNBC Executive Editor Jay Yarow, months later....
https://knews.kathimerini.com.cy/en/business/retail-trade-soars-by-8-4-in-june
Retail trade turnover increased by 8.4% in value and 6.4% in volume in June 2023 compared to the corresponding month of 2022, according to data presented by the Statistical Service on Tuesday....
https://knews.kathimerini.com.cy/en/news/farewell-fiesta-a-legendary-journey-comes-to-an-electric-end
The production of the last Ford Fiesta at the Cologne plant on Friday marks the "end of an era" for a model that has been a best-seller in Europe for 47 years, selling millions of units....
https://knews.kathimerini.com.cy/en/news/illegal-construction-scandal-uncovered-in-akamas
The data collected and presented by "K" regarding the illegal construction interventions within the Akama Forest, a protected area designated as a white zone based on a plan from the 1980s, prove the tip of the iceberg. ...
https://knews.kathimerini.com.cy/en/news/f-35-approval-halted-until-after-vilnius
Washington’s concern over upsetting Turkey and jeopardizing Sweden’s NATO membership appears to have drawn the Greek F-35 issue into the mix, delaying the official congressional notification, Kathimerini understands, until after the Vilnius Summit in July...
https://knews.kathimerini.com.cy/en/business/porsche-cyprus-celebrates-the-grand-opening-of-the-new-corporate-architecture-concept-destination-porsche-in-limassol
It is the fourth Porsche Centre under the new retail ''Destination Porsche'' concept in the Central and Eastern Europe region and amongst first in the world. ...
https://knews.kathimerini.com.cy/en/business/the-controversial-e-kalathi-bill-house-and-stakeholders-remain-unconvinced
The e-kalathi bill fails to convince the House and stakeholders. Yesterday, the Commerce Committee of the House of Representatives held discussions on the matter, with Minister of Energy, Commerce, and Industry George Papanastasiou present....
https://knews.kathimerini.com.cy/en/business/bill-for-e-kalathi-product-price-comparison-app-submitted-for-cabinet-approval
The bill for the implementation of a digital tool that enables daily information on retail prices and product comparisons is ready for submission to the Cabinet....
https://knews.kathimerini.com.cy/en/news/why-evs-are-a-flop-in-cyprus-…-so-far
It's only a 150-kilometer drive across Cyprus; well below how far an average electric vehicle can drive on a single charge. Range anxiety — a major barrier in the shift to EVs — shouldn't be a thing....
