https://knews.kathimerini.com.cy/en/business/black-friday-blues-as-hsbc-goes-down-on-biggest-sales-day-of-the-year
On Black Friday, thousands of HSBC customers in the UK reported difficulties accessing mobile banking services, causing disruptions for those seeking to make purchases amidst retailer discounts. Downdetector, a website tracking service, recorded over 4,100 complaints regarding the malfunctioning banking app....
https://knews.kathimerini.com.cy/en/news/south-korea-breaks-with-tradition-announcing-plans-to-ban-dog-meat-consumption
South Korea is set to ban eating dogs by 2027, according to the policy chief of the ruling People Power Party, Yu Eui-dong. At a meeting with government officials and animal rights activists, ...
https://knews.kathimerini.com.cy/en/news/serbia-s-deal-with-cyprus-strengthens-air-force
In a move to enhance its air force capabilities, Serbia has acquired eleven Russian-made Mi-35 military helicopters from Cyprus, solidifying its position as a key player in the regional military landscape....
https://knews.kathimerini.com.cy/en/business/investors-pull-$956m-from-binance-after-ceo-resigns-amid-legal-woes
In the aftermath of Binance CEO Changping Zhao's resignation and guilty plea, investors withdrew approximately $956 million from the cryptocurrency exchange within the last 24 hours. ...
https://knews.kathimerini.com.cy/en/news/australia-doesn-t-exist-according-to-bing
In a bizarre twist on Wednesday, Bing search results left some users questioning reality as the search engine boldly declared, "No," in response to queries about Australia's existence....
https://knews.kathimerini.com.cy/en/business/navigating-black-friday-discounts-vs-reality
Discounts of a few euros, or even cents, are being advertised by electronics and appliance companies in anticipation of Black Friday. However, market activity does not seem to meet the expected levels for the Black Friday period, and it is certainly considerably lower compared to the peak observed in 2018 and 2019....
https://knews.kathimerini.com.cy/en/news/police-intel-goes-solo-against-organized-crime
In a significant move, the Police Intelligence Service in Cyprus gains independence, breaking ties with the YKAN to focus on a broader spectrum of organized crime, including hooligans.
...
https://knews.kathimerini.com.cy/en/news/banks-eye-over-1-billion-euro-profits-in-2023
Cypriot banks, including the Greek bank, are poised to rake in substantial profits for 2023, benefitting from the European Central Bank's interest rate hikes....
https://knews.kathimerini.com.cy/en/business/binance-s-zhao-steps-down-as-ceo
In a significant development for the cryptocurrency world, Changpeng Zhao, better known as CZ, has announced his resignation as the chief executive officer of Binance....
https://knews.kathimerini.com.cy/en/comment/opinion/removing-stains-from-cyprus-one-scandal-at-a-time
So, the President's got a diverse bunch around him with all sorts of ideas and interests. ...
https://knews.kathimerini.com.cy/en/news/hellenic-bank-rakes-in-€240-7m-in-2023-s-first-9-months
Hellenic Bank announced on Tuesday a profit of €240.7 million for the first 9 months of 2023....
https://knews.kathimerini.com.cy/en/news/dipa-to-slash-red-light-ticket-costs
For what is provided in the bill submitted before the Transport Committee of the House of Representatives to adjust the prices of fines from the fixed cameras, spoke to 'K,' the MP of DIPA, Marinos Mousiuttas....
https://knews.kathimerini.com.cy/en/comment/opinion/controversial-billboards-stir-emotions
Take a drive along any Cypriot highway and you’re confronted with billboard images of Israeli women and children kidnapped by Hamas terrorists on 7 October. ...
https://knews.kathimerini.com.cy/en/news/navigating-gaza-cyprus-confidential-and-financial-turbulence
Discussions on the regional and global implications of the war in Gaza, on tighter anti-money laundering rules in light of the “Cyprus confidential” investigation but also on the lack of adequate legislative follow-up to Parliament’s inquiry into the use of spyware, are on the agenda of the European Parliament session taking place this week in Strasbourg....
https://knews.kathimerini.com.cy/en/news/pocket-drain-or-green-gain-denmark-s-tricky-tax-call
Airports Council International Europe has issued a cautionary note to the Danish Government, discouraging the introduction of a passenger tax averaging 100 Danish krone or $14 (€13.41) on air travel....
https://knews.kathimerini.com.cy/en/news/creditors-dispute-foreclosure-laws-and-strategic-defaults
Creditors reluctantly agree to extend the freeze on main residence foreclosures up to €350k, but tensions arise over proposed legislative changes....
https://knews.kathimerini.com.cy/en/news/house-plenary-votes-on-teleworking-bill-what-s-at-stake
In a decisive move, the House plenary convened this afternoon to cast their votes on a groundbreaking teleworking bill, aiming to establish a robust framework for regulating working conditions in the evolving landscape of remote employment....
https://knews.kathimerini.com.cy/en/news/cyprus-eyes-$1-22-billion-for-electric-cars
Cyprus is set to undergo a transformative phase with its revised Recovery and Resilience Plan, valued at $1.22 billion....
https://knews.kathimerini.com.cy/en/news/icij-shakes-up-european-parliament
The findings of the Cyprus Confidential investigation by the International Consortium of Investigative Journalists (ICIJ) will be discussed on Wednesday during the Plenary of the European Parliament which will be held in Strasbourg, in the presence of representatives of the Commission and the Council of the EU....
https://knews.kathimerini.com.cy/en/news/abramovich-tied-to-putin-s-wallets-in-cyprus-scandal
The fallout from the "Cyprus Confidential" probe implicating Cyprus in dealings with Russian oligarchs continues to send shockwaves. Leaked documents obtained by the BBC expose a money trail connecting oligarch Roman Abramovich to individuals referred to as President Vladimir Putin's 'wallets.'...
https://knews.kathimerini.com.cy/en/news/pwc-s-secret-dance-with-russian-oligarchs-revealed
Another episode is unfolding that stains Cyprus' name on a global scale. This time, it's not about the Naturalization Program or "golden passports" but centers on sanctions imposed on Russian oligarchs since Russia invaded Ukraine in February 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-confidential-unveils-scandalous-financial-ties
The ICIJ investigation reveals that PwC Cyprus collaborated with at least 12 Russians under Western sanctions, aiding in wealth transfer during Russia's annexation of Crimea and the Donbass war....
https://knews.kathimerini.com.cy/en/news/nations-unite-for-a-tobacco-free-tomorrow
There is a growing number of countries implementing measures to curb smoking, to eradicate the habit in future generations. Portugal, Canada, Australia, France, New Zealand, Mexico, and the UK are among those taking steps to create a smoke-free generation....
https://knews.kathimerini.com.cy/en/news/e-kalathi-s-game-changing-bill-on-the-house-floor
Before the House Trade Committee, the bill proposing the creation of the e-kalathi electronic platform was revisited, with no external attendees.
...
https://knews.kathimerini.com.cy/en/comment/opinion/an-eye-for-an-eye-and-the-elimination-of-terrorism
Since October 7, we've been witnessing the war between Israel and Hamas live, minute by minute, on our screens. Unfortunately, it's not a film....
https://knews.kathimerini.com.cy/en/news/young-paphos-resident-transforms-home-into-enchanted-spectacle
In a festive tradition reminiscent of a fairy tale, Christos, a dedicated young resident, has transformed his family home into a magical wonderland ahead of the Christmas celebration....
https://knews.kathimerini.com.cy/en/business/russian-tycoons-secure-bargains-as-multinationals-retreat
In the post-Ukraine war era, a unique trend is shaping Russia's business landscape. Big Western players like McDonald's, Ball Corp., and Henkel AG made a swift exit, leaving behind a $21 billion void. Enter a new generation of Russian business leaders, seizing opportunities amidst the multinational exodus....
https://knews.kathimerini.com.cy/en/news/financial-tsunami-looms-as-limassol-court-decision-sends-shockwaves-through-cyprus
In a potentially precedent-setting decision, the Limassol District Court has upheld its initial ruling in favor of a Russian depositor of the People's Bank, potentially exposing the state to financial implications of up to 2-3 billion euros....
https://knews.kathimerini.com.cy/en/news/photovoltaics-for-all-scheme-launches-€30m-fund
The public will be able to start submitting applications on January 2024 for a scheme to install photovoltaics, dubbed "Photovoltaics for All", with a budget of €30 million, which is expected to correspond to 6,000 applications....
https://knews.kathimerini.com.cy/en/news/ministries-unite-to-transform-halloumi-industry
There is a need for order, mainly regarding the conduct of inspections but also other issues related to the production and distribution of halloumi cheese, the Ministry of Commerce and the Ministry of Agriculture are trying, with George Papanastasiou and Petros Xenofontos agreeing that the management of all issues concerning the product, should be transferred to one and only ministry. And this was deemed necessary, since halloumi is now a protected designation of origin....
