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901. FTX's European operations suspended indefinitely

The company is taking a wait-and-see approach until further notice in order to deal with FTX International and the more than $8 billion hole it has created...

902. Man wanted for 760m euros worth of fraud arrested at Larnaca airport

On Sunday night, a 49-year-old man who is wanted by Chinese authorities on an international warrant in connection with a fraud case was apprehended at Larnaca airport....

903. President defers foreclosure mess to attorney general

Cypriot President Nicos Anastasiades has refused to veto legislation that suspends foreclosures yet again until February 2023, essentially calling on the attorney general to examine the constitutionality of the bill as the issue on the presidential election campaign trail continues to heat up...

904. Cyprus regulator to suspend FTX's license

FTX's European Union license in Cyprus could be suspended in yet another blow to Sam Bankman-Fried's crypto exchange, according to Bloomberg....

905. Finance Minister calls for the repeal of foreclosure suspension

The Ministry of Finance proposes delaying the law on divestiture suspension. ...

906. Slower economic growth expected towards end of year

The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn 2022 Economic Forecast which was presented on Friday by Commissioner for the Economy Paolo Gentiloni....

907. Twitter: Musk warns of the possibility of bankruptcy

908. Zuckerberg says 'sorry' as Meta lays off 1,000 employees

Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history....

909. Looking for a strategy to suspend foreclosure sales

To protect vulnerable borrowers and stop the economy from being impacted by decisions that could harm its integrity, a strategy for the new potential three-month suspension of foreclosure sales is being sought. ...

910. Health Minister: Over 200 million euros spent to tackle Covid pandemic

Health Minister, Michalis Hadjipantela, said on Monday that more than 200 million euros have been spent since 2020 to tackle the COVID-19 pandemic....

911. Deep political divide in the US as midterm elections loom

In a stark closing argument ahead of the U.S. midterm elections, President Joe Biden on Monday warned that a Republican victory could weaken the country's democratic institutions, while former President Donald Trump hinted he could announce another White House bid as soon as next week....

912. 'Cyprus Tomorrow': A plan made by Cypriots for Cypriots

The importance of the "Cyprus - Tomorrow" National Plan was highlighted by Government Spokesperson and Cabinet Ministers, who attended a special promotional event in Nicosia on Saturday....

913. 13 billion bcm of natural gas discovered off Israel's shore

Energean PLC has announced a new commercial natural gas discovery of 13 billion cubic meters off the shore of Israel as a result of its exploratory drilling of the well dubbed Zeus-1. It has also confirmed the presence of an additional 3.75 bcm at its Athena site....

914. Cyprus' natural gas could be key to 'unlocking' the Cyprus problem

The three candidates for the Presidency of the Republic, Averof Neofytou, Andreas Mavroyiannis and Nikos Christodoulides, outlined their positions at an event on the delimitation of maritime zones in the Eastern Mediterranean",...

915. Backlog in court cases will be alleviated in 4 to 5 years

In a period of four to five years and with the implementation of the reform bills passed by the Parliament, the problem of the backlog of cases pending before the Courts will be solved to a significant extent, Supreme Court President, Antonis Liatsos and President of the House of Representatives, Annita Demetriou have said....

916. Why inequality is growing in the US and around the world

U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022....

917. Layoffs begin at Twitter as offices temporarily close

Twitter Inc temporarily closed its offices on Friday after telling employees they will be informed by email later in the day whether they are being laid off....

918. Health Ministry: Newly arrived migrants in Cyprus are fully screened

The Ministry of Health is conducting all necessary examinations on newly arrived immigrants in the country, according to Health Minister Michael Hadjipantelas....

919. Elon Musk refused to budge on Twitter's $8 blue tick fee

Elon Musk has doubled down on Twitter's proposed new $8-per-month fee for users who want to keep their blue verified checkmark. ...

920. Shanghai Disney visitors trapped after lockdown

Shanghai Disney has become the latest high-profile venue to shut its gates thanks to China's strict zero-Covid policy, trapping visitors inside....

921. 9.5 million mobile phones tapped in Cyprus according to AKEL

AKEL has made serious allegations regarding the interception of mobile communications in Cyprus. During the presence of the PEGA Committee members in Parliament, ...

922. Celebrities are leaving Twitter in droves thanks to Elon Musk's takeover

Elon Musk's acquisition of Twitter has some in Hollywood heading for the exit....

923. Eurostat: Electricity prices up by 32% in Cyprus

In the first half of 2022, average household electricity prices in the European Union increased sharply compared with the same period in 2021, from 22.0 euros per 100 kWh to 25.3 euros per 100 kWh, according to data released by Eurostat, the statistical service of the EU....

924. 1.6 billion Euros in revenue in the first eight months

The tourism income for the period January-August has so far been calculated at €1,617.1 million....

925. Household debt in Cyprus was 81% of GDP in June

Household debt stood at EUR 20.1 billion at the end of June 2022, with the relevant debt ratio standing at 81% of GDP, a slight decrease compared to the previous quarter due to GDP growth....

926. The most misspelled words in the world. Cyprus residents struggle to spell 'minuscule'

There are more than 171,000 words in the English language, so it’s only natural that we might misspell a few of them every once in a while....

927. New Twitter owner Elon Musk fires top execs

Elon Musk became Twitter Inc's owner on Thursday, firing top executives and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform...

928. Cyprus has come a long way in restoring reputation over anti-money laundering issues

The Republic of Cyprus has come a long way in dealing with anti-corruption and Anti-money laundering (AML) issues, making important strides in restoring the Republic of Cyprus’ reputation, said US Ambassador to Cyprus, Judith Garber speaking on Tuesday at EY’s Cyprus Attractiveness Forum....

929. When a vacation is less expensive than staying at home

Can a vacation be less expensive than staying at home? That is exactly what EasyJet told British citizens, and the vacation package it offered for a trip to Egypt sold out in less than 24 hours....

930. Bank deposits climb to a nine-year high

Deposits in the Cypriot banking system climbed to a nine-year high in September, while total loans continued their downward path, declining in a five-month low, boosting liquidity in the system to over €23 billion....