https://knews.kathimerini.com.cy/en/business/netflix-shares-lose
Netflix dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20 percent and wiping away most of its remaining pandemic-fueled gains from 2020, just a week after raising prices by up to $2 a month....
https://knews.kathimerini.com.cy/en/business/revenue-from-tourism-reached-pre-covid-levels-in-october-2021
Revenue from tourism reached pre-COVID levels in October 2021 amounting to €310.2 million compared to just €77.4 million in October 2020 and €299.4 million in October 2019....
https://knews.kathimerini.com.cy/en/business/npls-in-cyprus-decrease-€722-million-at-the-end-of-september
Α decrease of €722 million or 14.4% was recorded at the end of September 2021 in aggregate Non-Performing Loans (NPLs) compared with the end of June 2021, according to data released Friday by the Central Banks of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-grew-by-5-7-in-2021-according-to-eurostat
The continued high rate of growth in the fourth quarter of 2021 confirms the resilience and dynamism showed by the Cypriot economy and the soundness of our policies, boosting expectations for further growth in 2022, Finance Minister Constantinos Petrides said on Tuesday....
https://knews.kathimerini.com.cy/en/business/cypriot-economy-will-continue-to-recover-output-lost-during-2020
The Cypriot economy in 2021 recovered the output lost during the 2020 COVID crisis and will continue to grow with an average 3.7% in the years 2022 – 2024, the Central Bank of Cyprus expects, according to its economic bulletin, stressing that risks to the baseline scenario are balanced albeit slightly upside concerning inflation....
https://knews.kathimerini.com.cy/en/business/blackberry-end-of-an-era-as-company-pulls-plug-on-iconic-handsets
BlackBerry phones - once the pinnacle of a mobile handset with their trademark physical keyboard - are effectively dead from today as the Canadian company behind them pulls its support....
https://knews.kathimerini.com.cy/en/news/usa-serial-killer-disclosed-murders-in-a-series-of-novels
The man who killed five people before being shot dead by police in Colorado on Monday had announced the crimes and named some of his victims in a series of science fiction novels he wrote, according to police and US media....
https://knews.kathimerini.com.cy/en/business/reflections-on-20-years-of-the-euro
Twenty years ago on Saturday, around 300 million Europeans held a brand-new currency in their hands, the euro....
https://knews.kathimerini.com.cy/en/news/a-time-to-heal-the-events-that-defined-2021
Did you know that one of the most Googled subjects around the world this year was ‘how to heal’? ...
https://knews.kathimerini.com.cy/en/news/ghislaine-maxwell-convicted-in-epstein-sex-abuse-case
The British socialite Ghislaine Maxwell was convicted Wednesday of luring teenage girls to be sexually abused by the American millionaire Jeffrey Epstein....
https://knews.kathimerini.com.cy/en/news/increase-in-deposits-decrease-in-loans
Deposits in November in Cyprus have increased while loans decreased, according to statistics released on Wednesday by the Central Bank....
https://knews.kathimerini.com.cy/en/life/feeding-your-dogs-insects-can-help-fight-climate-change
Many pet owners reflexively bark “No!” when their dog or cat prepares to feast on a bug. But despite what scientists call the “yuck factor,” insects could be a sustainable secret ingredient for the booming pet food industry....
https://knews.kathimerini.com.cy/en/business/loan-restructurings-in-the-cyprus-reached-almost-€2-billion-due-to-covid
Loan restructurings in the Cypriot banking system edged close to €2 billion in the first ten months of 2021, marking the highest figure according to Central Bank of Cyprus (CBC) records which began in end-2014....
https://knews.kathimerini.com.cy/en/business/elon-musk-pokes-fun-at-the-metaverse
Elon Musk has made it clear to metaverse fans he has no time for the idea of virtual worlds and living life as an avatar....
https://knews.kathimerini.com.cy/en/news/commission-approves-560-million-for-refugees-in-turkey
The European Commission on Tuesday published two financing decisions, worth 560 million euros, to support inclusive quality education initiatives, including access to higher education through scholarships, for refugees in Turkey as well as for border protection....
https://knews.kathimerini.com.cy/en/news/dubai-ruler-must-pay-ex-wife-$700m-in-divorce-settlement
A British court on Tuesday ordered the ruler of Dubai to pay his ex-wife and their children close to 550 million pounds ($730 million), in one of the most expensive divorce settlements in British history....
https://knews.kathimerini.com.cy/en/news/turkish-lira-whiplashes-after-erdogan-moves-to-protect-savings
Turkey's lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against such swings....
https://knews.kathimerini.com.cy/en/news/food-running-out-as-survivors-grapple-for-supplies-in-philippines
Philippine officials and residents of areas that bore the brunt of Typhoon Rai pleaded for food, water, and shelter on Tuesday as damaged roads, flooding, and severed power and communication lines hampered relief efforts....
https://knews.kathimerini.com.cy/en/news/legal-doubts-still-loom-over-traffic-cameras
After data obtained about violators of traffic cameras in the Republic of Cyprus had to be deleted due to legal questions, the pilot phase of the operation was set to resume Monday but last only ten days as fines begin lawfully January 1, unless more issues emerge...
https://knews.kathimerini.com.cy/en/news/turkish-ship-oruc-reis-to-continue-hydrocarbon-exploration
The Antalya station issued a navigational telex (Navtex) late Thursday announcing that the Turkish ship Oruc Reis will continue its seismic exploration mission in the sea area between southern Turkey and the Turkish-occupied north of Cyprus through January 31....
https://knews.kathimerini.com.cy/en/news/malta-legalizes-recreational-marijuana
Malta became the first European country to allow limited cultivation and possession of cannabis for personal use, following a vote in parliament on Tuesday...
https://knews.kathimerini.com.cy/en/news/athens-looking-to-buy-15-naval-ships-by-2026
At a time when Greece is being pressured on different fronts, the country is now pursuing a comprehensive strategy of deepening and expanding its diplomatic imprint in the wider region...
https://knews.kathimerini.com.cy/en/news/elon-musk-named-time-magazine-s-2021-person-of-the-year
Elon Musk has been named Time magazine's 2021 Person of the Year. ...
https://knews.kathimerini.com.cy/en/business/the-age-of-avatar-meetings-is-just-around-the-corner-video
Video meetings could look very different in the near future, according to Microsoft co-founder Bill Gates....
https://knews.kathimerini.com.cy/en/news/cyprus-to-proceed-with-a-tax-reform-in-2022
Cyprus will proceed with a tax reform next year, including the increase of corporate income tax and the introduction of green taxation with a view to achieving its environmental targets, Finance Minister Constantinos Petrides has said....
https://knews.kathimerini.com.cy/en/news/47-stolen-antiquities-from-steinhardt-collection-returning-to-greece
Forty-seven illegally trafficked Greek artifacts, among the dozens surrendered by American hedge-fund billionaire Michael Steinhardt under a deal with US authorities, will be returned to Greece in the coming days, the Culture Ministry announced Thursday....
https://knews.kathimerini.com.cy/en/business/mammoth-1-3-billion-euro-fine-to-amazon
Italy's antitrust watchdog said on Thursday it had fined Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance, in one of the biggest penalties imposed on a U.S. tech giant in Europe....
https://knews.kathimerini.com.cy/en/news/netflix-presenter-locked-up-in-nicosia
Wrongfully convicted Raphael Rowe, the presenter in NETFLIX series ‘Inside the World’s Toughest Prisons’ has made it to Cyprus, where he is to be locked up for a week in Nicosia Central Prisons without a trial...
https://knews.kathimerini.com.cy/en/news/usa-fund-manager-to-turn-over-$70-million-in-stolen-antiquities
Billionaire hedge fund manager Michael Steinhardt has agreed to turn over $70 million worth of stolen antiquities and will be subject to an unprecedented lifetime ban on acquiring antiquities, the Manhattan district attorney announced Monday....
https://knews.kathimerini.com.cy/en/business/as-millions-fell-into-poverty-during-the-pandemic-billionaires-wealth-soared
The coronavirus pandemic has worsened the massive financial gap between rich and poor around the world, a new report has found....