https://knews.kathimerini.com.cy/en/news/from-clear-skies-to-thunderous-showers
Starting off with Thursday, the day promises mostly clear skies. However, keep an eye out for afternoon clouds gathering over the mountains....
https://knews.kathimerini.com.cy/en/news/boc-reports-€349-million-in-profits-plans-employee-bonuses-for-2024
In a significant financial turnaround, Bank of Cyprus reported a notable profit of €349 million for the nine months ending September 30, 2023, marking a substantial improvement from the €19 million loss in the same period last year. ...
https://knews.kathimerini.com.cy/en/news/minister-unleashes-4-boost-for-retirees
In a significant move to enhance the well-being of pensioners, Labor and Social Insurance Minister Yiannis Panayiotou declared a nearly 4% increase in basic pensions for the upcoming year....
https://knews.kathimerini.com.cy/en/news/delta-offers-$4-000-for-flight-delays
Overbooked flights are becoming more and more commonplace as airlines look to maximize capacity and profits. And smart flyers who aren’t in a rush can capitalize on those crowds, sometimes in a big way....
https://knews.kathimerini.com.cy/en/news/greek-workers-toiling-longer-earning-less
Greeks work 41 hours a week, more than any other Europeans, but are paid less. Monthly salaries do not exceed 1,038 euros on average, according to the latest figures compiled by the Single Social Security Entity (EFKA), ...
https://knews.kathimerini.com.cy/en/news/taylor-swift-s-tour-spreads-goodwill-to-food-banks
Economists told CNN recently that Taylor Swift’s Eras Tour is becoming such a massive phenomenon that it’s having demonstrable impacts on the US economy at large, but it’s not only stadium venues, record labels, and ticket vendors benefiting....
https://knews.kathimerini.com.cy/en/news/lawsuit-against-twitter-for-$500m-severance-payment
Twitter allegedly refused to pay at least $500m in promised severance to thousands of employees who were laid off after Elon Musk acquired the company, a lawsuit filed on Wednesday claims....
https://knews.kathimerini.com.cy/en/news/conservatives-storm-to-victory-in-repeat-greek-election
Greece's conservative New Democracy party stormed to victory in a parliamentary election on Sunday with voters giving reformist Kyriakos Mitsotakis another four-year term as prime minister...
https://knews.kathimerini.com.cy/en/news/experts-wage-house-battle-for-married-parents
Immigration experts in the Republic of Cyprus are proposing a €50,000 house bonus for newlyweds, with an additional annual stipend for each child born in wedlock as well as legal avenues for adopting healthy foreign babies...
https://knews.kathimerini.com.cy/en/news/conservatives-in-greece-win-big
Prime Minister Kyriakos Mitsotakis, whose conservative party won a landslide election victory Sunday but without enough parliamentary seats to form a government, indicated he will seek a second election hoping to consolidate his victory without the need for a coalition partner...
https://knews.kathimerini.com.cy/en/news/state-dough-for-families-with-three-or-more-in-tow
Thousands of families receiving state benefits for having three or more children in the Republic of Cyprus are to expect an additional one-time wire transfer just in time for summer...
https://knews.kathimerini.com.cy/en/news/mansion-tax-introduced-to-help-homeless-californians
Some of the biggest names in Hollywood are rushing to sell their multi-million-dollar houses in Los Angeles before a new “mansion tax” kicks in on April 1....
https://knews.kathimerini.com.cy/en/business/companies-laying-off-employees-to-hire-new-ones-at-lower-salaries
Keri and other recruiters say that candidate offers are now much lower and look more like those from 2019 — before the pandemic kicked off the Great Resignation, before Big Tech went on a hiring spree, and before anyone had heard of "quiet quitting."...
https://knews.kathimerini.com.cy/en/comment/opinion/the-2023-investment-chessboard
Today's data is completely different from what it was a year ago in terms of investment....
https://knews.kathimerini.com.cy/en/news/cop-screams-at-wolt-drivers-during-protest-in-cyprus
Wolt drivers in the Republic of Cyprus carried on with demonstrations this week over working conditions and compensation, with one cop known as ‘Black Widow’ getting into a shouting match with food couriers who took to the streets of the capital...
https://knews.kathimerini.com.cy/en/news/the-2023-budget-in-the-vortex-of-the-elections
The government of President Anastasiades has just submitted its final budget, for 2023. DISY will undoubtedly support the budget, but it will be interesting to see what position it will take if and when the polls are confirmed....
https://knews.kathimerini.com.cy/en/news/apple-supplier-apologizes-offers-$1400-payout-to-quell-protests
Apple’s manufacturing partner Foxconn has offered payouts of Rmb10,000 ($1,400) to newly recruited staff who elect to leave the iPhone factory and vowed to honour pay agreements, in an attempt to quell unrest after workers violently clashed with police....
https://knews.kathimerini.com.cy/en/news/cyprus-tomorrow-plan-the-legacy-of-the-anastasiades-government
Cyprus President Nicos Anastasiades said he has a “clear conscience” as he delivered on his commitments concerning the creation of a “welfare state with no exclusions,”...
https://knews.kathimerini.com.cy/en/news/inside-jp-morgan-s-precious-metals-division-the-salaries-and-bonuses-of-the-golden-boys
The trial of the former head of precious metals at JP Morgan Chase, which has been in full swing since Friday, provides a sneak peek into the world of exchanges and the pay for its employees....
https://knews.kathimerini.com.cy/en/news/‘i-will-visit-athens-when-we-win-the-war-ukraine-s-president-tells-kathimerini
Volodymyr Zelenskyy looked worn, he was probably sleepless, but he spoke passionately in his signature husky, nasal voice, stopping often to take a sip of coffee from the cup next to him....
https://knews.kathimerini.com.cy/en/life/8-feel-good-stories-from-the-conflict-in-ukraine-that-will-inspire-and-give-you-hope-in-humanity
From charities and governments to celebrities and everyday people, millions are pitching in to ease the burden for fleeing or sheltering Ukrainians. In turn, they’re inspiring the world with their generosity and strength....
https://knews.kathimerini.com.cy/en/business/aegean-to-have-wi-fi-on-flights
From today, all AEGEAN passengers traveling on one of the already equipped AIRBUS neo aircraft will have the opportunity to browse the internet, manage their emails, access social media and messaging applications, as well as download video and audio content....
https://knews.kathimerini.com.cy/en/news/greek-labor-market-needs-skilled-workers
The local labor market will operate under new conditions in 2022, as the last couple of years has already seen the imposition of changes due to the pandemic....
https://knews.kathimerini.com.cy/en/news/cyprus-government-under-pressure-to-get-it-right
Tough measures amid a recent spike may be off the table for now in the Republic of Cyprus as a partial Cabinet meets to brainstorm on ways to boost vaccination, with a skeptical public remaining either unconvinced about the vaccine route or still in the dark over pandemic data...
https://knews.kathimerini.com.cy/en/news/coronavirus-icu-builders-turn-down-bonus
The contractors who built an Intensive Care Unit in less than a month at Nicosia General Hospital have returned their bonus check, offering the money as a donation to the state to buy ICU equipment...
https://knews.kathimerini.com.cy/en/business/corporate-social-responsibility-and-corporates-response-to-covid19
The long-term debate over CSR is concerned with whose interests should be attended to, shareholders or stakeholders, and this is actually the debate of the two competing theories over the purpose of the modern business firm...
https://knews.kathimerini.com.cy/en/news/stunning-drives-in-the-toyota-yaris-wrc
https://knews.kathimerini.com.cy/en/news/pensioner-suing-convicted-‘fixer-lawyer
A female pensioner, who was swindled out of 350 grand while seeking promotion in the civil service through a back-channel, is suing her former lawyer after he was sentenced to two years for defrauding her...
https://knews.kathimerini.com.cy/en/business/growth-momentum-moderates-in-cyprus-according-to-european-commission-autumn-economic-forecast
"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....
https://knews.kathimerini.com.cy/en/news/house-looks-at-state-salaries-for-clergy
State salaries for the clergy are back in the news as a House finance committee is looking for ways to amend an outdated agreement with the Church dating back to 1971...