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12° Nicosia,
16 June, 2024
 

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Displaying results 1-30 of 370 matches for query business finance.

1. Fitch upgrades Cyprus to 'BBB+'

https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-bbb

Fitch Ratings has upgraded Cyprus' Long-Term Foreign Currency Issuer Default Rating from 'BBB' to 'BBB+' with a positive outlook....

2. Keravnos continues to call on banks to slash interest rates

https://knews.kathimerini.com.cy/en/news/keravnos-continues-to-call-on-banks-to-slash-interest-rates

Finance Minister, Makis Keravnos, called on local banks to slash interest rates, emphasizing the urgency for change in the financial landscape. Keravnos's remarks come just before the European Central Bank's Governing Council convenes,...

3. Israeli settler defies US sanctions, gains community aid to access frozen funds

https://knews.kathimerini.com.cy/en/news/israeli-settler-defies-us-sanctions-gains-community-aid-to-access-frozen-funds

For weeks after being sanctioned by the United States, Yinon Levi struggled to pay the bills, living at his farming outpost atop a hill in the occupied West Bank. But the Israeli settler’s problems didn’t last....

4. Bankers rally for increased green financing despite longer payback periods

https://knews.kathimerini.com.cy/en/business/bankers-rally-for-increased-green-financing-despite-longer-payback-periods

According to a report by Panagiotis Rougalas, big players in the financial world are urging banks to step up for a greener future....

5. Banks stress need for government support in ESG initiatives

https://knews.kathimerini.com.cy/en/news/banks-stress-need-for-government-support-in-esg-initiatives

Banks are urging a combination of government and regulatory policies to achieve a healthy, effective, and optimal green transition in Cyprus....

6. Climate action

https://knews.kathimerini.com.cy/en/news/climate-action

Wopke Hoekstra has been the European Commissioner for Climate Action since 9 October 2023. Before assuming office in Brussels, he held various political positions in the Netherlands and worked in the private sector. ...

7. Banking sector's pledge to environmental transition

https://knews.kathimerini.com.cy/en/news/banking-sector-s-pledge-to-environmental-transition

Eliza has been the Executive Director of Finance since October 2019 and since October 2021 she has been an Executive Member of the Bank of Cyprus Board of Directors....

8. The Minister of Agriculture at the Green Agenda Cyprus Summit

https://knews.kathimerini.com.cy/en/news/the-minister-of-agriculture-at-the-green-agenda-cyprus-summit

Dr Maria Panayiotou studied History and Archeology at the University of Cyprus from where she graduated in 2004 with honors....

9. Study shows many Cypriots struggle with financial literacy

https://knews.kathimerini.com.cy/en/news/study-shows-many-cypriots-struggle-with-financial-literacy

A recent study by the Economics Research Centre at the University of Cyprus has brought to light issues regarding financial literacy in the country....

10. RIF launches summer internship bonanza with 61 elite companies

https://knews.kathimerini.com.cy/en/business/rif-launches-summer-internship-bonanza-with-61-elite-companies

Attention, thrill-seeking students! Get ready to embark on a journey of discovery with the Research and Innovation Foundation's (RIF) electrifying Summer Internship Programme. With 61 top-notch companies on board, this isn't your average internship – it's a ticket to innovation paradise!...

11. Porn star Stormy Daniels speaks out on Trump encounter in court

https://knews.kathimerini.com.cy/en/news/porn-star-stormy-daniels-speaks-out-on-trump-encounter-in-court

Porn star Stormy Daniels has described to jurors an awkward and unexpected sexual encounter she claims she had with Donald Trump in 2006....

12. Cyprus bolsters anti-money laundering arsenal

https://knews.kathimerini.com.cy/en/news/cyprus-bolsters-anti-money-laundering-arsenal

The Cyprus government has reaffirmed its steadfast dedication to upholding international standards in combating money laundering and terrorism financing, as outlined in a press release by the Presidency of the Republic....

13. New CEO for Cablenet Communication Systems plc in Cyprus

https://knews.kathimerini.com.cy/en/business/new-ceo-for-cablenet-communication-systems-plc-in-cyprus

Ioannis Mavridis, a seasoned executive with over 20 years’ international experience in the banking and telecoms industries, will be assuming the role of CEO......

14. Hellenic set to acquire CNP in multimillion-Euro deal

https://knews.kathimerini.com.cy/en/business/hellenic-set-to-acquire-cnp-in-multimillion-euro-deal

Everything appears to be proceeding smoothly, and it seems that CNP Cyprus will soon be under the ownership of Hellenic Bank....

15. President advocates for innovation centers to pursue commercialization and self-financing

https://knews.kathimerini.com.cy/en/news/president-advocates-for-innovation-centers-to-pursue-commercialization-and-self-financing

Centres of Excellence should pursue commercialisation aiming at self-financing, the President of the Republic, Nikos Christodoulides said at the inauguration......

16. 4 million euros to foster Turkish Cypriot business integration

https://knews.kathimerini.com.cy/en/news/4-million-euros-to-foster-turkish-cypriot-business-integration

The European Commission, in partnership with GIZ International Services, has initiated a two-year project aimed at bolstering private sector development within the Turkish Cypriot community and enhancing Green Line trade,...

17. Middle East conflict fuels fear of $100 per barrel

https://knews.kathimerini.com.cy/en/news/middle-east-conflict-fuels-fear-of-$100-per-barrel

The recent Iranian attack on Israel serves as a stark reminder of the ever-shifting geopolitical dynamics in the Middle East, with potential ramifications extending......

18. AstroBank's record-breaking year: €30.4M in profits for 2023

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....

19. Finance Ministry urges applicants for 2013 haircut compensation

https://knews.kathimerini.com.cy/en/news/finance-ministry-urges-applicants-for-2013-haircut-compensation

The Cyprus Finance Ministry is calling on all individuals and entities affected by the 2013 Cyprus bailout to submit their electronic applications for participation in the "Replenishment Scheme of the National Solidarity Fund."...

20. President Christodoulides hails financial progress with new CBC Governor

https://knews.kathimerini.com.cy/en/news/president-christodoulides-hails-financial-progress-with-new-cbc-governor

The appointment ceremony for the new governor of the Central Bank of Cyprus, Mr. Christodoulos Patsalides, occurred this morning at the Presidential Palace, with the President of the Republic, Mr. Nikos Christodoulides, in attendance....

21. Authorities stumped on declared cash

https://knews.kathimerini.com.cy/en/news/authorities-stumped-on-declared-cash

The question of the whereabouts of over 90 million euros in cash allegedly spent by travelers arriving in Cyprus through Larnaca and Paphos airports in the last 15 months remains unanswered by competent state authorities....

22. Lawyers challenge money laundering watchdog in Cyprus

https://knews.kathimerini.com.cy/en/business/lawyers-challenge-money-laundering-watchdog-in-cyprus

Establishing a system to oversee financial companies in Cyprus is proving tricky, according to an article written by Apostolos Tomaras. It all started when the US and UK slapped sanctions on Russia,...

23. Employers call for tax reform to spur economic growth

https://knews.kathimerini.com.cy/en/business/employers-call-for-tax-reform-to-spur-economic-growth

Employers are advocating for a comprehensive overhaul of the tax system, proposing significant changes aimed at boosting economic activity and competitiveness. Here's a breakdown of their proposals:...

24. Finance Ministry to shield vulnerable homes from price hikes

https://knews.kathimerini.com.cy/en/news/finance-ministry-to-shield-vulnerable-homes-from-price-hikes

The forthcoming measures are set to target specific areas, not just spread thinly across the board, in the fight against rising prices....

25. Government mulls support extension amidst rising costs

https://knews.kathimerini.com.cy/en/news/government-mulls-support-extension-amidst-rising-costs

The Council of Ministers convenes on Thursday for an extraordinary session to approve a new package of targeted measures to alleviate pressures from price hikes....

26. European Commission flags trade risks for Cyprus economy

https://knews.kathimerini.com.cy/en/news/european-commission-flags-trade-risks-for-cyprus-economy

The Cypriot economy is on a sound footing due to solid economic growth and declining inflation, but its high integration with EU and non-EU economies make geopolitical and trade tensions......

27. Cyprus ends fuel tax break, prices set to spike from April 1st

https://knews.kathimerini.com.cy/en/news/cyprus-ends-fuel-tax-break-prices-set-to-spike-from-april-1st

Starting April 1st, the reduced consumption tax on fuels (95-octane gasoline and diesel) will come to an end, reverting to 8.3 cents per liter for gasoline and 6.3 cents per liter for heating oil....

28. Greek and Cypriot banks forge partnerships for regional infrastructure projects

https://knews.kathimerini.com.cy/en/business/greek-and-cypriot-banks-forge-partnerships-for-regional-infrastructure-projects

The Cypriot banking sector is poised to support significant projects with regional geopolitical implications....

29. Cyprus entities hit by U.S. sanctions for alleged Al-Shabaab support

https://knews.kathimerini.com.cy/en/business/cyprus-entities-hit-by-u-s-sanctions-for-alleged-al-shabaab-support

The U.S. Treasury Department has announced sanctions on a transnational network involving entities and individuals from the Horn of Africa, the United Arab Emirates, and Cyprus for their role in facilitating the financing of the terrorist organization Al-Shabaab....

30. XM invests in ARIS for future entrepreneurs

https://knews.kathimerini.com.cy/en/business/xm-invests-in-aris-for-future-entrepreneurs

XM, an international company that has established itself as a leader in the investment industry in forex, CFD in shares, metals and more, actively supports education and skills development initiatives through its sponsorship of ARIS (A Really Inspiring Space)....

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