Search

2671. Johnson demands October 15 election after defeat over Brexit

British Prime Minister Boris Johnson on Wednesday demanded an Oct. 15 snap election after lawmakers seeking to prevent a no-deal Brexit dealt him a humiliating defeat in parliament which he cast as an attempt to surrender to the European Union...

2672. South arrests murder suspect wanted north

The alleged mastermind behind the murder of a Turkish Cypriot businessman in the north was reportedly injured in the south while trying to evade arrest by Greek Cypriot police...

2673. South hands over another suspect to north

Another murder suspect wanted in the north in the murder of a Nicosia businessman has been handed over to Turkish Cypriot authorities, as anti-crime cooperation between the two communities continues...

2674. Online madam in north jailed in the UK

A British woman who was arrested in the north last year for abusing children in an online porn business, has been sentenced to twelve years and four months in the UK...

2675. Waters’ summer mission reaches Cyprus

California Congresswoman Maxine Waters is on summer recess trip to Europe with a US special delegation on a mission meeting with officials in Switzerland and Cyprus...

2676. Scope rates Cyprus with BBB-

Scope Ratings affirmed last week the Republic of Cyprus’ BBB- long-term issuer and senior unsecured local- and foreign-currency ratings, along with a short-term issuer rating of S-2 in both local and foreign currency, noting that all outlooks are stable...

2677. Rhetoric cranked up over Laundromat story

The Presidential Palace is fighting back against criticism over claims that President Anastasiades’ law firm was involved in a network of shell companies that laundered billions out of Russia...

2678. Tourism staggers but officials still hope

Deputy Minister for Tourism Savvas Perdios says 2019 is a difficult year for tourism but there is no need for panic as positive developments may be expected in the coming weeks...

2679. South hands over murder suspect to north

Another murder suspect is in police custody in the north in connection with the murder of a Turkish Cypriot businessman, after Greek Cypriot police handed Azmad Ali Virk over to UN officials...

2680. EY: The sale of the three subsidiaries of Cyprus Popular Bank has been completed

2681. British Airways flights disrupted by IT failures

Problems with British Airways’ IT systems left thousands of passengers facing flight cancellations, delays and long queues at airports in the airline’s third major computer failure in a little more than two years. ...

2682. Business leaders reject proposal for corporate tax rate increase

We will not proceed with the increase in the corporate tax rate said Finance Minister Haris Georgiades, shortly after business leaders rejected his proposal ...

2683. Government in talks with businesses to raise corporate tax rate

Finance Minister Haris Georgiades confirmed reports that the government plans to increase the corporate tax rate from 12.5% to 15%...

2684. Cyprus considers raising corporate tax rate to 15%

The idea of ​​raising the Cyprus corporate tax rate from 12.5% ​​to 15% has been discussed at a meeting between Finance Minister Haris Georgiades and business executives...

2685. Trump’s yuan move makes a China deal much harder

The decision to label China a currency manipulator boxes in Donald Trump and Xi Jinping. The U.S. Treasury Department made the move after Beijing allowed the yuan to slide below the key level of 7 to the dollar. It’s the first such designation for the People’s Republic since 1994. The sudden escalation will make it harder for both sides to reach a trade truce...

2686. Exceeding expectations

In the eight months of its operation, Nicosia Mall has surpassed expectations. Following the triumphant opening in November 2018 and the resounding welcome by consumers, the capital’s newest shopping mall has been steadily and assuredly pulling in crowds and converting them into devoted customers. The outstanding traffic as well as the levels of satisfaction and observed visitor loyalty, which are examined on a quarterly basis through surveys, are a testament that a thoughtfully planned retail destination and a customer centric approach can yield success. Most importantly, the data available foretells a bright future ahead...

2687. Trump hits China with more tariffs, sharply escalating trade dispute

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets. ...

2688. Limassol police on alert after attempted murder

Police are investigating a late night drive-by where a local businessman was shot in an apparent attempted murder outside his pub in Limassol...

2689. Britain's LSE seals $27 billion Refinitiv deal to create data giant

London Stock Exchange has agreed to buy financial information business Refinitiv in a $27 billion deal, it said on Thursday, in a move to transform the British company into a market data and analytics giant. ...

2690. S&P affirms Bank Of Cyprus ratings

Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...

2691. Ayia Napa C2 holds grand opening

The Ayia Napa satellite casino is having its grand opening on Wednesday right in the heart of the resort town...

2692. Digital Challenges for Internal Auditors & DPOs

2693. North hands Rudolf over to south

Miroslav Balazovjech, also known as Rudolf who was wanted in connection with attempted murder, has been handed over to authorities in the Republic of Cyprus on Sunday...

2694. Greek, Cypriot, Israeli officials meet in Washington to discuss 3+1 partnership

Officials from Greece, Cyprus and Israel met in Washington on Thursday to discuss economic engagement as part of an ongoing US-backed regional cooperation initiative dubbed 3+1. ...

2695. IKEA branches out to Limassol

IKEA is reaching out to Limassol fans and beyond, with a new Planning Studio location now open in the southern town...

2696. Baker Tilly Cyprus launches new interactive website

Baker Tilly Cyprus is pleased to announce the launch of a completely new interactive website (bakertilly.com.cy) that serves as a comprehensive resource in support of the form’s mission. Specifically, to provide a complete range of services, through a single point of contact, to create a quick, proactive response in all areas of service. ...

2697. Stepping into power, Johnson seeks more diverse cabinet

Taking over as prime minister on Wednesday, Boris Johnson is expected to unveil a more diverse top team in a government to be tasked with delivering Brexit by the end of October, with or without a deal. ...

2698. Two new recycling and composting programmes in Limassol

Limassol Municipality is going ahead with the implementation of two new recycling and composting programmes aiming to properly manage waste by reducing, reusing and recycling it. ...

2699. Digital Agenda Summit: Brian McBride, ASOS Chairman and CEO of Amazon UK

Brian McBride is one of Britain’s foremost digital business leaders. For six years he served as Chairman of ASOS, the leading online fashion retailer. He is also Senior Non-Executive Director at electrical retailer AO.com and is Senior Adviser with Scottish Equity Partners. Outside his commercial interests he’s also a member of the Government’s Digital Advisory Board, which steers the digital delivery of Government services to the public. ...

2700. Drug squad arrest Limassol businessman

Police arrested a local businessman in Limassol in connection with a drug bust earlier this year, following on new witness testimony in the case...