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1231. Holy Synod to support vaccine but maintains Holy Communion stance

The Holy Synod of the Church of Cyprus convened for an emergency meeting on Tuesday during which it was briefed by members of the government’s coronavirus expert task force on the coronavirus pandemic, with the Holy Synod concluding that it will support the vaccination of the public but refused to accept that the virus can be transmitted through the holy communion ritual....

1232. Pfizer-BioNTech seek EU emergency approval for Covid-19 vaccine

Pfizer Inc and BioNTech’s Covid-19 vaccine could be rolled out in Europe this month, the companies said on Tuesday after they applied for EU emergency approval for the shot...

1233. Global IPO activity rebounds sharply

Q3 2020 bucked the traditionally slow IPO period as travel slowed, work from home and the markets were awash in liquidity resulting in the most active third quarter in the last 20 years by proceeds, and the second highest third quarter by deal numbers...

1234. Customised solutions: Our expertise can help the hotel sector recover

APC Audit Tax Advisory Ltd and CITR Cyprus Ltd, have decided to join forces to offer a complete package of services to Cypriot Hoteliers, which will contain the vital innovative and customized solutions that are necessary, in order to properly deal with the evolving pandemic...

1235. EU drugs watchdog expects first application for COVID-19 vaccine in days

Europe's drugs watchdog said on Thursday it expects to receive the first application for conditional marketing approval for a Covid-19 vaccine "in the coming days", the latest step towards making a shot available outside the United States....

1236. Cyprus drilling programme to resume in mid-2021

The Cyprus hydrocarbon exploration programme will resume in the second half of 2021, energy minister Natasa Pilides said Tuesday, noting however that the pandemic has rendered drilling projects “increasingly complex.”...

1237. Safe business and digitalisation in maritime

1238. KPMG survey: companies see climate change as financial risk but disclosure quality must improve

56% of the world’s 250 largest companies (G250) now acknowledge climate change as a financial risk to their business in their corporate reporting, according to a new KPMG International survey, which also revealed that the quality of climate-related risk disclosures among these companies needs to improve...

1239. Cypriot gets vaccinated in Moscow

A business executive from Limassol living in Russia says he was given the Sputnik V shot for COVID-19, making him the first ever Cypriot known to have been vaccinated against the novel coronavirus...

1240. Experts assist in Cyprus' spy van probe

Following months of sluggish investigation into Cyprus’ spy van, police investigators are reportedly in the process of drafting their final report while another expert is due to arrive on the island to lend a hand...

1241. EU could approve vaccines ‘late 2020, early 2021’

Europe’s medicines regulator said Monday that it could approve the first coronavirus vaccines late this year or early next, as it evaluates the most promising candidates....

1242. EU could pay over $10 billion for Pfizer and CureVac vaccines

The European Union could pay more than $10 billion to secure hundreds of millions of doses of the vaccine candidates being developed by Pfizer-BioNTech and CureVac, an EU official involved in the talks told Reuters....

1243. Cyprus draws up coronavirus vaccination strategy

The health ministry said Thursday that a plan has been drawn up for the vaccination of the Cyprus public against coronavirus, noting that in cooperation with the government’s coronavirus expert task force, groups to get vaccinated first were determined on the basis of an algorithm....

1244. FBI offers deal to 'Cypriot hacker'

A young man known as the “Cypriot hacker” who was flown to the United States last summer to face trial, may have a deal after all, with reports saying Joshua Polloso Epifaniou is ready to enter a plea but it is unclear if he would need to do jail time halfway around the world...

1245. Scientists warn against rapid test self-checking

The rapid antigen tests that the health ministry recently stocked up on in its battle against time to detect coronavirus cases among Cyprus employees require careful handling....

1246. Moderna’s coronavirus vaccine nearly 95% effective, early data shows

For the second time this month, there’s promising news from a Covid-19 vaccine candidate: Moderna said Monday its shots provide strong protection, a dash of hope against the grim backdrop of coronavirus surges in the US and around the world. ...

1247. Elusive businessman with Cyprus ties pops up

The whereabouts of elusive Russian hedge fund manager German Lillevali, who was linked to a flurry of companies in Cyprus after he became a resident, are no longer a mystery after reports that he was detained in the US on an immigration violation but released due to overcrowding amid the coronavirus pandemic...

1248. Support schemes added to fight lockdown consequences

Alongside the tough restriction measures that came into effect on Thursday, additional support schemes were announced by the ministers of finance and labour in a bid to cushion the inevitable economic blow....

1249. Systems tested by slaughterhouse outbreak

A company that owns a slaughterhouse in rural Nicosia has until Monday to explain how 79 people were found working without proper authorization, following a coronavirus outbreak on the premises and days after the firm hinted that government officials were supplying asylum seekers for manual labour through backchannels...

1250. Al Jazeera video stirs privacy debate

The former speaker of the House is reportedly calling on the chief of police to investigate two Al Jazeera journalists, saying they violated his rights when a hidden camera was used to capture footage that became part of the network’s corruption investigation known as The Cyprus Papers...

1251. Varosha revamp ongoing at feverish pace

Preparations in Varosha ahead of the visit of the Turkish President and the leader of the Grey Wolves are continuing at a feverish pace. Turkish crews have begun work to upgrade the patch of Varosha to be visited by Recep Tayyip Erdogan, who will be accompanied by Devlet Bahçeli....

1252. Pfizer, BioNTech say their Covid-19 vaccine is more than 90% effective

Pfizer Inc on Monday said its experimental vaccine was more than 90% effective in preventing Covid-19 based on initial data from a large study, a major victory in the fight against a pandemic that has killed over 1 million people, roiled the world’s economy and upended daily life....

1253. Cyprus tightens restrictions, imposes 11pm curfew

In a national address on Wednesday night, the Cyprus President Nicos Anastasiades said the government was obliged to take tough decisions for stricter measures as the island was no exception to Europe’s second coronavirus wave, before the health minister stepped in to outline the new measures that come into effect on Thursday....

1254. COVID-19 calls for digital technology investments in oil and gas

Ninety percent of oil and gas executives agree that investments in technology and workforce are essential to surviving current market conditions, according to a new EY survey...

1255. Appointment of Directors, Principals, Senior Manager in K. Treppides & Co

The Management of K. Treppides & Co Ltd committed to develop leadership that derives from its own people, who pursue excellence in the provision of high quality specialised and unique services, is pleased to announce the appointment of the following members into the Board of Management with effect 1 October 2020...

1256.  EY announces the win of three 2020 Microsoft Global Partner of the Year Awards

1257. 5G wars over Cyprus rage on

The Chinese Embassy in Cyprus accused Washington over the weekend of “openly coercing” Nicosia and other allies into keeping out Chinese companies in setting up 5G networks...

1258. Expert concerned over cases at private hospitals, businesses

Member of the government’s health advisory committee Dr Petros Karayiannis raised the alarm on Friday over the large numbers of new coronavirus cases being detected among employees of private sector establishments such as hospitals, universities, banks, and companies....

1259.  KPMG's Vasiliou first Chairman of Cyprus-Australia Business Association

The Cyprus Chamber of Commerce and Industry (CCCI) announced the launch of the Cyprus - Australia Business Association, aiming to further promote, expand and encourage business relations between Cyprus and Australia...

1260. EY Attractiveness Survey Cyprus 2020

EY Attractiveness Survey Cyprus 2020: Investors are optimistic about the country’s attractiveness over the coming years, but state that there is room for improvement...