https://knews.kathimerini.com.cy/en/news/finance-minister-responds-to-cbs-disinformation-and-fake-news
The report on the CBS show '60 Minutes' about Russian oligarchs was referred to by the Finance Minister in his detailed response on the issue. ...
https://knews.kathimerini.com.cy/en/news/cyprus-aims-for-higher-targets-in-green-energy
In 2022, renewable energy sources now make up a larger percentage of total energy consumption. ...
https://knews.kathimerini.com.cy/en/news/cyprus-talks-up-imminent-chevron-announcement
Cypriot Energy Minister Natasa Pilides is waging a battle to ensure Chevron’s reluctant development concept for Aphrodite will stick to plan, but cost-cutting ideas, merger wars, and maritime issues continue to blur options backed by an administration on its last leg...
https://knews.kathimerini.com.cy/en/business/pwc-survey-seven-out-of-ten-ceos-are-pessimistic-about-2023
According to the 26th Annual Global CEO Survey conducted by PwC between October and November 2022, nearly three-quarters (73%) of respondents expect global economic growth to slow over the next 12 months....
https://knews.kathimerini.com.cy/en/news/demetra-has-invested-75-of-its-capital-in-hellenic
Demetra Investment, the Cyprus Investment Fund, has dedicated 75% of its investments to Hellenic Bank....
https://knews.kathimerini.com.cy/en/comment/opinion/news-versus-noise
Are you fed up with the “news”? Aren’t we all? Are you seized every so often by the need to steer clear of television, radio, paper and online news outlets for a good spell? I’m going to assume yes....
https://knews.kathimerini.com.cy/en/news/garage-gate-erupts-as-biden-faces-burisma-email-deadline
US President Joe Biden is facing new challenges following revelations that a second batch of classified documents has been discovered in his home garage in Delaware, just weeks before a deadline expires on releasing emails related to Cyprus-based Burisma, a Ukrainian oil company where his son Hunter got a seat on the board...
https://knews.kathimerini.com.cy/en/news/problems-surrounding-contactless-transactions-have-come-to-light
Cypriot banks have been asked to address a problem with a specific batch of Mastercard cards....
https://knews.kathimerini.com.cy/en/news/mixed-messages-as-cyprus-offers-boosters-to-visitors
The Republic of Cyprus is offering to vaccinate short-term foreign visitors against the coronavirus, but the government’s position on booster shots remained unclear in the wake of recent revelations through the Twitter Files about discussions on natural immunity...
https://knews.kathimerini.com.cy/en/business/fund-are-investing-in-cypriot-banks
Investing in Cypriot banks is becoming more common. The progress they have made in terms of the non-performing loan burden they have shed, their capital adequacy, which is characterized as good,...
https://knews.kathimerini.com.cy/en/news/pcr-tests-to-be-required-for-passengers-arriving-from-china
All passengers arriving to Cyprus from China from 15 January will need to show a negative PCR test performed 48 hours before their departure, the Cabinet decided on Wednesday. It also decided on the central management of Intensive Care Unit (ICU) beds....
https://knews.kathimerini.com.cy/en/news/frontline-s-cyprus-move-fails-to-impress-rival
Plans by a shipping tycoon to redomicile his company to Cyprus became unclear after Frontline announced a merger with a rival oil tanker operator fell through...
https://knews.kathimerini.com.cy/en/business/dispute-resolution-services-a-more-cost-effective-way-to-resolve-issues
Going to court to resolve a dispute between a consumer and a business is not always necessary. There are alternatives that are less time-consuming and less expensive than legal action and can provide very effective solutions. ...
https://knews.kathimerini.com.cy/en/business/whatsapp-given-green-light-to-sue-pegasus-spyware-company
The US Supreme Court on Monday let Meta Platforms Inc’s WhatsApp pursue a lawsuit accusing Israel’s NSO Group of exploiting a bug in the WhatsApp messaging app to install spy software allowing the surveillance of 1,400 people, including journalists, human rights activists and dissidents....
https://knews.kathimerini.com.cy/en/news/cypriot-fund-keeps-lukoil-s-sanctioned-plant-running
A Lukoil refinery in Italy might survive sanctions against Russia if it falls in the hands of a Cypriot private equity fund, with the company saying the sale could take place by March of this year after turning down a US offer two months ago...
https://knews.kathimerini.com.cy/en/business/amazon-to-layoff-18-000-employees
Amazon.com Inc's layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday....
https://knews.kathimerini.com.cy/en/business/the-plan-to-bring-in-more-german-tourists
In a trip organized by the FTI Group and Meeting Point, German travel agents recently visited the island and discovered increased demand for Cyprus....
https://knews.kathimerini.com.cy/en/news/hollywood-executives-brace-for-‘year-of-turmoil-in-2023
Hollywood executives are bracing for a brutal “year of turmoil” as the entertainment business faces the combined threat of an economic recession, slower streaming growth, a cinema industry on life support and a potential writers’ strike....
https://knews.kathimerini.com.cy/en/business/the-landscape-of-bank-equity-is-changing-in-cyprus
A day before 2022 came to an end, Eurobank made the announcement that it had added 3.2% more shares of Hellenic Bank, bringing its total to 29.2% (pending regulatory approval), and altering the bank's balance "for good"....
https://knews.kathimerini.com.cy/en/news/trendsetter-company-buys-cyprus-most-expensive-property
The most expensive piece of real estate in Cyprus is off the market, following news that a global trading platform will buy the stunning beachfront property after a decade-long presence on the island...
https://knews.kathimerini.com.cy/en/business/the-properties-threatened-by-the-pedieos-river
There have been numerous occasions in recent years when the Pedieos River's overflow has resulted in serious issues. ...
https://knews.kathimerini.com.cy/en/business/cyprus-national-minimum-wage-takes-effect-on-first-day-of-2023
National Minimum Wage in effect in Cyprus for the first time in January...
https://knews.kathimerini.com.cy/en/news/economic-events-that-will-be-remembered-in-2022
The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....
https://knews.kathimerini.com.cy/en/news/officer-injured-in-clash-outside-foreclosed-property
The owner of a foreclosed property in Paphos was arrested on Thursday following an altercation outside an apartment complex, where a female police officer was injured...
https://knews.kathimerini.com.cy/en/business/airbnb-must-provide-rental-info-to-tax-authorities-says-eu
Short-term accommodation services company Airbnb must provide information in rental contracts to tax authorities and withhold tax under a national tax regime, the European Union’s top court ruled on Thursday....
https://knews.kathimerini.com.cy/en/news/when-will-cypriots-begin-to-reap-the-benefits-of-natural-gas
Minister of Energy, Trade, and Industry Natasha Pileidou hailed the discovery of a natural gas deposit in Block 6 of the Cypriot EEZ as a very positive development. Given the energy challenges the European Union is facing,...
https://knews.kathimerini.com.cy/en/news/plant-to-process-israeli-gas-for-export-an-option
The government of Cyprus is weighing a proposal for a pipeline that would carry natural gas from Israel to the island nation, where it would be processed and exported by ship to Europe and elsewhere as Russia’s war in Ukraine compounds an energy crisis, the Cypriot energy minister said Monday...
https://knews.kathimerini.com.cy/en/business/lebanese-drinks-giant-kassatly-building-plant-in-ypsonas
Lebanese drinks giant Kassatly Group Holding has started work on a new plant in Cyprus under “Boutique Beverage Bottling Int’l Ltd” as part of ambitious plans to move the brand from a regional powerhouse to a global player....
https://knews.kathimerini.com.cy/en/business/elon-musk-to-step-down-as-twitter-ceo
Elon Musk has said that he will step down as CEO of Twitter once a suitable replacement can be found. On Sunday he ran a poll asking if he should step down, and the Twitter using public overwhelmingly told him to go...
https://knews.kathimerini.com.cy/en/business/cyprus-airways-flights-up-406-in-november-compared-to-last-year
Cyprus Airways announced today that a 406% increase was recorded in flights last November, compared to the corresponding month in 2021....
