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1861. Cybarco launches its podcast ''DESTINATION CYPRUS''

Cybarco Development Ltd, the company behind landmark projects like The Oval, Limassol Marina and Trilogy Limassol Seafront, has launched a podcast dedicated to Cyprus. ...

1862. World's largest crypto exchange platform to set up shop in Cyprus

The FTX bankruptcy scandal a few weeks ago rocked the entire crypto world to its core, after its founder Sam Bankman-Fried, the "wonderboy" of the crypto trading world,...

1863. Exness sponsors the first ever Cyprus Tech Career Fair

Exness was the Platinum sponsor of the Cyprus Tech Career Fair that took place from November 24 until November 26 at the Cyprus International Fair. ...

1864. The effects of Global warming on banks and insurance companies

One of the last print editions of the Economist had the title ‘Say goodbye to 1.5° C’ which refers to the goal of limiting the increase in the average temperature of the planet to 1.5 degrees Celsius...

1865. 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....

1866. Cyprus Institute academics are some of the top scientists worldwide

Academics of the Cyprus Institute have recently been included in two ranking lists of top scientists worldwide....

1867. Complaints about Black Friday deals have begun

The Consumer Association had begun receiving complaints about deceptive product offers as Black Friday draws near....

1868. The consequences of continuing foreclosure suspensions

Lambros Papadopoulos, President of the state-owned asset management company, KEDIPES, warned on Tuesday that the continued suspension of foreclosures will negatively affect the company’s revenue from non-performing loans (NPLs) management resulting in a reduced repayment of state aid....

1869. The visionary leader of Pafilia wins at the prestigious Bank of Cyprus Man of the Year Awards

Pafilia founder and CEO, Mr Elias Eliades has been awarded a prestigious honor at the 21st Bank of Cyprus MAN OF THE YEAR Awards, with the title of Best Manager / Entrepreneur....

1870. Ryanair adds five new destinations and a fourth aircraft to its fleet in Cyprus

Ryanair has announced its busiest summer schedule in Cyprus, with 41 routes from Paphos to destinations including Naples and Toulouse....

1871. World Cup 2022: Solution found for the beer ban in Qatar

Before the host country banned alcohol consumption inside and outside the stadiums at the last minute, a solution for the... warehouse of beers supplied by Budweiser for this year's World Cup was finally found....

1872. US regulators say lab-grown chicken is safe to eat

A meat product grown in a lab has been cleared for human consumption for the first time....

1873. Twitter closes its offices: Chaos in the aftermath of Musk's 'ultimatum'

Hundreds of Twitter employees are expected to leave the company after new owner Elon Musk issued an ultimatum requiring employees to work "long hours at high intensity" or leave....

1874. Chevron buys time as Cyprus and Israel still negotiate

Chevron took a step back this month after it postponed the drilling of an appraisal well offshore Cyprus, a plan that initially caught Israel by surprise and prompted an impromptu visit to Nicosia last summer as the two countries have yet to resolve a dispute...

1875. EY Cyprus presents the Transparency Report 2022

ΕΥ Cyprus has released its Transparency Report 2022, which provides an update on the firm’s efforts to execute high-quality audits, identify and mitigate risks and enhance trust in business and the capital markets, in support of sustainable, long-term value creation. ...

1876. Amazon announces immediate layoffs of 10,000 workers

Amazon plans to lay off approximately 10,000 employees from administrative and other positions in its technology departments....

1877. EY Cyprus awarded project of Holistic Management of Cyta’s Sustainable development

EY Cyprus has been awarded by Cyta the project of the Holistic Management of the company’s Sustainable Development. ...

1878. The first 'Mountain Agriculture of Troodos' products have hit the market

Another innovative project led by the Cyprus Institute is taking shape, with the introduction of the first fruits and vegetables bearing the quality label "Mountain Agriculture Troodos" to the market....

1879. Investors lost $1 billion on FTX, prompting calls for industry regulation

The turmoil in the cryptocurrency world continues unabated following the bankruptcy of the FTX platform, which landed its founder, Sam Bankman-Freid, bankrupt almost overnight. ...

1880. FTX's European operations suspended indefinitely

The company is taking a wait-and-see approach until further notice in order to deal with FTX International and the more than $8 billion hole it has created...

1881. Spyware and political games

The European Parliament's Committee of Inquiry's draft report on the use of spyware in the EU was lengthy and comprehensive, but in the case of Cyprus, a sizable portion of the information was a repetition of already well-known facts and concerns about the absence of the required institutional framework. ...

1882. Twitter: Musk warns of the possibility of bankruptcy

1883. Musk's first email to Twitter staff: No more telecommuting

Elon Musk, the platform's new owner, informed Twitter staff in his first email that "difficult days are ahead." After firing 50% of the staff, Musk's first significant move was to outlaw telecommuting unless he personally approved a request....

1884. British Airways goes gender neutral

British Airways will allow male pilots to wear make-up and carry handbags in an overhaul of the airliner's strict uniform rules....

1885. Iranian protesters look to outside world for help

The anti-government protests sweeping Iran are now in their eighth week, with no sign of ending, despite a bloody crackdown. The rest of the world has watched with alarm, with some countries taking steps in support of the protests....

1886. Zuckerberg says 'sorry' as Meta lays off 1,000 employees

Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history....

1887. Initial PEGA report - Cyprus is an appealing destination for spy goods

1888. FT: Former PWC Cyprus accountants take on company's Russian clients

A group of PwC partners has launched a breakaway firm in Cyprus to take on work from Russia-linked clients that the Big Four accountants will no longer touch....

1889. 13 billion bcm of natural gas discovered off Israel's shore

Energean PLC has announced a new commercial natural gas discovery of 13 billion cubic meters off the shore of Israel as a result of its exploratory drilling of the well dubbed Zeus-1. It has also confirmed the presence of an additional 3.75 bcm at its Athena site....

1890. Defendants acquitted in first 'golden passports' trial

Nine defendants—5 people and 4 legal entities—were cleared and released from the 36 charges they were facing in the case involving the exceptional naturalization of foreign applicants by the Larnaca-Famagusta Permanent Criminal Court, which convened today, Friday, November 4. This decision was based on the Kalogeros ruling....