https://knews.kathimerini.com.cy/en/business/tesla-drastically-lowers-ev-pricing-in-the-us-and-europe
After steadily increasing prices over the past couple of years, Tesla has cut them drastically across its lineup in the US and Europe, in an apparent bid to boost sales. ...
https://knews.kathimerini.com.cy/en/news/cypriot-author-claims-police-trying-to-ban-his-book-on-corruption
A Cypriot investigative journalist accused the police on Wednesday of trying to prevent him from publishing books he wrote about corruption in his country....
https://knews.kathimerini.com.cy/en/news/andreas-christou-s-disappearance-is-shrouded-in-mystery
The disappearance of 35-year-old wanted man Andreas Christou in connection with the attempted murder committed on December 4 in Oroklini, during which a 42-year-old man and a 6-year-old child were injured, is shrouded in mystery....
https://knews.kathimerini.com.cy/en/news/wolt-delivery-drivers-labor-violations-confirmed-fines-to-be-imposed
Following interviews with 94 deliverymen working for an online platform, the director of the Labour Relations Department of the Labour Ministry, Antis Apostolou, said on Wednesday that violations relating to undeclared work and non-licensing to employ third-country nationals have in some cases come to light....
https://knews.kathimerini.com.cy/en/news/€651-4-million-of-government-surplus-recorded-until-september-2022
Cyprus' general government surplus rose to 651.4 million for the period of July-September 2022 compared with a surplus of €319.5 mn recorded in the respective period of last year, according to preliminary general government fiscal results....
https://knews.kathimerini.com.cy/en/news/finance-ministry-cyprus-economy-will-not-enter-a-recession
There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...
https://knews.kathimerini.com.cy/en/business/wolt-responds-to-their-delivery-personnel-strike
In recent hours, images of delivery people from a particular digital platform participating in a protest march have circulated online, raising questions about the organizational structure for delivery persons in the restaurant and digital product distribution industries. In this instance, it is Wolt employees. Akis Stamoulis, the company's communications manager, responded to "K's" specific questions....
https://knews.kathimerini.com.cy/en/news/cop-screams-at-wolt-drivers-during-protest-in-cyprus
Wolt drivers in the Republic of Cyprus carried on with demonstrations this week over working conditions and compensation, with one cop known as ‘Black Widow’ getting into a shouting match with food couriers who took to the streets of the capital...
https://knews.kathimerini.com.cy/en/business/cabinet-approves-vehicle-history-database
The Council of Ministers today approved an amendment to the Motor Vehicles and Traffic Movement Regulations that will create a database that will record the history of vehicles involved in accidents....
https://knews.kathimerini.com.cy/en/news/over-half-a-billion-euro-government-surplus-so-far-this-year
Preliminary General Government fiscal results indicate a surplus of €556.4 mn for the period of January-October 2022, according to data prepared and published by the Statistical Service of Cyprus on Wednesday....
https://knews.kathimerini.com.cy/en/news/eu-struggles-with-russian-oil-price-cap
European Union governments remained split on Thursday over what level to cap Russian oil prices at to curb Moscow’s ability to pay for its war in Ukraine without causing a global oil supply shock, with more talks possible on Friday if positions converge...
https://knews.kathimerini.com.cy/en/business/400-500-hellenic-employees-to-be-made-redundant
On Monday, November 24th, 400–500 voluntary employees will depart Hellenic Launches; this will be the final shift provided by the bank....
https://knews.kathimerini.com.cy/en/news/government-offers-cash-for-whistleblower-s-torched-cars
The transport minister in the Republic of Cyprus has been credited with a Cabinet decision to compensate a state employee, whose family vehicles were torched after he blew the whistle on a car sales scam...
https://knews.kathimerini.com.cy/en/news/israel-clinches-deal-with-lebanon-cyprus-still-at-bay
The eastern Mediterranean was on a roll this week after US mediation managed to get broad acceptance for an Israel-Lebanon maritime demarcation deal, but Tel Aviv still faces another challenge only weeks before elections as not everyone is at ease with similar arbitration efforts to resolve a dispute with Cyprus...
https://knews.kathimerini.com.cy/en/news/sanctioned-russian-billionaire-wins-right-to-use-his-yacht-on-the-french-riviera
A French court on Wednesday ordered the country's customs agency to release an impounded yacht owned by a Russian billionaire hit by European sanctions, due to procedural errors made during the seizure of the vessel....
https://knews.kathimerini.com.cy/en/news/ec-calls-for-state-funded-compensation-for-victims-of-trafficking
The Council of Europe's Anti-Trafficking Division along with Cyprus-based NGO 'Step Up, Stop Slavery' brought together officials from various sectors of the Cypriot government and foreign diplomatic missions to discuss the ways in which financial compensation can be offered to victims of trafficking in Cyprus....
https://knews.kathimerini.com.cy/en/news/council-pulls-plug-on-cyprus-titina-loizidou-case
The Council of Europe has tossed aside the Titina Loizidou case, a human rights political football between Turkey and Cyprus, with Nicosia noting its disappointment after some countries decided to pull the plug after many years...
https://knews.kathimerini.com.cy/en/news/israeli-minister-visits-nicosia-as-energy-bargain-heats-up
Israeli Energy Minister Karine Elharrar is visiting Cyprus on Monday to talk gas directly with her Cypriot counterpart, after companies tasked by the two governments to negotiate a joint reservoir failed to agree on a buyout deal...
https://knews.kathimerini.com.cy/en/news/state-afternoon-clinics-already-behind-on-launch-day
Afternoon working hours for clinics in state hospitals went into effect Monday, as part of health reform in the Republic of Cyprus, but officials warned outpatient and surgery departments still had a backlog to go through due to the pandemic...
https://knews.kathimerini.com.cy/en/news/compensation-to-be-doled-out-to-akamas-property-owners
Minister of Agriculture, Costas Kadis, said on Wednesday that the government will announce compensatory measures for property owners in the Akamas peninsula, who will be affected by a local plan to protect the environment....
https://knews.kathimerini.com.cy/en/news/foreign-tourist-goes-after-ayia-napa-police
A Chinese man living in London is seeking public support as he takes on the police in Ayia Napa, saying he was physically and verbally abused in a racially-motivated encounter during the pandemic and further alleging he was denied access to a lawyer...
https://knews.kathimerini.com.cy/en/news/cancellations-delays-and-strikes-which-destinations-are-the-most-affected
What to know and what to pay attention to those who are preparing to travel...
https://knews.kathimerini.com.cy/en/news/as-many-as-15-000-passengers-face-cancelled-flights-at-heathrow
In the latest meltdown at a major UK airport, Heathrow has asked airlines flying from Terminals 2 and 3 to cancel 10 percent of their schedules for Monday due to mounting problems with its baggage handling....
https://knews.kathimerini.com.cy/en/business/batterygate-millions-of-iphone-users-could-receive-compensation
Millions of iPhone users could be eligible for payouts, following the launch of a legal claim accusing Apple of secretly slowing the performance of older phones.
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https://knews.kathimerini.com.cy/en/business/myth-buster-ifrs-17-an-accounting-standard-for-insurance-contracts
As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...
https://knews.kathimerini.com.cy/en/news/fozen-russian-reserves-should-be-used-to-rebuild-ukraine
EU capitals should consider seizing frozen Russian foreign exchange reserves to cover the costs of rebuilding Ukraine after the war, the bloc’s top diplomat has said, as the west debates how to force Moscow to pay for some of the damage the conflict has caused....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-hub-hopes-hanging-by-a-thread
Nicosia is eagerly awaiting news any day now that could potentially revive the island’s hopes in the energy game, with all eyes on whether a UK-based company with contracts in Israel could find enough gas to bypass red tape and send some of it to a friendly neighbor’s hub...
https://knews.kathimerini.com.cy/en/news/op-ed-inflation-welcomes-generation-z
Inflation is the rate at which prices rise, which means that we need more money to buy the same product or service. Consequently, if your salary stays the same, then your purchasing power will decrease, as you will be able to buy fewer goods and services....
https://knews.kathimerini.com.cy/en/business/euler-hermes-is-now-allianz-trade
Todaymarks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade – a natural moveas we have been fully part of the Allianz Group since 2018...
https://knews.kathimerini.com.cy/en/business/wargaming-ceases-operations-in-russia-and-belarus
Wargaming has decided that it will not maintain or operate any business in Russia or Belarus....
