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12° Nicosia,
30 May, 2024
 

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Displaying results 1-30 of 356 matches for query corporate.

1. EU warns Cyprus on 15% business tax compliance

https://knews.kathimerini.com.cy/en/news/eu-warns-cyprus-on-15-business-tax-compliance

The European Commission has warned Cyprus and several other countries to step up their game on important new tax and data rules. Cyprus, along with Spain, Latvia, Lithuania, Poland, and Portugal, is under pressure to enforce a minimum 15% tax rate for big multinational companies, a key part of the EU’s efforts to ensure fair taxation....

2. Resilient CEOs embrace AI, plan for sustainable futures

https://knews.kathimerini.com.cy/en/business/resilient-ceos-embrace-ai-plan-for-sustainable-futures

Two in three CEOs optimistic about revenue and profit growth despite a challenging economic environment....

3. Andreas Petsas and Eurobank support sustainability at 'Green Agenda'

https://knews.kathimerini.com.cy/en/news/andreas-petsas-and-eurobank-support-sustainability-at-green-agenda

In a pivotal speech delivered at the 'Green Agenda' conference hosted at Hilton Nicosia, Mr. Andreas Petsas, Senior General Manager of Eurobank......

4. FT: Law firms turn to AI for cost cutting and efficiency

https://knews.kathimerini.com.cy/en/news/ft-law-firms-turn-to-ai-for-cost-cutting-and-efficiency

Law firms worldwide are increasingly turning to generative artificial intelligence (AI) to streamline operations and reduce costs, with many either......

5. From gigabytes to watts: Telcos' evolution into energy providers

https://knews.kathimerini.com.cy/en/news/from-gigabytes-to-watts-telcos-evolution-into-energy-providers

Andreas Neocleous is the first CEO of Cyta, Cyprus’ largest telecommunications organization, to have been appointed from the private sector....

6. Banking sector's pledge to environmental transition

https://knews.kathimerini.com.cy/en/news/banking-sector-s-pledge-to-environmental-transition

Eliza has been the Executive Director of Finance since October 2019 and since October 2021 she has been an Executive Member of the Bank of Cyprus Board of Directors....

7. Cypriot banks set to exceed 2023's record profits in 2024

https://knews.kathimerini.com.cy/en/news/cypriot-banks-set-to-exceed-2023-s-record-profits-in-2024

Cypriot banks are maintaining a low profile, but it's expected that 2024 will bring in higher profits compared to the record-breaking figures of 2023. ...

8. Uncovering transparency issues in public contracts

https://knews.kathimerini.com.cy/en/news/uncovering-transparency-issues-in-public-contracts

The uproar surrounding a revitalizing project on the outskirts of Nicosia, the capital, is just a drop in the bucket compared to the broader issues plaguing certain contracting firms and the administration overseeing public contracts....

9. Global talent crisis: Desire for international experience skyrockets

https://knews.kathimerini.com.cy/en/business/global-talent-crisis-desire-for-international-experience-skyrockets

EY survey shows 75% of employers do not have fully developed mobility functions vital for meeting modern business and talent demands....

10. Dynamic presence of Petrolina at the OPAP Limassol Marathon 2024

https://knews.kathimerini.com.cy/en/business/dynamic-presence-of-petrolina-at-the-opap-limassol-marathon-2024

Once again, Petrolina's contribution to the organization of the OPAP Limassol Marathon was dynamic. The marathon took place on April 13th - 14th, 2024, with a record number of participants exceeding 17,000 runners from Cyprus and abroad....

11. Green marketing: The truth behind eco-friendly claims

https://knews.kathimerini.com.cy/en/news/green-marketing-the-truth-behind-eco-friendly-claims

The deceptive practice of greenwashing, aimed at misleading consumers about the environmental qualities of products or services, is drawing increasing scrutiny....

12. Employers call for tax reform to spur economic growth

https://knews.kathimerini.com.cy/en/business/employers-call-for-tax-reform-to-spur-economic-growth

Employers are advocating for a comprehensive overhaul of the tax system, proposing significant changes aimed at boosting economic activity and competitiveness. Here's a breakdown of their proposals:...

13. Business loans drop, home loans steady

https://knews.kathimerini.com.cy/en/business/business-loans-drop-home-loans-steady

The Central Bank of Cyprus reported on Wednesday that the net demand for corporate loans continued to decrease in the last quarter of 2023, marking a consistent downward trend since the first quarter of 2022, although at a slower pace than anticipated earlier in the year....

14. Winter 2024 brings 17% boost in energy production

https://knews.kathimerini.com.cy/en/news/winter-2024-brings-17-boost-in-energy-production

Energean recorded new production growth in the first two months of 2024. Specifically, the company said in a statement that from 123 thousand......

15. ''Responsible today, sustainable tomorrow'': Lidl Cyprus with an eye on Cyprus of the future

https://knews.kathimerini.com.cy/en/business/responsible-today-sustainable-tomorrow-lidl-cyprus-with-an-eye-on-cyprus-of-the-future

An event dedicated to its vision for a sustainable tomorrow was held by Lidl Cyprus at the premises of the Lidl Food Academy in the centre of Nicosia on Thursday 21 March 2023, in the presence of the honourable Minister of Energy, Trade and Industry, Mr. Giorgos Papanastasiou, as well as other institutional body representatives and partners of the company, as well as representatives of the media. ...

16. US Justice Department sues Apple for its smartphone monopoly

https://knews.kathimerini.com.cy/en/news/us-justice-department-sues-apple-for-its-smartphone-monopoly

The Justice Department has filed a wide-ranging antitrust lawsuit against tech giant Apple, alleging the company has established an illegal monopoly in the smartphone market,...

17. Israeli tax authorities probe Israeli investor activities in Cyprus

https://knews.kathimerini.com.cy/en/business/israeli-tax-authorities-probe-israeli-investor-activities-in-cyprus

Israeli tax authorities are investigating the extensive business activities of Israeli investors in Cyprus, as revealed by Shai Aharonovich, head of Israel's Tax Department, in a report by leading financial newspaper, Globes....

18. Cyprus: A familiar economic space for Greece

https://knews.kathimerini.com.cy/en/news/cyprus-a-familiar-economic-space-for-greece

In an interview conducted by Kathimerini reporter Panayiotis Rougalas, Greece's Central Bank Governor, Mr. Yiannis Stournaras, sheds light on various aspects of the country's monetary policy and economic landscape....

19. XM invests in ARIS for future entrepreneurs

https://knews.kathimerini.com.cy/en/business/xm-invests-in-aris-for-future-entrepreneurs

XM, an international company that has established itself as a leader in the investment industry in forex, CFD in shares, metals and more, actively supports education and skills development initiatives through its sponsorship of ARIS (A Really Inspiring Space)....

20. What role do banks ultimately play?

https://knews.kathimerini.com.cy/en/comment/opinion/what-role-do-banks-ultimately-play

Are banks merely financial entities providing a range of services to the public and businesses, solely driven by profit for shareholders? Banks serve as the heart of our economic and social systems, ...

21. Bitcoin surpasses $57,000 on ETF boost and corporate investments

https://knews.kathimerini.com.cy/en/business/bitcoin-surpasses-$57-000-on-etf-boost-and-corporate-investments

Bitcoin reached a milestone, surpassing $57,000, driven by increasing demand from exchange-traded funds (ETFs) and corporate investments, notably by MicroStrategy. ...

22. Government now implements preemptive checks on companies

https://knews.kathimerini.com.cy/en/news/government-now-implements-preemptive-checks-on-companies

In a decision announced by Finance Minister Makis Keraunos on Tuesday, the Cabinet approved the establishment of a unified regulatory authority for companies offering administrative services. ...

23. CEOs globally forecast increase in revenues, profits and deal making in 2024, as business transformation moves up the agenda

https://knews.kathimerini.com.cy/en/business/ceos-globally-forecast-increase-in-revenues-profits-and-deal-making-in-2024-as-business-transformation-moves-up-the-agenda

CEOs are optimistic about their ability to drive revenue growth and profitability in 2024 despite global economic headwinds, according to the latest EY CEO Outlook Pulse survey....

24. Pillar two readiness and technology

https://knews.kathimerini.com.cy/en/business/pillar-two-readiness-and-technology

As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...

25. Cyprus banks push for green standards with ESG certification

https://knews.kathimerini.com.cy/en/news/cyprus-banks-push-for-green-standards-with-esg-certification

Artemis Credit Bureau, a subsidiary of the Association of Cyprus Banks, announced it will launch an interbank project for the corporate certification on ESG (Environmental – Social – Governance) criteria. ...

26. SAFE BULKERS Inc launches deck officer training scholarship program

https://knews.kathimerini.com.cy/en/business/safe-bulkers-inc-launches-deck-officer-training-scholarship-program

In a bid to foster interest in maritime professions among young individuals and align with environmental, social, and corporate governance goals, Polly Hatzioannou's company, SAFE BULKERS Inc., has announced the initiation of the Deck Officer Training Scholarship program....

27. Imperio leads Cyprus real estate into green future with first-ever ESG report

https://knews.kathimerini.com.cy/en/news/imperio-leads-cyprus-real-estate-into-green-future-with-first-ever-esg-report

Imperio remains steadfast in its commitment to promote the green transition of Cyprus’ real estate sector – a development that will greatly benefit the sector’s businesses, society, economy, as well as the environment itself, in multiple ways....

28. EY seminar explores green tax impact on businesses

https://knews.kathimerini.com.cy/en/business/ey-seminar-explores-green-tax-impact-on-businesses

EY Cyprus Academy of Learning and Development Organized a Seminar on Sustainability and Green Taxes Affecting Business – As – Usual: The EU Role of Cyprus. ...

29. Hellenic Bank posts impressive 2023 profit of €365.4 million

https://knews.kathimerini.com.cy/en/business/hellenic-bank-posts-impressive-2023-profit-of-€365-4-million

Hellenic Bank reported a substantial profit of €365.4 million for the year 2023, marking a significant upswing from €21.8 million in 2022. The Return on Tangible Equity (ROTE) for 2023 soared to 28.7%, a stark contrast to the 2.0% recorded in 2022....

30. Leaked documents reveal extent of China's hacking operations

https://knews.kathimerini.com.cy/en/news/leaked-documents-reveal-extent-of-china-s-hacking-operations

A significant data breach has exposed over 570 files and documents related to Chinese hacking activities, shedding light on the scale and effectiveness of China's cyber espionage operations....

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