https://knews.kathimerini.com.cy/en/business/lidl-committed-to-responsible-corporate-governance
https://knews.kathimerini.com.cy/en/news/repair-and-prepare-eu-unveils-€750-bln-plan-for-coronavirus-recovery
The European Commission unveiled on Wednesday a plan to borrow on the market and then disburse to EU countries 750 billion euros in grants and loans to help them recover from their coronavirus slump, giving an immediate boost to the euro....
https://knews.kathimerini.com.cy/en/business/michael-kyprianou-co-llc-recognised-internationally-as-a-leading-cyprus-law-firm
Michael Kyprianou & Co LLC had the honour of been recommended for all its areas of practice. At the same time it has received top tier recognition in the fields of Dispute Resolution, Employment Law and Real Estate & Construction Law....
https://knews.kathimerini.com.cy/en/news/over-23-000-applications-filed-for-suspension-of-loan-payments
More than 23,000 persons have applied to the island’s two largest banks for a suspension of loan repayments, as retail borrowers and companies are trying to preserve disposable income amid the economic activity shutdown due to the coronavirus pandemic....
https://knews.kathimerini.com.cy/en/business/corporate-social-responsibility-and-corporates-response-to-covid19
The long-term debate over CSR is concerned with whose interests should be attended to, shareholders or stakeholders, and this is actually the debate of the two competing theories over the purpose of the modern business firm...
https://knews.kathimerini.com.cy/en/business/alpha-bank-supports-cyprus-association-of-kidney-patients-friends
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-best-bank-for-private-banking
Bank of Cyprus has been named as the “Best Bank for Private Banking” in Cyprus by the internationally reputable magazine “Euromoney”, for the 5th consecutive year...
https://knews.kathimerini.com.cy/en/news/prio-a-solution-to-cyprus-problem-can-oe
A solution to the Cyprus problem will create large new markets, research conducted by the independent, bicommunal research centre PRIO showed....
https://knews.kathimerini.com.cy/en/business/accounting-profession-the-pillar-of-powerful-economies
https://knews.kathimerini.com.cy/en/business/sustainable-growth-review-for-2019
PwC’s corporate responsibility programme focuses on promoting youth entrepreneurship, supporting vulnerable social groups, protecting the environment, promoting employee wellbeing and upskilling...
https://knews.kathimerini.com.cy/en/business/how-russian-uncapitalism-works
Like a private equity firm enacting an acquisition-led ‘roll-up’ in a fragmented sector, Putin and Co in Russian have been busy in recent years quietly taking scores of small banks into state ownership...
https://knews.kathimerini.com.cy/en/business/gcc-achieves-high-customer-satisfaction
https://knews.kathimerini.com.cy/en/news/pwc-2020-to-be-year-of-‘slowbalisation-for-global-economy
Global economic growth in 2020 is expected to grow at a rate of around 3.4% in purchasing power parity terms,according to new projections by PwC, compared to its long-term average of a 21st century average of 3.8% per year...
https://knews.kathimerini.com.cy/en/business/citr-cyprus-calls-for-modern-insolvency-rules
https://knews.kathimerini.com.cy/en/business/anti-money-laundering-and-terrorist-financing-preventing-framework-legislation-gaps
Over the last years, the EU has developed a solid regulatory framework for preventing money laundering and terrorist financing. However, these rules are not always able to capture the growing technological developments and potential gaps that can be exploited by criminals...
https://knews.kathimerini.com.cy/en/news/thomas-cook-crash-is-dry-run-for-brexit-failures
Social historians will mourn the demise of the world’s oldest travel company, founded by a Baptist carpenter in northern England in 1841; their corporate counterparts will not. With more than 500 high street outlets, Thomas Cook demonstrated a stunning inability to adapt to changing travel habits. The rise of budget airlines and disruptors like Airbnb combined with the weak pound and the unusually hot summer of 2018 to kill off the company which had suffered a near-death experience in 2011.
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https://knews.kathimerini.com.cy/en/news/moody-s-changes-cyprus-outlook-to-positive
Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...
https://knews.kathimerini.com.cy/en/business/four-new-partners-at-harris-kyriakides-llc
Harris Kyriakides LLC announces four new partners in the company. As of the 1st of September 2019 the new partners are Andreas Anagnostou, Myria Loizou, Georgia Karamalli and Nicolas Kyriakides.
...
https://knews.kathimerini.com.cy/en/business/greek-corporations-rush-to-issue-bonds-amid-record-low-yields
The easing of Greek state bond yields to record lows has opened the way to international markets for major Greek corporations too, as they can now take the opportunity to reduce their cost of borrowing.
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https://knews.kathimerini.com.cy/en/business/business-leaders-reject-proposal-for-corporate-tax-rate-increase
We will not proceed with the increase in the corporate tax rate said Finance Minister Haris Georgiades, shortly after business leaders rejected his proposal
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https://knews.kathimerini.com.cy/en/business/government-in-talks-with-businesses-to-raise-corporate-tax-rate
Finance Minister Haris Georgiades confirmed reports that the government plans to increase the corporate tax rate from 12.5% to 15%...
https://knews.kathimerini.com.cy/en/business/cyprus-considers-raising-corporate-tax-rate-to-15
The idea of raising the Cyprus corporate tax rate from 12.5% to 15% has been discussed at a meeting between Finance Minister Haris Georgiades and business executives...
https://knews.kathimerini.com.cy/en/news/non-performing-loans-decline-to-€10-14-billion
Non-performing loans as defined by the European Banking Authority declined to €10.14 billion in March 2019, marking a reduction of €151 million compared to previous month.
...
https://knews.kathimerini.com.cy/en/business/britain-s-lse-seals-$27-billion-refinitiv-deal-to-create-data-giant
London Stock Exchange has agreed to buy financial information business Refinitiv in a $27 billion deal, it said on Thursday, in a move to transform the British company into a market data and analytics giant.
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https://knews.kathimerini.com.cy/en/business/cyprus-tax-webcast-july-2019
https://knews.kathimerini.com.cy/en/news/carbo-one-and-cyprus-noc-presented-their-partnership-in-the-run-up-to-the-olympics
Carbo One Limited has joined the sponsorship family of the Cyprus National Olympic Committee, in the category of Major Sponsor, as announced by the Cyprus NOC on Monday, 29 July 2019, during an event at the Olympic House in Nicosia. The collaboration of the NOC with Carbo One, one of the largest companies in Cyprus, is an important step forward for the Committee in achieving its goals in the pre-Olympic year we are currently going through.
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https://knews.kathimerini.com.cy/en/news/stepping-into-power-johnson-seeks-more-diverse-cabinet
Taking over as prime minister on Wednesday, Boris Johnson is expected to unveil a more diverse top team in a government to be tasked with delivering Brexit by the end of October, with or without a deal.
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https://knews.kathimerini.com.cy/en/business/the-benefits-of-studying-with-a-learning-provider
Studying to become an ACCA member is flexible, and it opens up a world of opportunities. With over 500,000 students studying in a variety of ways, we know that flexibility is key to a successful ACCA journey.
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https://knews.kathimerini.com.cy/en/business/ey-renewable-energy-is-taking-strides-towards-a-subsidy-free-era
The renewable energy sector is entering a new phase of subsidy-free growth across the world, according to the 53rd EY Renewable Energy Country Attractiveness Index (RECAI). Mainland China and the US remain at first and second positions respectively on the top 40 ranking, while France moves up two positions to third from fifth, led by a new focus on floating offshore wind capacity and doubling of its annual targets for onshore wind capacity additions...
https://knews.kathimerini.com.cy/en/comment/opinion/the-liberal-narrative-and-the-risks