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1411. Credit Suisse posts $1.51 billion loss in 4th quarter of 2022

Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul....

1412. Preparations for second round in the final stretch

Preparations for the second round of the Presidential elections on Sunday are in the final stretch. On Thursday the distribution of ballots was completed and on Friday the ballot boxes will be delivered....

1413. Cyprus drives hard bargain on EU migration money

Outgoing Cypriot President Nicos Anastasiades will note the disproportionate burden for the Republic of Cyprus due to the increased migration flows, during the European Council summit taking place on Thursday and Friday in Brussels, highlighting the instrumentalization of the migration issue by Turkey...

1414. Lidl Cyprus is constantly reducing its energy footprint and contributes to the protection of the environment on a daily basis

This year, the company was also certified with the ISO 50001 for its energy management system and for the first time it attained green certificates for 100% of the energy supplied by EAC....

1415. Cyprus wants to use American gift to help region

The CyCLOPS training centre is now 100% Cyprus-owned and gives the country the opportunity to become a regional centre as regards the effort to help the broader region in matters of natural disasters, Minister of the Interior, Nicos Nouris, said on Wednesday...

1416. New Zealand recovers 3 tons of cocaine floating in Pacific Ocean

New Zealand police said Wednesday they found more than 3 tons of cocaine floating in a remote part of the Pacific Ocean after it was dropped there by an international drug-smuggling syndicate....

1417. Death toll surpasses 11,000 as Erdogan visits quake ravaged areas

President Recep Tayyip Erdoğan has visited the region of southern Turkey devastated by this week’s earthquake as the death toll rose above 11,000 and acknowledged that his government faced problems getting aid to victims....

1418. Cabinet approves subsidies to fund digital business upgrades

At today's Cabinet meeting, the Grant Scheme for "Digital Upgrading of Enterprises" was approved. This project is part of Cyprus's Recovery and Resilience Plan (RSP) for the years 2021-2026, and it will be funded by the European Union's (EU) Recovery and Resilience Mechanism (RRM)....

1419. 'Buy Nothing Project' gaining ground worldwide

It was not until after Angela Parker, 53, had raced across her north Atlanta neighborhood to nab eight leftover, thick-cut slices of ham with gravy from the porch of someone she didn't know that she began to ask herself some questions. Was it weird to eat a stranger's porch ham? Was it safe? Would the ham be worth it?...

1420. Secrets of the A380: What passengers never see

1421. Cyprus at the crossroads

South African citizens/voters had two choices in deciding their country's future in 1990. The first option was to maintain the status quo, which would have resulted in a major civil war that would have destroyed the country and resulted in many deaths....

1422. Chinese spy balloon lingers over the US

A Chinese spy balloon has been flying over the United States for a couple of days, U.S. officials said on Thursday, in what would be a brazen act just days ahead of a planned trip to Beijing by U.S. Secretary of State Antony Blinken....

1423. They know Europe, do we?

All three leading candidates made several references to the role of the European Union in many issues during the RIK televised debate on Wednesday, as well as in interviews on television, radio, and online shows....

1424. 'If Glafkos Clerides were still alive, he would support Averof'

DISY party members who will vote for Christodoulides are just those who are dissatisfied with the party for personal reasons. ...

1425. World Bank to assist in Akamas tourism development

The Minister of Agriculture and Rural Development, Costas Kadis and the Deputy Minister of Tourism, Savvas Perdios, met with representatives of the World Bank, on Thursday, in order to formulate a tourism strategy for Akamas....

1426. Americans will soon need to pay a small fee to enter the UK

U.S. citizens will soon have to apply for permission before their United Kingdom trips and pay a small fee to enter as part of the country's upcoming Electronic Travel Authorization scheme....

1427. Interest rates in Cyprus continues its steady rise

Interest rates in the Cypriot banking system continued rising in December in the context of the ECB’s monetary normalization policy to tackle high inflation....

1428. Less Painful, More Accurate Mammograms?! What Took So Long?

Welcome to Wells $treet! If you know anything about me, you know I like an offbeat business story. So when I scheduled my annual mammogram this year, I thought, “Isn’t there a better, more comfortable way to do this? Can’t someone disrupt this industry? Doesn’t anyone care?”...

1429. The 8,000 euro electric car is coming to Europe

BYD is preparing to launch the new Seagull electric city car, which will offer a range of 300 km and a plethora of features in addition to an affordable price of around 8,000 euros, depending on the exchange rate....

1430. After halloumi, now the potato patent

Another product is being registered by the Ministry of Agriculture, Rural Development, and Environment. This is the red potato, the country's second most important agricultural product, ...

1431. The new president and finance minister will face new challenges

We are only a few days away from voting for the new President of the Republic. ...

1432. Alpha Bank Cyprus Ltd: Mr. Miltos Michaelas as new CEO

The Board of Directors of Alpha Bank Cyprus Ltd, decided on the appointment of Mr. Miltos Michaelas to the position of CEO of Alpha Bank Cyprus Ltd....

1433. Cyprus plays leading role in natural disaster research in the South Med

Today, a strategic project of particular significance for Cyprus was officially launched at the CERIDES Centre of Excellence of the European University Cyprus in the presence of Environment Commissioner Clelia Vassiliou. ...

1434. Only one week left until the Cyprus presidential elections

With only one week until the February Presidential elections, candidates continued to deliver stump speeches at gatherings and meet with associations during the weekend. The issues they highlighted in their campaigns concerned issues in relation to the economy and the Cyprus problem, among others....

1435. Pilides: Government to push for more home solar panel installations

The Government does not intend to stop the measure that encourages the installation of solar panels in homes, but to enhance it, the Minister of Energy, Trade and Industry Natasa Pilides pointed out on Friday....

1436. Anastasiades inaugurates gas terminal in Vasiliko

Today marks a historic milestone for the Larnaka region, President Nicos Anastasiades said, during the inauguration of the gas terminal of the VLPG consortium in the Vasiliko area....

1437. Netflix to ban password sharing by end of March, bad news for freeloaders

The time Netflix 'freeloaders' have long feared - Password sharing will be banned by the end of March....

1438. Strike: Trade unions call for COLA agreement

Hundreds of workers gathered outside the Finance Ministry today calling for the full reinstatement of COLA (Cost of Living Allowance). ...

1439. Paphos: Over 15 million euros in foreign investment in 2022

According to the Paphos Chamber of Commerce and Industry, foreign investment in the city has surpassed €15 million. ...

1440. The demand for new homes is dwindling

The large investments and development projects mentioned by Minister of Transport and Works Yannis Karousos in his ministry's recent project presentation may have kept the construction and real estate sector afloat until 2022, but the industry still faces challenges....