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871. BOC: Profits for first nine months gobbled up by Voluntary Retirement Plan

The bank reported 9 million euro losses following the summer departure of 550 employees, which cost it 104 million....

872. 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. ...

873. What do Cypriots buy on Black Friday?

Only eight more days until the much-anticipated Black Friday shopping day, and ads for discounted goods continue to pound the public. Every year, many people look forward to this day in order to find the best deals on products they need....

874. Double burial site found in Kouklia

Two tombs from the 12th century BC with rare findings were excavated at the Kouklia-Marcello location, according to a statement from the Cyprus Department of Antiquities....

875. 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. ...

876. 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....

877. Cyprus airways: Flights to Paris and Rome begin (schedule)

Cyprus Airways announced today that it will begin three weekly flights to Charles De Gaulle Airport in Paris on December 16 and two weekly flights to Fiumicino Airport in Rome on December 20....

878. 64% of distressed state loans eligible for 'Oikia' scheme

The applications for the Oikia scheme for distressed borrowers have reached 64% of the total eligible loans, according to the Housing Finance Corporation. In total, 1,223 applications, valued at €115m have been submitted, out of 1,948 eligible loans, valued at €179m....

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

880. 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....

881. Layoffs begin at Twitter as offices temporarily close

Twitter Inc temporarily closed its offices on Friday after telling employees they will be informed by email later in the day whether they are being laid off....

882. The new Porsche 718 Style Edition models

Stuttgart. Fresh colours and harmonious contrast packages characterise the new Porsche 718 Boxster Style Edition and 718 Cayman Style Edition sports cars. ...

883. Emirates to resume daily operations to Cyprus

Emirates will be increasing the flight frequency of its Malta-Larnaca-Dubai route to a daily service starting 1 December 2022. This will bring back the airline’s operations on this route back to pre-pandemic levels, signalling a steady recovery amid the easing of travel restrictions worldwide....

884. Cypriot author talks illegal surveillance with PEGA

Cypriot author Makarios Drousiotis said on Wednesday that illegal surveillance was still taking place in the Republic of Cyprus, as European lawmakers were on the island for a second day of meetings to uncover any unlawful activity amid spying scandals...

885. Tobacco from north lands gals in jail

Two women have been detained at a checkpoint in rural Nicosia after customs officers found a large quantity of tobacco products in their vehicle, but charges and circumstances of their detention were not immediately clear...

886. Bin Salman granted US immunity for Khashoggi murder

The US has determined that Saudi Arabia's de facto leader - Crown Prince Mohammed bin Salman - has immunity from a lawsuit filed by murdered journalist Jamal Khashoggi's fiancée....

887. 'Cyprus made': When to expect the branded products

Local products can now be branded as Cypriot-made. After a year of work, consultations, and procedures, as well as research into international examples, a new brand name for Cypriot products has been developed: Cyprus Made - Unique by origin....

888. Men arrested after bride kidnapping goes awry

Three men have been arrested on breaking and entering charges following a failed attempt to steal a young female from the household who secretly got hitched to her beau without dad’s blessing...

889. Two families sue Amazon for selling 'suicide kits' to teens

Amazon is facing a lawsuit accusing it of selling so-called suicide kits, brought by the families of two teenagers who bought a deadly chemical on the company's website and later used it to take their own lives....

890. Makarios Avenue will be closed to private vehicles from 20 October

On October 20, the initial traffic plan for Makarios III Avenue in Nicosia goes into effect, allowing public transportation, catering vehicles, police and fire engines, as well as shopkeepers and residents, while prohibiting the movement of other vehicles. ...

891. 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....

892. The future of the banking sector is digital, green and social

The future of the banking sector is digital, green and social, said the participants at the 3rd online FMW Conference, titled "Banking System: New Challenges and Opportunities". The Conference also highlighted the contrast between trying to tame inflation by raising interest rates and supporting vulnerable groups to avoid social unrest....

893. Nicosia concerned over 'MoU' signed between Libya and Turkey

Nicosia has expressed concern and skepticism over the signing of the "MoU" between the government of national unity (GNU) of Libya and Turkey in the hydrocarbons field on the basis of the illegitimate Turkish - Libyan 'memorandum' of 2019....

894. ECOMMBX celebrates its 5th birthday with its new partner CITI

On 22 September, ECOMMBX, a progressive Electronic Money Institution in Cyprus, celebrated its 5th year in business. ...

895. ECOMMBX opens new horizons enabled by its new banking agreement with Citi

ECOMMBX, a progressive Electronic Money Institution based in Nicosia, proudly announces that it has concluded a correspondent banking agreement with Citi, the world’s most global bank. This new collaboration delivers a range of benefits for both ECOMMBX as well as Cyprus, as a jurisdiction....

896. California to allow human remains to be composted and used as soil

California will begin offering the option of human composting after death thanks to a bill recently signed into law that aims to tackle climate change....

897. Self check-in and robots - the future of tourism in Cyprus

898. No more plastic bags in supermarkets from October 1st

In October, Cyprus will take action and reduce the use of plastic, according to a bill passed in 2022 that comes into force on October 1. Consequently, from the first of October, products such as plastic cotton swabs, cutlery, plates and so on will be banned from the market....

899. Putin threatens: 'It's not a bluff'

Vladimir Putin has threatened to use weapons of mass destruction against the West, as he announced a partial military mobilization in an escalation of the war on Ukraine....

900. Profits of €55.4 million in first half of 2022 for Hellenic Bank

Hellenic Bank reported a profit of EUR 55.4 million for the first half of 2022, compared to a profit of EUR 21 million in the corresponding half of 2021....