https://knews.kathimerini.com.cy/en/news/ba-cancels-hundreds-more-flights-this-summer
Most of the axed journeys, around 650, are in July while Heathrow and Gatwick airports will see around two-thirds of the cancellations....
https://knews.kathimerini.com.cy/en/business/cattle-class-no-more-thanks-to-air-new-zealand-s-skynest
Air New Zealand will introduce sleep pods in the economy class cabins of its ultra-long-haul Boeing 787-9 Dreamliners from 2024. ...
https://knews.kathimerini.com.cy/en/news/police-keep-tight-lid-on-sex-trafficking-case
Police continue to keep a tight lid on a sex trafficking investigation, with prosecutors filing a case against a male suspect after two other men have been accused of seeking services from a woman described as a possible victim...
https://knews.kathimerini.com.cy/en/news/rumors-of-pegasus-purchase-by-cyprus-not-put-to-rest
The possibility that NSO sold Pegasus to Cypriot authorities remained unanswered last week when a Cypriot MEP grilled the company’s general counsel, who stopped short of saying who actually bought it...
https://knews.kathimerini.com.cy/en/business/alphamega-hypermarkets-more-deliveries-in-less-time
Alphamega Hypermarkets’ second distribution centre has been up and running for some time now, after being launched as part of the second phase of the Company’s e-commerce strategy. It is expected to help considerably in covering the demand island-wide for orders through the chain’s e-shop...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-offering-voluntary-retirement-plans-for-up-to-600-employees
The Bank of Cyprus is offering a Voluntary Retirement Plan to 500 - 600 employees of its employees in the hopes that it can reduce its number of employees in order to maintain profitability. ...
https://knews.kathimerini.com.cy/en/business/public-world-premiere-of-the-gt4-eperformance-at-the-festival-of-speed
The all-electric Porsche GT4 ePerformance has begun its world tour at the internationally-renowned Goodwood Festival of Speed. The tour is intended to highlight the potential of the vehicle concept and the associated racing formats....
https://knews.kathimerini.com.cy/en/business/20-years-of-the-cayenne-the-‘third-porsche-–-an-extraordinary-success-story
Ferry Porsche predicted it back in 1989: “If we build an off-road model according to our standards of quality, and it has a Porsche crest on the front, people will buy it.” He would go on to be proved right. ...
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/bank-of-cyprus-drives-sustainable-digital-innovation-in-financial-services-with-kyndryl
Kyndryl, the world's largest IT infrastructure services provider and Bank of Cyprus, the leading banking and financial services group in Cyprus, announced an agreement to expand their collaboration with a new five-year managed IT services program that advances the Bank’s ESG commitments through 2030, by supporting the Bank’s levels of service, giving access and visibility to its products to all stakeholders....
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.
...
https://knews.kathimerini.com.cy/en/business/spanish-airline-air-nostrum-has-just-ordered-a-fleet-of-airships
As the quest for less environmentally damaging aviation continues, one Spanish airline has thrown its hat into the ring by ordering new hybrid airships -- which pack as much of a punch visually as they are said to do environmentally....
https://knews.kathimerini.com.cy/en/news/us-fed-raises-interest-rates-by-75-largest-hike-in-30-years
The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....
https://knews.kathimerini.com.cy/en/business/the-15-branches-of-bank-of-cyprus-that-are-closing
The restructuring plan will go ahead by July 4 - There will be 60 left while it will also reduce ATMs...
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/business/ey-announces-4-new-partners-in-cyprus-and-welcomes-new-head-of-consulting
EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-why-are-we-all-working-so-hard
The idea that technology can liberate us from the drudgery of work is a powerful one. It has also been a powerful disappointment, at least so far....
https://knews.kathimerini.com.cy/en/news/mykonos-dk-oyster-bar-in-legal-hot-seat-for-overcharging
Two American tourists are taking legal action against a Greek beach bar after it charged them more than £500 for two drinks and a plate of crab legs....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-strengthens-the-cyprus-red-cross-for-the-9th-consecutive-year
The amount of €45,500 was raised with the contribution of its customers, from the sales of Favorina products....
https://knews.kathimerini.com.cy/en/business/cablenet-and-plume-fast-tracking-the-intelligent-home-evolution-in-cyprus
Cablenet, a leading Telecommunications provider in Cyprus, today announced the start of a new era in intelligent home services. ...
https://knews.kathimerini.com.cy/en/business/fee-free-cash-withdrawals-at-supermarkets-and-bakeries
Following an international trend, consumers in Cyprus will now be able to withdraw cash without a fee at participating supermarkets, bakeries, butchers and gas stations. The maximum withdrawal limit is set at 100 euros....
https://knews.kathimerini.com.cy/en/news/glamping-is-on-the-rise-and-hostels-are-coming-soon
In January 2020, Airbnb's were officially allowed to operate in Cyprus, giving tourists an alternate mode of accommodation on the island in addition to hotels and hotel apartments....
https://knews.kathimerini.com.cy/en/business/porsche-presents-the-exclusive-taycan-gts-hockenheimring-edition
To mark the 90th anniversary of the Hockenheimring, Porsche presents the first special edition based on its electric sports car: the Porsche Taycan GTS Hockenheimring Edition. ...
https://knews.kathimerini.com.cy/en/business/ikea-to-start-selling-solar-panels-in-us-stores
The popularity of solar has gone through the roof—and now IKEA is making it easier to install some panels on your roof....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-net-profit-of-€21-million-in-q1-and-a-record-of-new-loans
Bank of Cyprus group announced on Thursday a net profit of €21 million for the first quarter of 2022, compared to net profit of €8 million in the first quarter of 2021....
https://knews.kathimerini.com.cy/en/news/thousands-of-britain-s-fish-and-chip-shops-could-close-within-a-year
The United Kingdom's fish-and-chip shops are under severe strain as the prices of key ingredients — including cod and cooking oil — soar as a result of the Russian assault on Ukraine....
https://knews.kathimerini.com.cy/en/news/op-ed-esg-dei-and-other-acronyms-and-why-we-need-to-know-about-them-imho
Quite a few times I found myself receiving messages and having to pause and google search an acronym to understand its meaning. I’m sure I’m not alone, and it’s surely not just a Gen X symptom....
https://knews.kathimerini.com.cy/en/news/covid-curbs-lifted-in-greece-ahead-of-summer-season
Greece lifted Covid-19 restrictions on Sunday for foreign and domestic flights, its civil aviation authority said, ahead of the summer tourism season that officials hope will see revenues bouncing back from the pandemic slump....
https://knews.kathimerini.com.cy/en/news/amsterdam-airport-calls-on-airlines-to-cut-flights-amid-chaotic-crowds
Staff shortages exacerbated by a strike have caused huge delays at Amsterdam's Schiphol airport during the holiday season. The airport has now asked airlines to reduce the number of passengers by cutting flights....
https://knews.kathimerini.com.cy/en/business/ey-survey-growing-sustainability-risks-put-pressure-on-law-departments
Law departments around the world are facing a rising tide of risks relating to sustainability, but they do not feel that business leadership fully understands the implications, and they require additional resources to manage them effectively, according to a new study from EY Law and the Harvard Law School Center on the Legal Profession....
