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601. Businesses must address digital fatigue and consumer privacy

602. Bank of Cyprus revises Privacy Statement

Bank of Cyprus has revised its Privacy Statement relating to the processing of personal data of natural persons...

603. GoGordian, the new player in property investment

604. Cops build case following vice raid

A married couple has been remanded in custody in connection with their involvement in an illicit massage parlour business where foreign women worked part-time offering erotic services to male clients including handjobs...

605. 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...

606. Greek golden visa system in a bind

Greece’s Golden Visa program, offering five-year residence permits to non-European Union citizens who invest at least 250,000 euros in local property, appears to have become a victim of its own success...

607. Financial Services towards Artificial Intelligence and Machine Learning

Artificial Intelligence in general and machine learning in particular, is not a new concept, but it is only in recent years that financial services firms have started to learn about and understand its full potential...

608. Smoke scare on flight out of Cyprus

Passengers on a flight from Larnaca to London had to spend the night in Athens after their British Airways flight had to make an emergency landing due to a smoke warning in the cabin...

609. 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. ...

610. Cyprus hotels to take a €60 million hit as thousands stranded by Thomas Cook collapse

Officials at the Deputy Ministry of Tourism are scrambling to ascertain the impact of the collapse of Thomas Cook on the Cypriot hotel industry. ...

611. Thomas Cook goes bust

The world’s oldest travel firm Thomas Cook collapsed on Monday, leaving hundreds of thousands of holidaymakers stranded around the world including Cyprus ...

612. Britain's Thomas Cook scrambles for £200 million to avert collapse

Britain’s Thomas Cook needs to find an extra 200 million pounds to satisfy its lenders or one of the world’s oldest holiday company risks collapse, potentially stranding thousands of holidaymakers across Europe. ...

613. Two women busted in prostitution sting

Two foreign women arrested in an undercover prostitution sting in Larnaca are facing charges of illegal gains while also being charged with violating immigration rules...

614. German giant acquires Foody

Cypriot startup Foody has been acquired by a German food delivery giant in a friendly takeover reaching dozens of countries all over the world...

615. Woman still wanted in Larnaca travel scam

Police are asking members of the public to help locate a Larnaca woman who is wanted in connection with a suspected travel scam...

616. British Airways flights disrupted by IT failures

Problems with British Airways’ IT systems left thousands of passengers facing flight cancellations, delays and long queues at airports in the airline’s third major computer failure in a little more than two years. ...

617. Exceeding expectations

In the eight months of its operation, Nicosia Mall has surpassed expectations. Following the triumphant opening in November 2018 and the resounding welcome by consumers, the capital’s newest shopping mall has been steadily and assuredly pulling in crowds and converting them into devoted customers. The outstanding traffic as well as the levels of satisfaction and observed visitor loyalty, which are examined on a quarterly basis through surveys, are a testament that a thoughtfully planned retail destination and a customer centric approach can yield success. Most importantly, the data available foretells a bright future ahead...

618. 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. ...

619. 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. ...

620. IKEA branches out to Limassol

IKEA is reaching out to Limassol fans and beyond, with a new Planning Studio location now open in the southern town...

621. Digital Agenda Summit: Brian McBride, ASOS Chairman and CEO of Amazon UK

Brian McBride is one of Britain’s foremost digital business leaders. For six years he served as Chairman of ASOS, the leading online fashion retailer. He is also Senior Non-Executive Director at electrical retailer AO.com and is Senior Adviser with Scottish Equity Partners. Outside his commercial interests he’s also a member of the Government’s Digital Advisory Board, which steers the digital delivery of Government services to the public. ...

622. New law criminalizes sex buyer behaviour

The House has passed a law criminalizing customers who pay for sex with trafficked women, while it rejected an amendment that would provide a legal recourse for defendants who use a plea of ignorance as their defence...

623. Apple Pay now available to Bank of Cyprus customers

624. GCC awarded by Hewlett Packard Enterprise Southern Europe

Hewlett Packard Enterprise Southern Europe named GCC as “Top Solutions Provider Partner of the Year” for Greece and Cyprus markets ...

625. Cyprus and Greece pay the highest prices in Europe for milk, cheese and eggs

626. The Cypriot company that feeds the world with coal

Carbo One Ltd is one of the biggest players in the world coal market with an almost 20 year experience, circulating more than 75 million tons of the good...

627. Motive behind tanker attacks unclear

628. Bank employee arrested for stealing €185,000

A former bank employee has been arrested by Limassol police after an internal audit reportedly discovered suspicious patterns and anomalies in connection with customers’ bank accounts...

629. KPMG in Cyprus presented the launch of its KPMGScienceShop

630. Electricity prices to rise 5% in June