https://knews.kathimerini.com.cy/en/business/google-cutting-12-000-jobs
Google's parent Alphabet Inc said on Friday it is cutting about 12,000 jobs, or 6% of its workforce, as the technology sector reels from layoffs and companies stake their futures on artificial intelligence (AI)....
https://knews.kathimerini.com.cy/en/business/tesla-drastically-lowers-ev-pricing-in-the-us-and-europe
After steadily increasing prices over the past couple of years, Tesla has cut them drastically across its lineup in the US and Europe, in an apparent bid to boost sales. ...
https://knews.kathimerini.com.cy/en/business/fund-are-investing-in-cypriot-banks
Investing in Cypriot banks is becoming more common. The progress they have made in terms of the non-performing loan burden they have shed, their capital adequacy, which is characterized as good,...
https://knews.kathimerini.com.cy/en/business/amazon-to-layoff-18-000-employees
Amazon.com Inc's layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday....
https://knews.kathimerini.com.cy/en/news/young-mother-killed-in-new-year-s-eve-car-crash
A young mother in Limassol on her way to ring in the New Year was killed in a car accident when a car driven by her boyfriend veered off course, with their baby in the back seat said to be in critical condition...
https://knews.kathimerini.com.cy/en/news/prosecutors-say-inmate-was-tortured-to-give-up-password
Cypriot state prosecutors say an inmate who was killed inside Nicosia’s prison had been cruelly tortured for two days by a felon who demanded a password to check if nude photos of his wife were on the victim’s phone...
https://knews.kathimerini.com.cy/en/news/finance-ministry-cyprus-economy-will-not-enter-a-recession
There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...
https://knews.kathimerini.com.cy/en/news/cop-screams-at-wolt-drivers-during-protest-in-cyprus
Wolt drivers in the Republic of Cyprus carried on with demonstrations this week over working conditions and compensation, with one cop known as ‘Black Widow’ getting into a shouting match with food couriers who took to the streets of the capital...
https://knews.kathimerini.com.cy/en/news/power-cuts-averted-as-energy-grid-clash-rages-on
Electricity Authority of Cyprus (EAC) workers' unions announced the suspension of the measures scheduled for Wednesday, after an extraordinary meeting with the Minister of Labour and Social Insurance, Kyriakos Kousios and the agreement to arrange as soon as possible 'and in any case within the next week' a meeting with the Ministers of Energy and Finance on the issues of concern
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https://knews.kathimerini.com.cy/en/news/power-cuts-to-be-implemented-on-wednesday
The Cyprus Transmission System Operator (TSO) is developing a power cut schedule in collaboration with the Distribution System Operator (DSO) to ensure the security of the electricity generation system, with the plan so far providing for half-hourly power cuts in the Nicosia, Larnaca, and Famagusta districts....
https://knews.kathimerini.com.cy/en/news/cera-emergency-meeting-power-outage-risk
Since this morning, an emergency meeting of the Cyprus Energy Regulatory Authority (CERA) has been held to examine the situation that is expected to arise as a result of the Electricity Authority's guilds' decision not to put the six steam power units of the Dhekelia Power Plant into operation next Wednesday,...
https://knews.kathimerini.com.cy/en/news/prices-of-basic-consumer-goods-fluctuating-wildly
The average retail price levels in effect on December 7, 2022, compared to November 9, 2022, show that prices for basic consumer goods are staggering....
https://knews.kathimerini.com.cy/en/news/risk-of-power-cuts-next-week
Due to a disagreement between the management of EAC and its employees, the nightmare of a power outage next week will return in December....
https://knews.kathimerini.com.cy/en/business/fuel-price-cuts-have-begun
Following a month of price volatility, the Cypriot market should see a reduction in the cost of motor and heating fuels in the coming days....
https://knews.kathimerini.com.cy/en/business/2-november-newsletter-of-k-treppides-co-ltd-european-banking-authority
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/republicans-move-towards-a-majority-in-the-house
Republicans edged closer on Thursday to securing a majority in the U.S. House of Representatives while control of the Senate hinged on a few tight races, two days after Democrats staved off an anticipated "red wave" of Republican gains in midterm elections....
https://knews.kathimerini.com.cy/en/business/zuckerberg-says-sorry-as-meta-lays-off-1-000-employees
Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history....
https://knews.kathimerini.com.cy/en/news/anastasiades-urges-world-leaders-to-go-climate-neutral
President of Cyprus Nicos Anastasiades asked world leaders to walk the road towards climate neutrality and a future of green, sustainable, resilient economies and societies, during his intervention at the COP27, in Sharm el Sheikh on Tuesday....
https://knews.kathimerini.com.cy/en/news/deep-political-divide-in-the-us-as-midterm-elections-loom
In a stark closing argument ahead of the U.S. midterm elections, President Joe Biden on Monday warned that a Republican victory could weaken the country's democratic institutions, while former President Donald Trump hinted he could announce another White House bid as soon as next week....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/liz-truss-resigns
Liz Truss was on Thursday forced to quit as UK prime minister, drawing to a dramatic close 44 days in office which saw her preside over an economic meltdown and catastrophic damage to the ruling Conservative party....
https://knews.kathimerini.com.cy/en/news/are-milk-meat-and-coffee-still-affordable
According to the Consumer Protection Service's Price Observatory, price increases of up to 21% and price decreases of up to 13% were observed between September 14 and October 12....
https://knews.kathimerini.com.cy/en/news/imf-predicts-a-return-to-fiscal-surpluses-for-cyprus-following-the-pandemic
Cyprus’ public finances will return to surpluses in 2023 which will continue until 2027, the IMF said in its Fiscal Monitor 2022 issued on Wednesday....
https://knews.kathimerini.com.cy/en/news/iran-massive-protests-continue-after-the-death-of-mahsa-amini
Surrounded by a crowd chanting slogans, a woman picks up a pair of scissors and cuts off her ponytail, revealing her head. In a sea of people, many of them men, neither a hijab nor a headscarf is visible....
https://knews.kathimerini.com.cy/en/news/ec-to-force-energy-companies-to-share-their-profits
The European Commission plans to raise more than €140 billion to relieve consumers from soaring energy prices, according to Reuters, by "taking a chunk of the revenue from low-cost electricity producers and forcing fossil fuel companies to share their huge profits. ...
https://knews.kathimerini.com.cy/en/news/school-principal-in-hot-seat-after-smoke-bomb-prank
A student in Nicosia says he was assaulted by his high school principal, who gave his own version of events saying he was simply trying to identify the youngster during a smoke bomb prank on first day of class...
https://knews.kathimerini.com.cy/en/news/major-banks-across-europe-turning-off-hot-water-and-preparing-diesel-generators
Major banks across Europe are implementing measures in the workplace to cut down on energy consumption as Russia tightens its gas supply to the continent....
https://knews.kathimerini.com.cy/en/news/britain-s-new-pm-draws-scathing-reaction-from-moscow
Liz Truss will replace Boris Johnson as Britain's prime minister on Tuesday, after Russian politicians and media lined up on Monday predicting her ascent to power would do nothing to improve dire relations.
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https://knews.kathimerini.com.cy/en/news/liz-truss-becomes-britain-new-pm-after-johnson-fallout
Liz Truss will become Britain's next prime minister after winning a leadership race for the governing Conservative Party on Monday, vowing to press ahead with promised tax cuts and action to tackle the deepening energy and cost of living crisis....
https://knews.kathimerini.com.cy/en/news/tourist-pulled-off-flight-over-road-incident
A British male was denied boarding and got arrested at Larnaca airport on Friday following a road incident in Ayia Napa, where a local biker was injured after the two got into an argument over a rental car idling on the wrong side of the road...
