https://knews.kathimerini.com.cy/en/business/porsche-hits-the-brakes-on-taycan-ev-sales-over-fire-risk
Porsche has temporarily pulled some of its Taycan electric cars from UK showrooms due to concerns about potential battery fires. The Taycan, a luxury EV that launched in 2019, has been hit with several recalls over the years, and now, safety worries are putting the brakes on sales again....
https://knews.kathimerini.com.cy/en/news/phedon-phedonos-sounds-the-alarm-drugs-in-schools-fake-degrees-on-the-rise
In a fiery new round of revelations, Paphos Mayor Phaidonas Faidonos has raised the alarm over what he says is rampant drug trafficking in Cyprus’ schools and an emerging academic scandal he calls the new ''Golden Degrees.''...
https://knews.kathimerini.com.cy/en/news/paphos-mayor-accuses-police-of-breach-and-political-cover-up
Paphos Mayor Phedonas Phedonos has launched a scathing attack on the chief of police, accusing him of breaking a promise, compromising his safety, and politicizing law enforcement, all while raising the alarm on alleged money laundering in Cyprus by Latin American drug cartels....
https://knews.kathimerini.com.cy/en/news/they-knew-but-didn-t-warn-the-public
Even after lives were lost and families shattered, Cyprus’ Road Transport Department failed to properly inform the public about the dangers of defective Takata airbags....
https://knews.kathimerini.com.cy/en/business/why-electric-vehicle-grants-are-being-put-on-hold
The Cyprus Ministry of Transport has reduced its electric vehicle (EV) grant allocation due to low demand, scaling back funding from €38 million to €32.8 million. ...
https://knews.kathimerini.com.cy/en/news/trump-unveils-$5m-‘trump-card-for-citizenship-is-it-right-out-of-the-cyprus-playbook
In classic Trump fashion, the president made headlines yet again—this time mid-air aboard Air Force One—by unveiling a new “Trump Card” aimed at wealthy foreign investors....
https://knews.kathimerini.com.cy/en/business/toyota-opens-emergency-center-for-takata-airbag-replacements
Toyota Cyprus has announced the opening of a dedicated emergency center at the Cyprus State Fair in Nicosia starting April 7. The goal? To accelerate the replacement of faulty TAKATA airbags in thousands of Toyota vehicles imported from non-European markets without official Toyota approval....
https://knews.kathimerini.com.cy/en/news/drugs-violence-and-fear-as-cyprus-schools-face-growing-crisis
Concerns are mounting over increasing drug use, violence, and delinquency in Cyprus' schools, with experts and officials warning that urgent action is needed....
https://knews.kathimerini.com.cy/en/news/car-with-recalled-takata-airbag-nearly-causes-fatal-crash
A recalled vehicle equipped with a faulty Takata airbag was involved in a serious accident last week, raising fresh concerns over the ongoing safety risks of these defective airbags....
https://knews.kathimerini.com.cy/en/comment/opinion/takata-airbag-crisis-and-cyprus-s-failure-to-act
The case with the problematic car airbags and the authorities rushing in to try to withdraw vehicles with defective Takata airbags from circulation reveals the enormous responsibilities of those who handled the issue politically and technocratically over the last thirteen years....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-s-car-market-is-a-tangled-mess
On Monday, February 3rd, manufacturers decided to immobilize 138 vehicles due to the risk of faulty TAKATA airbags, and another 138 due to brake issues....
https://knews.kathimerini.com.cy/en/news/tesla-recalls-cars-in-cyprus-over-faulty-takata-airbags
Tesla has issued a recall for 26 vehicles in Cyprus due to faulty Takata airbags, raising concerns for local owners of the electric car brand....
https://knews.kathimerini.com.cy/en/business/nasdaq-listed-freedom-24-is-making-its-mark-in-cyprus-and-beyond
When Timur Turlov, the CEO of Freedom Holding Corp., set his sights on Cyprus, he saw more than just a financial hub—he saw opportunity. In a market where fintech companies are staking their claims, ...
https://knews.kathimerini.com.cy/en/comment/opinion/why-are-cypriot-businesses-being-sold-off-to-foreign-interests
Greek businesses have made a significant impact on the Cypriot market, investing across virtually every sector—from real estate and hospitals to supermarkets, toy stores, energy, electronics, car dealerships, and even banks....
https://knews.kathimerini.com.cy/en/news/50-000-vehicles-in-cyprus-face-recall-over-defective-takata-airbags
Cyprus could see up to 50,000 cars recalled due to the dangerous Takata airbags, a defective part responsible for deaths and injuries around the world, including in Cyprus. ...
https://knews.kathimerini.com.cy/en/business/cyprus-dot-warns-drivers-about-takata-airbag-recalls-check-your-car-now
The Department of Road Transport (DOT) has issued an important reminder to vehicle owners in Cyprus about the ongoing recall of vehicles with defective parts, including Takata airbags. ...
https://knews.kathimerini.com.cy/en/news/are-you-driving-an-unsafe-car-gaps-in-recall-alerts-spark-concern-in-cyprus
Car safety in Cyprus is under the spotlight as gaps in the vehicle recall system are leaving drivers unknowingly at risk. ...
https://knews.kathimerini.com.cy/en/business/cyprus-plans-€10-000-cash-limit-to-fight-money-laundering
According to Kathimerini's Pavlos Neophytou, the Cyprus government is considering a new law to cap cash transactions at €10,000 for buying goods and services, aiming to crack down on money laundering. ...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-praised-for-stronger-sanctions-enforcement-by-us
US sanctions imposed on entities and individuals in Cyprus are not targeting the country, but “oligarchs and arms traders” enabling “the Kremlin war machine” to continue the war in Ukraine......
https://knews.kathimerini.com.cy/en/business/the-$10-billion-plan-to-rebuild-cyprus-s-ghost-town
The Turkish newspaper Sözcü has drawn attention to Varosha, an abandoned area in Famagusta, calling it the "Las Vegas of the Mediterranean." The paper says it would take $10 billion to bring the ghost town back to life after being abandoned for 50 years....
https://knews.kathimerini.com.cy/en/news/china-s-leader-targets-hungary-serbia-for-investments
Chinese leader Xi Jinping will spend most of his five-day tour in Europe this week in two small countries in the continent’s eastern half, a region that Beijing has used as a foothold for its expanding economic ambitions in Europe....
https://knews.kathimerini.com.cy/en/news/cyprus-ends-fuel-tax-break-prices-set-to-spike-from-april-1st
Starting April 1st, the reduced consumption tax on fuels (95-octane gasoline and diesel) will come to an end, reverting to 8.3 cents per liter for gasoline and 6.3 cents per liter for heating oil....
https://knews.kathimerini.com.cy/en/news/paphos-mayor-calls-for-immediate-action-amid-escalating-crime-wave
The Mayor of Paphos, Phedonas Phedonos, expressed deep concern over a recent spike in criminal activities over the past 25 days, urging immediate action from the State to demonstrate political will....
https://knews.kathimerini.com.cy/en/business/stellantis-group-shifts-gears-in-cyprus-hands-dealerships-to-cic-automasters
In a significant development for Stellantis Group's car dealerships in Cyprus, the renowned global car manufacturer is set to transfer operations to CIC Automasters Group. ...
https://knews.kathimerini.com.cy/en/news/turkey-pardoning-is-as-american-as-apple-pie
Continuing a tradition that dates back to 1947, President Joe Biden celebrated his 81st birthday on Monday by pardoning two turkeys, Liberty and Bell. ...
https://knews.kathimerini.com.cy/en/news/stolen-masterpiece-emerges-in-lancashire-after-60-years
A painting stolen from a New York gallery 60 years ago in a daring $1 million heist has turned up 3,300 miles away in Lancashire....
https://knews.kathimerini.com.cy/en/news/guardian-russian-money-flows-without-questions-in-the-occupied-territories
In the Turkish-occupied northern Cyprus, an influx of Russian speakers, particularly from the former Soviet Union, has turned the area into a real estate hotspot. ...
https://knews.kathimerini.com.cy/en/business/the-ikea-inspired-eco-car-that-will-be-delivered-flat-packed
It isn’t likely to be your next home DIY project, but there is a company that’s looking to turn IKEA’s flat-packed furniture design into cars....
https://knews.kathimerini.com.cy/en/business/lexus-reliably-number-one-for-reliability
Fashions come and fashions go, but with each year that passes Lexus reliability remains constant. The lasting quality of its vehicles has been validated yet again with the number one ranking in the annual What Car? Reliability Survey for a seventh time....
https://knews.kathimerini.com.cy/en/news/animal-welfare-and-permit-disputes-fuel-tensions-as-bears-remain-in-limbo
Menelaos Menelaus, commonly known as "Melios," has spoken out about the presence of two bears discovered on his premises, which used to operate as a zoo....