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1741. Bank of Cyprus posts net profit of €21 million in Q1

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....

1742. The next three days are crucial for Emilianidou

1743. K. Treppides & Co Ltd: Digitalization of the Global Tax Administration

In the era of the coronavirus pandemic, the digital revolution, and the ever-evolving globalization, the digitalization of the tax administration seems to be a one-way route. But what exactly is the digitalization of the tax administration and how this will affect the tax function around the globe?...

1744. EY Cyprus offers Summer Internship Programmes to university and high school students

EΥ Cyprus continues to invest in the younger generation, offering students the opportunity to enhance their skills through its Summer Internship Programmes. ...

1745. US Diplomat: 'It would be political suicide if Putin withdraws'

An interminable and unwinnable war in Europe? That’s what NATO leaders fear and are bracing for as Russia’s war in Ukraine grinds into its third month with little sign of a decisive military victory for either side and no resolution in sight....

1746. Marcos myths lift dictator’s son to power in Philippines

A video posted in 2020 on YouTube claims the French astrologer Nostradamus predicted the outcome of this week’s presidential election in the Philippines....

1747. Migration officials on alert after unexplained fires

Officials in Cyprus are investigating several fires that broke out at Pournara migrant facility in rural Nicosia, while an investigation into another blaze at apartment building in Larnaca was inconclusive after foreign nationals had to evacuate late at night...

1748. Bodies found in Lake Mead renew interest in Vegas mob lore

Las Vegas is being flooded with lore about organized crime after a second set of human remains emerged within a week from the depths of a drought-stricken Colorado River reservoir just a 30-minute drive from the notoriously mob-founded Strip....

1749. 'A historic day': British bases lifts restrictions on civilian property development

Eight years after the signing of a bilateral Arrangement between Cyprus and the UK, the SBA is today lifting restrictions on property development on 200 square kilometers of non-military areas within the bases....

1750. K. Treppides & Co Ltd: Pillar Two on a Global Minimum Taxation

On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....

1751. Plastic waste could be a thing of the past thanks to a new enzyme

Plastic waste dumped in landfills could be cleared sooner than expected after engineers developed an enzyme that can break it down in just a few hours....

1752. 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....

1753. K. Treppides & Co Ltd: Letting your property in Cyprus through online platforms (e.g. Airbnb)?

The economy of Cyprus is largely dependent on tourism, and this is evident from the fact that government revenues from tourism accounted for over 12% of Cyprus GDP in year 2019 (in accordance with publicly available statistics extracted pre Covid-19 pandemic). ...

1754. Census takers face hostility in Cyprus

Census workers in Cyprus are facing hostile residents during the ongoing campaign, as many citizens say they are worried about their personal information also being collected for sinister purposes...

1755. Land earthquake and aftershocks hit Cyprus

A 4.7 magnitude earthquake struck Cyprus on Tuesday night, with the shaking felt in many districts across the island and throughout the region...

1756. Zelensky gets face-to-face pledge from US

Washington's top diplomat and defense secretary both visited Kyiv on Sunday, and used the first official US visit to Ukraine since Russia invaded two months ago to announce a gradual return of US diplomats to the country and the nomination of a new ambassador...

1757. Moscow calls Athens out over diplomatic choices

Maria Zakharova released a statement on Friday warning that 'historical parallels' between Greece and Russia were in danger of becoming 'a solid double line between us' while focusing on Greece’s decision to declare 12 Russian officials personae non gratae on April 6 ...

1758. Three women jailed in ‘illegal brothel’ case

Three women initially suspected of being sex trafficking victims have been arrested in Nicosia on suspicion of taking part in the running of an illegal brothel, with police securing eight-day remands but declining to specify any provisional charges against them...

1759. Test drive tag misuse out in the open

The Transport Department is getting more negative publicity this week after information about widespread misuse of test drive tags reached lawmakers, with the minister vowing to tackle corruption from one scandal to the next...

1760. UNIC Pharmacy Student Selected for Prestigious Lindau Nobel Laureate Meeting

Mr. Angelos Odyseakis, a University of Nicosia fourth-year Pharmacy student, has been selected to participate in the upcoming 71st Lindau Nobel Laureate Meeting dedicated to Chemistry, joining a select cohort of 600 young scientists from around the world that will engage with more than 30 Nobel Laureates....

1761. Urgency and skepticism clash as west probes chems in Ukraine

Moscow says claims by American officials about the possibility of Russia using chemical weapons in Ukraine were 'baseless' as politicians and experts were becoming more skeptical about Kiev’s allegations...

1762. NYC subway station shooting leaves multiple wounded

The New York Police Department confirmed that a shooting took place at a Brooklyn subway station Tuesday morning during peak commuting hours for employees headed into Manhattan....

1763. More than 100 private jets owned by Russian oligarchs are stuck in Dubai

Private jets belonging to Russian oligarchs that flew to Dubai to seek refuge from sanctions, following Russia's invasion of Ukraine are effectively stuck there, The Wall Street Journal reported....

1764. Finland and Sweden could join NATO in the summer

Finland and Sweden could soon join NATO, moves that would likely infuriate Moscow and that officials say would further underscore Russia's strategic error in invading Ukraine....

1765. Property sales hit 14-year high in Cyprus

Property sales in March, as measured by the number of sale contracts deposited at Land Registry offices, hit a 14-year high according to figures released by the Department of Lands and Surveys....

1766. No more masks outdoors and an end to Safe Pass

The Cabinet of Ministers adjourned at noon today, but not before approving a set of new relaxed covid measures put forth by the Scientific Advisory Committee after yesterday's assessment and meeting with the Minister of Health Michalis Hadjipandelas....

1767. Saharan desert dust persists after third consecutive day

Dust originating from the Saharan desert continues to plague Cyprus and the eastern Mediterranean basin for a third consecutive day, the Cyprus institute has said warning people to remain indoors....

1768. Cyprus feels quake as hypersonic race continues

Reports of an earthquake felt along the western coast of Cyprus on Tuesday were quickly dismissed by officials, who said no seismic activity had been picked up by instruments despite residents saying they heard a noise shaking their windows...

1769. Russia teetering on brink of default as US stops bond payments

The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at U.S. banks, in a move meant to ratchet up pressure on Moscow and eat into its holdings of dollars....

1770. Ministry of Health: Free healthcare for Ukrainian refugees in Cyprus

The Ministry of Health announced today that Ukrainian refugees who have already applied for temporary protected status and who need healthcare treatment can go to public medical centers/public hospitals located all over Cyprus. ...