Search

1201. 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....

1202. Nicosia jittery about US demand to ban vessels

The Republic of Cyprus reportedly has concerns over a US request to ban vessels transporting Russian oil, with the small island but major maritime player feeling pressure as Washington leads a G7 effort to sharply reduce Russian oil revenue...

1203. Germany a step closer to rationing after Russia cuts gas supplies

The German government formally placed its energy market on a war footing Thursday over Russia's sharp reduction of gas supplies, telling households to reduce consumption and warning that industrial output will be hit. ...

1204. 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. ...

1205. Helmetless passenger killed in brutal collision

A young man riding on the back of a motorcycle was killed in Limassol on Friday following a collision near Tsirio stadium, with police later arresting the car driver citing a traffic accident investigation...

1206. Cypriots to get state app to report bad roads

Transport Minister Yiannis Karousos has confirmed plans for the general public eventually getting access to a pothole mobile application to report all sorts of problems within the Cypriot road network...

1207. Here's why Volkswagen Beetles now cost $600,000

German outfit Milivié Design is offering restored and modernized versions of the original VW Bug for $600,000, but there's a reason for the hefty price tag....

1208. 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....

1209. Tourist dies in motorcycle accident in Paphos

A male tourist in Paphos was killed in an accident over the weekend when his motorcycle collided with another vehicle, while his female passenger ended up being hospitalized in the capital on life support...

1210. Elderly man in midtown accident succumbs to injuries

An elderly man in Nicosia succumbed to his injuries on Friday, one week after he was struck by a car as he was trying to cross the road in the midtown area...

1211. '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. ...

1212. 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....

1213. Gaston Taratuta from Argentina named EY World Entrepreneur Of The Year™ 2022

Gaston Taratuta, Founder and CEO of Aleph Group, Inc. was named EY World Entrepreneur Of The YearTM 2022 at an award ceremony held in Monte Carlo on Thursday, June 9....

1214. How likely is a Greek-Turkish military conflict?

"Conflict over the Aegean Islands: Erdogan Threatens Europe with Next War." This is the title of a comment by the Greek-born editor-in-chief of the Munich newspaper Münchner Merkur, George Anastasiadis, on Turkey's new threats against Greece over sovereign rights in the eastern Aegean islands....

1215. Deadly road crashes mar another holiday weekend

Three men were killed on the road in two different districts over the long holiday weekend, with Paphos police arresting a hit-and-run driver who says he panicked and Ayia Napa authorities confirming a young man was driving after consuming mood-altering drugs...

1216. 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. ...

1217. Car ploughs into crowd in Berlin killing one and injuring others

One person has been killed and at least a dozen more injured after a car drove into a crowd on a busy Berlin street....

1218. 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....

1219. The biggest scam in higher education - the master's degree

It's graduation season. Over the past couple of weeks, some 2 million college students have earned their bachelor's degrees and headed off to the next stage of their lives....

1220. Road victim tried to flag down bus that killed him

New details emerged in a fatal accident investigation involving a bus and a pedestrian on a highway south of Nicosia, with reports saying a foreign male on foot had crossed lanes to wave down the driver...

1221. New Research Shows What’s Driving Resilience and Regeneration in Today’s Global Family Businesses

Annual report from KPMG Private Enterprise and the STEP Project Global Consortium highlights how emotional attachment to one’s organization and the ability of next-gens to take risks and experience life outside the family business are critical elements of future business success....

1222. 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....

1223. Truck driver dies in mountain road accident

A truck driver transporting bottled water in rural Limassol was killed on Friday when he failed to negotiate a curve on a mountain road exactly where other road fatalities took place in the past...

1224. Global IPO market experiences significant slowdown in Q1 2022

1225. 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. ...

1226. 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. ...

1227. Slight rise in economic sentiment in May

Economic sentiment in Cyprus improved slightly this May as the Economic Sentiment Indicator (ESI-CypERC) increased by 1.1 points compared with April 2022, according to the results of the Business and Consumer Survey of the Economics Research Center of the University of Cyprus....

1228. Op-ed: America has more guns than any other country

America has been shaken — once again — by mass shootings. On May 14, a gunman killed 10 people in a supermarket in Buffalo. On Tuesday, at least 19 children and two adults were killed in Uvalde, Texas. ...

1229. Driver’s legal status unknown after donkey deaths

The legal status of a Greek Cypriot driver in police custody in the north was still unknown on Tuesday following a road incident that caused the death of three donkeys in the Karpas peninsula...

1230. British Museum: Parthenon marbles 'taken from rubble'

The dispute over the Parthenon sculptures has deepened after Greece rejected a claim by the British Museum that much of the statuary, removed at the behest of Lord Elgin, was retrieved “in the rubble” around the monument....