https://knews.kathimerini.com.cy/en/news/rift-over-gas-cap-looms-over-eu-energy-crisis-plans
EU energy ministers meet in Brussels on Thursday to approve the latest set of emergency measures to mitigate an energy crisis, but the plans risk being eclipsed by disagreements over whether and how to cap gas prices...
https://knews.kathimerini.com.cy/en/business/europe-rushes-to-stock-up-on-russian-diesel-before-ban-starts
European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited....
https://knews.kathimerini.com.cy/en/business/cypriot-registered-ships-decrease-by-21-due-to-sanctions
A large number of tankers that previously sailed under European Union flags, such as Cyprus and Malta’s, are leaving those registers as a result of the sanctions on Russian oil transportation....
https://knews.kathimerini.com.cy/en/news/chevron-buys-time-as-cyprus-and-israel-still-negotiate
Chevron took a step back this month after it postponed the drilling of an appraisal well offshore Cyprus, a plan that initially caught Israel by surprise and prompted an impromptu visit to Nicosia last summer as the two countries have yet to resolve a dispute...
https://knews.kathimerini.com.cy/en/business/ey-cyprus-presents-the-transparency-report-2022
ΕΥ Cyprus has released its Transparency Report 2022, which provides an update on the firm’s efforts to execute high-quality audits, identify and mitigate risks and enhance trust in business and the capital markets, in support of sustainable, long-term value creation. ...
https://knews.kathimerini.com.cy/en/news/double-tax-treaty-talks-to-begin-between-cyprus-and-australia
Cyprus Finance Ministry has expressed satisfaction with the positive reaction of Australian authorities to initiate bilateral negotiations for the conclusion of the Convention for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance....
https://knews.kathimerini.com.cy/en/business/amazon-announces-immediate-layoffs-of-10-000-workers
Amazon plans to lay off approximately 10,000 employees from administrative and other positions in its technology departments....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-immigration-as-a-matter-of-national-survival
The migration issue, along with Turkey's ongoing threats and galloping inflation due to the explosion in energy prices, undoubtedly ranks first in the hierarchy of Cypriot citizens' concerns....
https://knews.kathimerini.com.cy/en/business/slower-economic-growth-expected-towards-end-of-year
The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn 2022 Economic Forecast which was presented on Friday by Commissioner for the Economy Paolo Gentiloni....
https://knews.kathimerini.com.cy/en/news/report-claims-3-4-companies-produce-spyware-in-cyprus
Cyprus's parliament opened an inquiry on Wednesday into the development of spyware on the island, after a draft European Parliament committee investigation report said it was an important export hub for the surveillance industry....
https://knews.kathimerini.com.cy/en/business/usa-republican-red-tide-fails-to-sweep-us-midterms
Republicans are favored to win the House of Representatives, but the fight for the Senate is on a knife edge....
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/business/13-billion-bcm-of-natural-gas-discovered-off-israel-s-shore
Energean PLC has announced a new commercial natural gas discovery of 13 billion cubic meters off the shore of Israel as a result of its exploratory drilling of the well dubbed Zeus-1. It has also confirmed the presence of an additional 3.75 bcm at its Athena site....
https://knews.kathimerini.com.cy/en/business/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/anastasiades-reveals-cypriot-initiative-on-climate-change-at-cop-27
The Cypriot initiative on climate change will be presented by the President of the Republic, Nicos Anastasiades, at the UN Climate Summit, COP27, which began on Sunday in Sharm El Sheikh, Egypt, amid growing calls for rich countries to compensate poorer ones and states most vulnerable to climate change....
https://knews.kathimerini.com.cy/en/news/cyprus-annual-inflation-rate-declines-to-8-6-in-october
Annual inflation rate for October expected to be 10.7% in the eurozone and 8.6% in Cyprus according to Eurostat estimates...
https://knews.kathimerini.com.cy/en/business/ey-holds-cyprus-attractiveness-forum-investment-realized-a-reference-point-for-fdi-in-cyprus
The Cyprus Attractiveness Forum: Investment Realized, organized by EY in collaboration with the Cyprus Chamber of Commerce and Industry, took place on Tuesday, October 25th at the Parklane Hotel, in Limassol. ...
https://knews.kathimerini.com.cy/en/news/ep-committee-in-cyprus-to-investigate-spyware-claims
A delegation from the European Parliament’s committee of inquiry to investigate the use of Pegasus (PEGA) and equivalent surveillance spyware arrives in Cyprus on Tuesday afternoon, as part of a joint mission in Cyprus and Greece.
PEGA gets a job in Cyprus - Why won't Drakou meet with the committee
It will investigate complaints about the development and use of spyware on the spot...
https://knews.kathimerini.com.cy/en/news/eurostat-electricity-prices-up-by-32-in-cyprus
In the first half of 2022, average household electricity prices in the European Union increased sharply compared with the same period in 2021, from 22.0 euros per 100 kWh to 25.3 euros per 100 kWh, according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/kyiv-80-of-households-have-no-access-to-running-water
According to Vitaly Klitschko, the mayor of Kyiv, new Russian missile strikes have cut off the water supply to 80% of residents and electricity to 350,000 households....
https://knews.kathimerini.com.cy/en/news/turkish-praise-for-israel-lebanon-deal-draws-greek-cypriot-response
Turkey has welcomed a historic maritime demarcation agreement between Israel and Lebanon that was finalized on Thursday, as Ankara hopes the US-brokered deal could serve as an example for resolving energy disputes on divided Cyprus, drawing reactions from Greek Cypriots...
https://knews.kathimerini.com.cy/en/news/german-chancellor-says-a-solution-can-be-found-on-speculative-gas-price-spikes
German Chancellor Olaf Scholz said on Thursday that EU energy ministers still have much work to do but a solution could be found to contain speculative spikes in gas prices....
https://knews.kathimerini.com.cy/en/news/clocks-fall-back-one-hour-on-october-30th
It's that time of year again when clocks fall back one hour, giving us some much-welcome sleep time....
https://knews.kathimerini.com.cy/en/news/op-ed-wim-van-aken-talks-recession-and-the-predictions-for-cyprus
We are facing a double shock. First, we had the Covid-19 shock and now the global and European economies are facing a new shock with the war in Ukraine. Both events are unprecedented for many of us....
https://knews.kathimerini.com.cy/en/news/government-transparency-and-a-single-cyprus-identity-on-the-campaign-agenda
The Cyprus problem, energy, green economy, public education, the calls for disclosure of information related to the Cyprus Investment Programme, and the failure of four independent candidates to run under a common candidacy, were the main topics of candidates' statements and activities on Thursday....
https://knews.kathimerini.com.cy/en/news/eu-leaders-burn-midnight-oil-on-gas-prices
European Union leaders ended another debate on the bloc's response to the energy crunch without agreement on whether to cap gas prices, deciding in the early hours of Friday morning to keep examining options to put a ceiling on costs...
https://knews.kathimerini.com.cy/en/news/cyprus-annual-inflation-rate-at-9-0-lower-than-eu-s-9-9
The euro area's annual inflation rate was 9.9% in September 2022, up from 9.1% in August and up from 3.4% a year earlier, according to figures published by Eurostat, the statistical office of the European Union....
https://knews.kathimerini.com.cy/en/news/us-opposed-to-a-turkish-russian-gas-hub
The State Department has expressed its opposition to Turkish President Recep Tayyip Erdogan's announcement yesterday of a gas hub in collaboration with Russia....
https://knews.kathimerini.com.cy/en/news/1091-attendees-at-the-digital-agenda-cyprus-summit-2022
The fifth Digital Agenda Cyprus Summit was a resounding success. On Monday, October 17, 1091 delegates attended the conference, filling the Nicosia Municipal Theatre to capacity despite the continuous rain. ...
https://knews.kathimerini.com.cy/en/business/petrides-we-will-not-impose-new-fuel-taxes
Finance Minister Constantinos Petrides stated that no new fuel taxes will be imposed, an obligation that should be met by the end of the year....