https://knews.kathimerini.com.cy/en/business/russian-tycoons-secure-bargains-as-multinationals-retreat
In the post-Ukraine war era, a unique trend is shaping Russia's business landscape. Big Western players like McDonald's, Ball Corp., and Henkel AG made a swift exit, leaving behind a $21 billion void. Enter a new generation of Russian business leaders, seizing opportunities amidst the multinational exodus....
https://knews.kathimerini.com.cy/en/news/concerns-arise-over-alleged-poisoned-bait-tactics-among-cyprus-hunters
The Cyprus Animals Party has issued a statement expressing concern over reports of hunters allegedly deploying poisoned baits to obstruct fellow hunters from capturing hares. ...
https://knews.kathimerini.com.cy/en/news/central-banks-across-europe-hold-firm-amidst-rate-cut-speculations
Europe's top central bankers have affirmed that despite market expectations for a reduction due to weakening growth, interest rates will persist at elevated levels. ...
https://knews.kathimerini.com.cy/en/business/deloitte-celebrates-65-years-of-success-in-cyprus
This year marks 65 years of continuous successful presence for Deloitte in Cyprus. The company celebrated 65 years of ''making an impact that matters'' at an event held on 2 November, in the presence of all partners and staff. ...
https://knews.kathimerini.com.cy/en/news/why-astrobank-and-cdb-bank-couldn-t-agree-on-a-price
The deal between Astrobank and CDB Bank fell apart over a few million euros, even though they had given a "reason" and had agreed on the price in September 2023....
https://knews.kathimerini.com.cy/en/news/european-commission-demands-turkey-s-commitment-to-un-framework-on-cyprus
The European Commission’s annual report on Turkey’s EU accession process, presented in Brussels on Wednesday, stressed the need for a Cyprus settlement based on a bizonal bicommunal federation as the only solution that is acceptable by the EU....
https://knews.kathimerini.com.cy/en/news/seven-ways-to-boost-cyprus-economy-and-competitiveness
The Cyprus economy needs seven important pillars to respond to the increasingly volatile environment, achieve greater growth, gain a more resilient and competitive economy, and develop innovation and more growth potential, according to PwC CEO Philippos Soseilos....
https://knews.kathimerini.com.cy/en/business/championing-consumer-rights-in-the-digital-era
A Consumer Dialogue event titled "New Consumer Agenda - Challenges ahead" took place at the EU House in Nicosia, addressing critical aspects of consumer protection, consumer rights and obligations in an era marked by the challenges of digitalization and the green transition....
https://knews.kathimerini.com.cy/en/news/imperial-college-london-aids-in-wildfire-management
Cyprus is benefiting from the expertise of one of the world's leading scientific teams specializing in fire management. Professor Guillermo Rein's team from Imperial College London is currently in Cyprus to share their invaluable knowledge and research on a critical issue for the island: wildfires....
https://knews.kathimerini.com.cy/en/news/steady-sunshine-and-patches-of-fog
In the realm of weather, a gentle yet noticeable influence is gracing our area as weak high pressure takes hold. ...
https://knews.kathimerini.com.cy/en/news/central-prison-under-scrutiny-in-kalogeropoulos-murder-investigation
In a harrowing turn of events, the communities of Nicosia and Limassol find themselves on edge following two shocking murders that have left residents and law enforcement agencies deeply unsettled....
https://knews.kathimerini.com.cy/en/news/agios-silas-wildfire-sparks-emergency-response
A wildfire ignited on Monday afternoon in the vicinity of Agios Silas, Limassol, Cyprus, threatening dry grasslands and wild vegetation. The incident was reported to local authorities, and an immediate response was initiated to contain the blaze....
https://knews.kathimerini.com.cy/en/business/how-kotsovolos-fits-into-ppc-s-master-plan
The acquisition of "Kotsovolos" propels PPC's transformation into an integrated provider of products and services, reshaping the retail electricity market. By securing "Kotsovolos," PPC gains the means to offer a comprehensive range of services, from electricity and natural gas to cutting-edge energy solutions....
https://knews.kathimerini.com.cy/en/news/cyprus-s-mental-health-services-focus-on-prevention
In a world where the challenges of modern life continue to escalate, the importance of comprehensive mental health services cannot be overstated....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-and-hellenic-bank-upgraded-by-fitch
Fitch Ratings has delivered significant upgrades to the two largest Cypriot banks, Bank of Cyprus and Hellenic Bank, signaling a positive turn in Cyprus's economic landscape and a bright outlook for both financial institutions....
https://knews.kathimerini.com.cy/en/news/nicosia-chosen-for-eu-s-intelligent-cities-challenge
According to a press release issued by the Municipality of Nicosia, "the proposal has been selected to receive guidance from Commission experts for the creation of Local Green Deals, placing Nicosia at the forefront of the green and digital transition"....
https://knews.kathimerini.com.cy/en/news/fitch-upgrades-hellenic-s-long-term-rating-to-bb-with-stable-outlook
In a recent announcement, Fitch Ratings raised Hellenic Bank's long-term rating from "BB-" to "BB+" and assigned a stable outlook to the bank. The agency also upgraded the bank's Viability Rating (VR) to "bb+" from "bb-."...
https://knews.kathimerini.com.cy/en/news/sea-lice-disaster-hits-iceland-s-prominent-salmon-farm
Images of severely diseased, dead and dying salmon at an Icelandic fish farm, obtained by the Guardian, have been described by one veterinary expert as an “animal welfare disaster” on a scale never previously seen....
https://knews.kathimerini.com.cy/en/news/producers-and-importers-join-forces-to-tackle-tobacco-product-waste
Producers and importers of tobacco products with filters have embarked on a significant environmental initiative, aligning themselves with the European Directive 2019/904/EU....
https://knews.kathimerini.com.cy/en/news/private-labels-dominate-market-as-e-kalathi-falters
Disagreements over the specifics and philosophy of the bill concerning the creation of the e-kalathi electronic platform have led to an ongoing debate in the House Commerce Committee.
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https://knews.kathimerini.com.cy/en/news/€16-billion-in-energy-investments-for-2021-2030
Cyprus' investment footprint in the energy sector is small but not insignificant, with expected investments in the sector amounting to over €16 billion for the decade 2021-2030, experts said at the third and fourth sessions of the 11th energy symposium, organised by FMW and the Institute of Energy of South East Europe in Nicosia on Tuesday....
https://knews.kathimerini.com.cy/en/news/cabinet-approves-measures-to-combat-school-violence-and-delinquency
The Council of Ministers in Cyprus has given the green light to a series of measures aimed at preventing violence and delinquency, with a strong emphasis on the role of schools in addressing this issue....
https://knews.kathimerini.com.cy/en/news/survey-reveals-26-8-face-violence-from-students-in-cyprus
In Cyprus, a recent government school violence survey has revealed alarming statistics regarding the behavior of students and the treatment of teachers....
https://knews.kathimerini.com.cy/en/news/halloumi-talks-continue-as-stakeholders-seek-common-ground
In a meeting lasting over four hours on Monday evening at the Agricultural Research Institute in Aglandjia, discussions on the issue of halloumi concluded with a concise announcement from the Ministry. It was decided to continue talks with different stakeholder groups individually....
https://knews.kathimerini.com.cy/en/news/key-economic-issues-dominate-the-headlines
Despite various actions taken and a decrease in inflation, there are worries about the central bank's ability to achieve its goals. Some experts suggest that the target of 2% price growth, ...
https://knews.kathimerini.com.cy/en/business/techisland-launches-marcomms-community
TechIsland, Cyprus’ largest tech association with over 270 members, is set to launch a new professional group, the TechIsland MarComms Community. This initiative is aimed at fortifying the marketing and communications sector in the country’s rapidly evolving tech industry....
https://knews.kathimerini.com.cy/en/news/the-toxic-side-of-cyprus-mushroom-gathering
Mushroom enthusiasts in the mountainous regions of Cyprus have been treated to a bountiful mushroom-picking season thanks to the satisfactory rains of October....
https://knews.kathimerini.com.cy/en/news/larnaca-s-palm-beach-embraces-major-renovation
The Palm Beach Hotel & Bungalows in Larnaca will be renewed and upgraded as part of its transformation into the Palm Beach Resort....
https://knews.kathimerini.com.cy/en/news/7-000-tons-of-halloumi-on-the-brink
Official Ministry of Agriculture data have unveiled a critical situation in the halloumi production industry, a beloved and essential product in Cyprus....
https://knews.kathimerini.com.cy/en/news/tightened-lending-criteria-and-reduced-loan-demand-in-q2-2023
During the second quarter of 2023, lending criteria for both businesses and households in Cyprus remained stringent, with banks exercising caution....
