https://knews.kathimerini.com.cy/en/business/how-russian-uncapitalism-works
Like a private equity firm enacting an acquisition-led ‘roll-up’ in a fragmented sector, Putin and Co in Russian have been busy in recent years quietly taking scores of small banks into state ownership...
https://knews.kathimerini.com.cy/en/business/digital-transformation-of-health-services-is-indispensable
https://knews.kathimerini.com.cy/en/news/berengaria-sees-hope-on-the-horizon
Local media reported on Thursday that investors have been found for a potential revival of the historic Berengaria, with rumours pointing to renovation plans for the abandoned property in the Troodos Mountains...
https://knews.kathimerini.com.cy/en/business/uncertainty-reigns-across-international-tax-landscape
https://knews.kathimerini.com.cy/en/news/cyprus-asks-to-review-turkey-libya-deal
Τhe Republic of Cyprus has joined Greece in demanding to review two recent Turkey-Libya deals, with the Cypriot foreign minister accusing Ankara of extorting the memorandum from Tripoli...
https://knews.kathimerini.com.cy/en/news/turkey-says-greek-cypriots-spoiled-in-the-eu
Turkish Foreign Minister Mevlut Cavusoglu says his country’s continental shelf is not up for discussion, accusing Greeks and Greek Cypriots of holding maximalist and uncompromising positions....
https://knews.kathimerini.com.cy/en/business/cyprus-to-start-process-for-early-repayment-of-imf-loan-finance-minister-announces
Finance Minister Harris Georgiades announced on Tuesday that an official process will be launched for the early and full repayment of an IMF loan, following the repayment of a loan from Russia....
https://knews.kathimerini.com.cy/en/news/britain-s-thomas-cook-scrambles-for-£200-million-to-avert-collapse
Britain’s Thomas Cook needs to find an extra 200 million pounds to satisfy its lenders or one of the world’s oldest holiday company risks collapse, potentially stranding thousands of holidaymakers across Europe.
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https://knews.kathimerini.com.cy/en/business/britain-s-lse-seals-$27-billion-refinitiv-deal-to-create-data-giant
London Stock Exchange has agreed to buy financial information business Refinitiv in a $27 billion deal, it said on Thursday, in a move to transform the British company into a market data and analytics giant.
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https://knews.kathimerini.com.cy/en/news/s-p-affirms-bank-of-cyprus-ratings
Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...
https://knews.kathimerini.com.cy/en/business/digital-agenda-summit-brian-mcbride-asos-chairman-and-ceo-of-amazon-uk
Brian McBride is one of Britain’s foremost digital business leaders. For six years he served as Chairman of ASOS, the leading online fashion retailer. He is also Senior Non-Executive Director at electrical retailer AO.com and is Senior Adviser with Scottish Equity Partners. Outside his commercial interests he’s also a member of the Government’s Digital Advisory Board, which steers the digital delivery of Government services to the public.
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https://knews.kathimerini.com.cy/en/business/deutsche-bank-axes-18-000-jobs
https://knews.kathimerini.com.cy/en/news/1-israel-s-delek-considers-london-ipo-for-leviathan-and-aphrodite-gas-stake
https://knews.kathimerini.com.cy/en/news/interview-with-jeffrey-sachs
https://knews.kathimerini.com.cy/en/news/moody-s-upgrades-bank-of-cyprus-and-hellenic-bank
https://knews.kathimerini.com.cy/en/news/treppides-group-presence-in-malta-grants-exceptional-expertise-in-blockchain-technology
Treppides Group presence in Malta grants exceptional expertise in Blockchain Technology:How Cyprus can excel in legislation and become leader in EU taking advantage of Malta’s Recent Regulatory Framework in respect of Blockchain Technology and Virtual Financial Asset...
https://knews.kathimerini.com.cy/en/business/big-oil-digs-north-sea-s-final-frontier
https://knews.kathimerini.com.cy/en/news/cbc-releases-investment-funds-data
https://knews.kathimerini.com.cy/en/news/shell-companies-this-is-over-its-finished
https://knews.kathimerini.com.cy/en/news/google-staff-walk-out-over-women-s-harassment-and-inequality
https://knews.kathimerini.com.cy/en/news/astrobank-in-talks-to-buy-national-bank-of-greece-cyprus-unit
https://knews.kathimerini.com.cy/en/news/uk-parties-declare-support-for-cyprus-reunification
The main British political parties, as well as a pro-Cypriot group of MPs, have reiterated their support for the reunification of the island in recent statements addressed to the National Federation of Cypriots in the UK...
https://knews.kathimerini.com.cy/en/business/hellenic-mulls-over-selling-delinquent-loans
Hellenic Bank posted a €35 million net profit for the first half of 2018, with the bank’s CEO Ioannis Matsis stating that the bank is ready to launch a tender for the sale of a portfolio of non-performing exposures within the next six months...
https://knews.kathimerini.com.cy/en/news/forbes-calls-wilbur-ross-a-‘grifter
US Secretary of Commerce Wilbur Ross, the former vice-chairman of Bank of Cyprus, is being accused of being a grifter, following allegations that he swindled associates out of millions...
https://knews.kathimerini.com.cy/en/business/government-and-co-op-begin-consultations-with-bidders
https://knews.kathimerini.com.cy/en/business/co-op-receives-two-bids-in-good-bank-bad-bank-scenarios
The Cooperative Central Bank (CCB) announced on Monday it has received two bids as part of its privatisation process launched in March, with one bidder going after the ‘good bank’ scenario just as the European Commission approved the acquisition of Altamira Cyprus by a joint platform with CCB and one of the bidders...
https://knews.kathimerini.com.cy/en/business/sainsbury-s-and-asda-agree-13-3-billion-pound-merger
Sainsbury’s and Asda, the UK arm of Walmart, confirmed they had agreed a 13.3 billion pounds merger to create Britain’s biggest supermarket group by market share, surpassing current leader Tesco...
https://knews.kathimerini.com.cy/en/news/trump-and-macron-seek-stronger-measures-on-iran-as-deadline-looms
With a May 12 deadline looming for Trump to decide on restoring US economic sanctions on Tehran, Macron said he spoke to Trump about a “new deal”...
https://knews.kathimerini.com.cy/en/business/cyprus-recovery-is-being-recognised-by-international-agencies
Fitch does not currently anticipate developments with a high likelihood of leading to a downgrade...