https://knews.kathimerini.com.cy/en/business/ppc-becomes-new-owner-of-kotsovolos-in-€200-million-deal
In a significant development, PPC, the Greek energy company, has emerged as the new owner of the popular retail brand "Kotsovolos." This transition was facilitated through a deal with the British group Currys, valuing the acquisition at €200 million, entirely free from loans and lease obligations....
https://knews.kathimerini.com.cy/en/news/uk-accused-of-turning-a-blind-eye-to-israel-palestine-war
Concerns that the UK Foreign Office has neglected the Israel-Palestine conflict in its tilt to the Indo-Pacific and the pursuit of trade deals across the Middle East is to be investigated by the foreign affairs select committee....
https://knews.kathimerini.com.cy/en/news/reduced-fuel-and-heating-oil-prices-come-into-effect-today
The excise tax on fuel and heating oil in Cyprus has been reduced by 8.33 and 6.39 cents per litre, respectively, as announced by the government on October 19....
https://knews.kathimerini.com.cy/en/news/eni-launches-cyprus-drilling-operation-at-kronos-2
The Transocean Barrents floating drilling rig has set sail from Limassol and is en route to the Kronos field. It will conduct drilling operations on behalf of the Italian company ENI at the Kronos-2 target in Block 6 of the Cypriot Exclusive Economic Zone (EEZ), approximately 160 kilometers southwest of Cyprus, according to a report from CNA....
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/government-cuts-traffic-by-300-vehicles-daily-thanks-to-pame-express
The government enthusiastically embraced the introduction of an additional Pame Express route starting on October 30. Government spokesman Konstantinos Letymbiotis announced during a routine press briefing at the presidential residence on Tuesday that the Pame Express, which began its pilot phase on September 7, has been averaging around 700 daily trips. Estimates indicate that it is relieving the roads of approximately 300 private vehicles each day in this area.
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https://knews.kathimerini.com.cy/en/business/a-cheesy-dilemma-as-halloumi-faces-new-market-challenges
Amid renewed discussions on the PDO halloumi milk quota, a fresh challenge has emerged for producers and the competitiveness of the product. The market now sees products labeled as ''grilled cheese,''...
https://knews.kathimerini.com.cy/en/news/woman-kills-boyfriend-over-$30m-inheritance
A North Dakota woman fatally poisoned her boyfriend after learning about his plans to dump her — because he had inherited $30 million just hours earlier, police said....
https://knews.kathimerini.com.cy/en/comment/opinion/turkey-the-most-unreliable-ally-of-the-west
The latest developments in the Middle East after the terrorist actions of Hamas and the reaction of Israel have proven once again that Turkey does not want and does not belong to the Western alliance. Tayyip Erdogan’s decision to align himself with the extremist Islamists of Hamas and Iran clearly shows where the country is heading....
https://knews.kathimerini.com.cy/en/news/annual-inflation-drops-to-3-3-in-october
Annual inflation in Cyprus is projected to decrease to 3.3% in October 2023, a drop from 4.3% in September, as per preliminary estimates released by Eurostat, the statistical agency of the European Union....
https://knews.kathimerini.com.cy/en/news/minister-reveals-startling-quadrupling-of-cocaine-users-in-two-decades
The Minister of Justice and Public Order, Anna Koukkides Procopiou, revealed a significant rise in cocaine use in Cyprus, with the number of users estimated to have quadrupled in the past two decades....
https://knews.kathimerini.com.cy/en/news/austria-allocates-€33m-for-wrongly-convicted-gay-men
A historic proposal by the Austrian Ministry of Justice sees €33m set aside to compensate those who were wrongly convicted - but critics say the amount on offer is not enough....
https://knews.kathimerini.com.cy/en/news/eu-s-call-for-humanitarian-pauses-draws-attention-ahead-of-un-vote
European Union leaders have stopped short of calling for a ceasefire in Gaza, instead appealing for humanitarian “pauses” to provide aid, as the UN warned its operations were being “paralyzed” by Israel’s bombardment of the besieged enclave....
https://knews.kathimerini.com.cy/en/news/us-military-deploys-aircraft-to-greece-for-evacuation-contingency
The readiness to activate contingency plans for the evacuation of US nationals from Israel and Lebanon is the primary reason that a large number of US military transport aircraft have been transferred to Crete Air Base at Souda Bay in recent days....
https://knews.kathimerini.com.cy/en/news/biden-stresses-israel-s-dual-right-and-responsibility-in-war
In a press conference during the visit of Australian Prime Minister Anthony Albanese to the White House, President Joe Biden emphasized that Israel holds not only the 'right' but also the 'responsibility' to defend itself....
https://knews.kathimerini.com.cy/en/news/scammers-posing-as-doctors-exploit-elderly-woman-stealing-thousands
Another troubling case of fraud is under investigation by the Nicosia Police, as criminals impersonating medical professionals took advantage of a 68-year-old woman, leaving her thousands of euros poorer....
https://knews.kathimerini.com.cy/en/news/a-3-year-wait-and-a-2024-deadline-looms-for-gas-transport
Three years after the groundbreaking for the liquefied natural gas terminal, a project worth $289 million in euros has been initiated....
https://knews.kathimerini.com.cy/en/news/kedipes-prepares-60-million-euro-mortgage-to-rent-initiative
The sale of primary residences worth up to 350 thousand euros faces a potential new suspension. As of the end of October, no additional steps have been taken regarding divestments....
https://knews.kathimerini.com.cy/en/news/rare-96-year-old-macallan-whisky-to-fetch-over-$1-4m-at-sotheby-s-auction
A bottle of what Sotheby’s is calling “the most sought-after Scotch whisky” is set to go up for auction next month, with an estimated price of up to 1.2 million pounds ($1.4 million), the auction house said Thursday....
https://knews.kathimerini.com.cy/en/business/pfizer-doubles-price-of-lifesaving-covid-19-drug-to-$1-390
The price of the lifesaving COVID-19 antiviral medication Paxlovid will more than double as the United States transitions out of the emergency phase of the pandemic, drugmaker Pfizer said Wednesday....
https://knews.kathimerini.com.cy/en/news/biden-admin-criticized-as-official-resigns-over-israel-policy
A veteran US state department official has quit over what he described as the Biden administration’s “intellectual bankruptcy” in sending more weapons and ammunition to Israel, as Gaza health officials said Israeli bombing had killed more than 3,700 people....
https://knews.kathimerini.com.cy/en/news/assessing-the-dual-impact-of-government-s-support-measures
Recent days have witnessed crucial discussions surrounding measures to support households and businesses, a pressing necessity given the prevailing circumstances....
https://knews.kathimerini.com.cy/en/news/how-government-s-new-measures-will-cut-power-bills
The President of the Republic, Nicos Christodoulides, announced a total of 11 measures with a direct impact, totaling €141 million, along with six Housing Policy measures amounting to €55 million on Thursday (19/10)....
https://knews.kathimerini.com.cy/en/news/what-really-happened-at-the-gaza-hospital-explosion
In the midst of Israeli and Palestinian disputes regarding the bombing of Al-Ahli Hospital in Gaza, the BBC's Verify service is working to piece together the events by scrutinizing videos, images, and other evidence, including eyewitness accounts....
https://knews.kathimerini.com.cy/en/news/piki-shares-the-government-s-tech-powered-6-year-plan
The government is ramping up the execution of a series of projects, bolstering resources and expertise in collaboration with the Deputy Ministry of Research, Innovation, and Digital Policy, according to Irene Piki, Deputy Minister to the president....
https://knews.kathimerini.com.cy/en/news/mobile-units-lead-the-way-in-sustainable-disposal-and-awareness
Four mobile units are set to embark on a crucial mission across Cyprus, collecting hazardous household waste as part of a groundbreaking initiative established by the Ministry of Agriculture....
https://knews.kathimerini.com.cy/en/comment/opinion/the-surge-of-violence-in-the-middle-east
The latest escalation of conflict in the Middle East marks a pivotal moment in the ongoing Arab-Israeli dispute....
https://knews.kathimerini.com.cy/en/news/grazer-takes-crown-in-alaska-s-fat-bear-week
A "gutsy" brown bear described as "thicker than a bowl of oatmeal" has been crowned the champion of Alaska's annual Fat Bear Week competition....
https://knews.kathimerini.com.cy/en/news/senator-menendez-faces-explosive-new-charges-of-egypt-connection
US senator Robert Menendez, who is already facing corruption charges, has now been accused of acting as a foreign agent of Egypt.
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https://knews.kathimerini.com.cy/en/news/the-israel-war-s-impact-on-economy-and-energy-prices
Economists have been examining the inevitable economic consequences of the war in Israel, particularly its influence on fuel and electricity costs....
