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61. Twitter closes its offices: Chaos in the aftermath of Musk's 'ultimatum'

Hundreds of Twitter employees are expected to leave the company after new owner Elon Musk issued an ultimatum requiring employees to work "long hours at high intensity" or leave....

62. Layoffs begin at Twitter as offices temporarily close

Twitter Inc temporarily closed its offices on Friday after telling employees they will be informed by email later in the day whether they are being laid off....

63. Progressive school offering Waldorf and IB curriculums opens in the Limassol highlands

Tucked away in the mountains of Limassol, about 20 minutes from the sea, you’ll find a school like no other....

64. New Twitter owner Elon Musk fires top execs

Elon Musk became Twitter Inc's owner on Thursday, firing top executives and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform...

65. Bin Salman granted US immunity for Khashoggi murder

The US has determined that Saudi Arabia's de facto leader - Crown Prince Mohammed bin Salman - has immunity from a lawsuit filed by murdered journalist Jamal Khashoggi's fiancée....

66. Evidence from defendants' computers and phones excluded from trial

Following the Supreme Court's decision to overturn the court order to search Christakis Tziovanis and Antonis Antoniou's telecommunications data, an important development has occurred in the Al Jazeera case....

67. ‘We don’t need women to behave like men’

Nanna-Louise W. Linde is the vice president for European Government Affairs at Microsoft. An imposing presence, former model and mother of three, her life looks like something out of an episode of the Netflix series “Borgen” – she is Danish after all....

68. Crucial countdown as Cyprus moves to block Lone Star

Private equity firm Lone Star has until Friday to submit a binding offer to buy the Bank of Cyprus, but the island’s largest financial institution could be out of reach as the House is expected one day earlier to vote on a bill that would authorize the government to block a hostile takeover on security grounds...

69. Self check-in and robots - the future of tourism in Cyprus

70. The economy and Turkey's East Med push dominated candidate's talking points this week

The development of the economy, the basic positions of the Committee of Occupied Municipalities on the Cyprus problem and Turkey's activities in the Eastern Mediterranean are the main talking points of the presidential candidates this week....

71. Cyprus scrambles to block hostile bank takeover

The government in the Republic of Cyprus is racing against the clock to arm itself with legal tools to prevent a takeover of the country’s biggest bank by an American private equity firm, which has until next month to submit a final offer that some shareholders may find hard to resist...

72. President signs controversial foreclosure law

A controversial foreclosure bill has been signed into law in the Republic of Cyprus over the objection of the country’s finance minister who accused lawmakers of populism...

73. ‘Erdogan feels weak,’ says ex-Mossad chief

With 42 years' worth of experience in the armed forces and intelligence, General Danny Yatom is a living legend in Israel....

74. K. Treppides & Co Ltd: Benefits in Kind

There are a number of commercial benefits that come with registering the property in the name of a legal entity rather than as an individual e.g. for asset protection purposes as it provides protection against personal insolvency since a property that is in the name of a legal entity should not be affected should the individual becomes personally insolvent....

75. Putin will restart gas pipeline to Europe, but with conditions

Russian President Vladimir Putin signaled that Europe will start getting gas again through a key pipeline, but warned that unless a spat over sanctioned parts is resolved, flows will be tightly curbed....

76. Abortion debate spills over into Cyprus

Officials in the Republic of Cyprus say sexual and reproductive rights of women on the island are being trampled in the absence of clear protocols, with access to abortion and long-term contraception being put on the line in the southern part...

77. Abortion banned in multiple US states a mere hours after Roe v Wade overturned

Abortion was already illegal in multiple US states on Saturday, with bans introduced within hours of Roe v Wade being overturned, as cities erupted in protest at the landmark ruling. Abortion banned in multiple US states just hours after Roe v Wade overturned ...

78. Can something really come from Nothing?

A consumer electronics start-up called Nothing has secured financing of more than $200mn to launch its debut smartphone, in the first attempt for several years by a newcomer to crack a market dominated by Apple and Samsung....

79. 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. ...

80. Consulco brought together London and Limassol

An excellent dialogue took place during the hybrid conference ''Resilient Cities: London and Limassol'' organized by Consulco, on Thursday 16 June 2022 between London and Limassol, where speakers from Cyprus and Britain exchanged views on the two cities and their development. ...

81. '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. ...

82. The end of an era as Revlon files for bankruptcy

The US cosmetics group Revlon has filed for bankruptcy protection after battling supply chain problems and failing to compete with celebrity-backed and social media-savvy upstarts....

83. 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....

84. Cyprus targets 'alleged fathers' in immigration scheme

Cypriot Interior Minister Nicos Nouris has sent out a cable telling administrators to hold off on issuing any birth certificates in cases where staff may have doubts over the paternity of a child until new legislation can allow sampling DNA from alleged fathers...

85. Superyacht in Ayia Napa highlights tourism makeover

A cruise ship offering passengers a luxury yachting experience around the world made a stop in Cyprus’ Ayia Napa over the weekend, with locals highlighting the resort town’s efforts to attract high income visitors as an alternative to tourists balling on a budget...

86. K. Treppides & Co Ltd: Digitalization of the Global Tax Administration

In the era of the coronavirus pandemic, the digital revolution, and the ever-evolving globalization, the digitalization of the tax administration seems to be a one-way route. But what exactly is the digitalization of the tax administration and how this will affect the tax function around the globe?...

87. K. Treppides & Co Ltd: Pillar Two on a Global Minimum Taxation

On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....

88. Europe scrambles for natural gas solution as Putin squeezes supply

The European Union is racing to find alternative suppliers of natural gas after Russia's Gazprom cut flows to two EU nations, sparking fears that others will soon follow....

89. K. Treppides & Co Ltd: Letting your property in Cyprus through online platforms (e.g. Airbnb)?

The economy of Cyprus is largely dependent on tourism, and this is evident from the fact that government revenues from tourism accounted for over 12% of Cyprus GDP in year 2019 (in accordance with publicly available statistics extracted pre Covid-19 pandemic). ...

90. Clashes between locals and foreigners continue

A man has been arrested in the aftermath of a violent altercation between locals and foreigners in Emba, a quiet town in western Cyprus where residents have been up in arms over recent arrivals of Syrian and African refugees...