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511. Rumors of Pegasus purchase by Cyprus not put to rest

The possibility that NSO sold Pegasus to Cypriot authorities remained unanswered last week when a Cypriot MEP grilled the company’s general counsel, who stopped short of saying who actually bought it...

512. The US would act in an Aegean confrontation

It was the habit of American presidents to take their breakfast at the Willard Hotel back in the 1930s, just a block from the White House. The lobby would always be packed with people who wanted a few moments of their time to raise all sorts of issues – and thus lobbyists were born....

513. High ranking UN official to undertake mission for resumption of peace talks

Assistant UN Secretary-General for Europe, Central Asia and the Americas in the United Nations Department of Political Affairs Miroslav Jenča informed President Nicos Anastasiades that he will undertake an investigative mission to create the conditions for the resumption of Cyprus peace talks, Government Spokesperson Marios Pelekanos said on Friday....

514. Consumer confidence in the economy deteriorates in June

The economic sentiment in Cyprus deteriorated in July, pushed downwards by weaker business confidence in services, industry and retail trade....

515. Lack of trust on both sides a 'fundamental issue'

President of the Republic Nicos Anastasiades and the UN Secretary General’s Special Representative in Cyprus Colin Stewart discussed today the need to build trust among people as a foundation for finding some way to move forward on the political process with regard to the Cyprus problem....

516. 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....

517. 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. ...

518. '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. ...

519. 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....

520. US Fed raises interest rates by .75%, largest hike in 30 years

The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....

521. Anastasiades: 'Turkey’s positions are the epitome of revisionism'

Turkey’s stance on Varoshia is the epitome of revisionism, President of the Republic of Cyprus Nicos Anastasiades has said when invited to comment on recent statements by Turkish Foreign Minister Mevlut Cavusoglou....

522. MAP S.Platis Group Pioneers 32-Hour Work Week for Staff This Summer!

Following the success of its hybrid and flexible work schedule during the past two years, MAP S.Platis Group, a leading consulting, educational, and tech firm in the financial services and regulatory compliance sector in Cyprus, announces the launch of a four-day work week for its staff via its ‘Summer Afternoons’ programme....

523. Palestinian leader drops by Nicosia

The Palestinian leader embarked on an official visit to the Republic of Cyprus this week, just days after Washington restored a line of communication with him and while energy talk in the region continues...

524. Cyprus grieves over loss of beloved minister

Cypriot President Nicos Anastasiades says his entire Cabinet was “crushed” by the death of Labor Minister Zeta Emilianidou, whose funeral is to be held on Friday in Nicosia...

525. 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....

526. New Research Shows What’s Driving Resilience and Regeneration in Today’s Global Family Businesses

Annual report from KPMG Private Enterprise and the STEP Project Global Consortium highlights how emotional attachment to one’s organization and the ability of next-gens to take risks and experience life outside the family business are critical elements of future business success....

527. Blood Donation Day

In support to the Nicosia General Hospital blood bank and as part of its CSR initiatives, KPMG in Cyprus organised a blood donation day at its premises at Nicosia, on 31 May. ...

528. Lidl Cyprus strengthens the Cyprus Red Cross for the 9th consecutive year

The amount of €45,500 was raised with the contribution of its customers, from the sales of Favorina products....

529. Europe agrees to ban 90% of Russian oil

European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as part of new sanctions on Moscow worked out at a summit focused on helping Ukraine with a long-delayed package of new financial support....

530. Iran seizes two Greek tankers as tensions rise

Iranian forces seized two Greek tankers in the Gulf on Friday, shortly after Tehran warned it would take "punitive action" against Athens over the confiscation of Iranian oil by the United States from a tanker held off the Greek coast...

531. Greece rejects Turkish claims in the Aegean

The Permanent Representative of Greece to the United Nations delivered a letter addressed to UN Secretary-General Antonio Guterres on Wednesday rejecting claims contained in a letter delivered by Turkey to the same body in September 2021....

532. RICS Cyprus Property Price Index with KPMG in Cyprus announces results of Q1 2022

KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for Q1 2022...

533. Slight rise in economic sentiment in May

Economic sentiment in Cyprus improved slightly this May as the Economic Sentiment Indicator (ESI-CypERC) increased by 1.1 points compared with April 2022, according to the results of the Business and Consumer Survey of the Economics Research Center of the University of Cyprus....

534. Four-day workweek being piloted in Cyprus

A four-day workweek is being piloted in the Republic of Cyprus, with a big accounting firm on the island testing the waters of better work-life balance this summer...

535. EU official calls on Cyprus to implement recovery plan or lose funding

A European Commission official on Monday urged the Cypriot authorities to proceed with the implementation of Cyprus’ National Recover and Resilience plan, warning that Cyprus risks losing EU funds in case of new delays....

536. Erdogan blackmail over F-16s and F-35s

Turkey’s opposition to Sweden and Finland joining NATO under the pretext they harbor terrorists is seen in Athens as a cynical attempt to blackmail the US into agreeing to the lifting of all sanctions against the Turkish defense industry....

537. ‘Chariots of Fire’ composer dies at 79

Vangelis, the Greek composer whose rousing electronic theme music for the Oscar-winning 1981 film “Chariots of Fire” became one of the most loved movie scores, has died at the age of 79....

538. EY launches 2022 Better Working World Data Challenge to help tackle biodiversity loss

539. EY Cyprus offers Summer Internship Programmes to university and high school students

EΥ Cyprus continues to invest in the younger generation, offering students the opportunity to enhance their skills through its Summer Internship Programmes. ...

540. Moscow warns of retaliation if Helsinki joins

Finland said on Thursday it would apply to join NATO 'without delay', with Sweden expected to follow, as Russia's invasion of Ukraine looked set to bring about the very expansion of the Western military alliance that Vladimir Putin aimed to prevent...