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811. Russian and Ukrainian stock in Cypriot fund's Lukoil deal

A highly contentious takeover of a Lukoil plant in Italy by a Cypriot fund appears to be moving forward, with the latest media speculators picking on rumors that the leadership of the new operation might come from both Russian and Ukrainian stock...

812. US Congress members sold bank shares amidst banking crisis fears

On March 10, as fears were swirling over the health of the nation’s banks, an investment account belonging to the children of Rep. Jared Moskowitz, D-Fla., sold shares of Seacoast Banking Corp. worth $65,000 to $150,000....

813. Greece hires law firm to block Turkey's 'Turkaegean' trademark

Greece is attempting to prevent Turkey from trademarking its "Turkaegean" campaign used for tourism in the United States and the European Union. ...

814. Nicosia questions sanctions against ‘Russian enablers’

The Cyprus Bar Association is taking up the issue of new sanctions imposed by Washington and London, saying the latest measures against ‘Russian enablers’ unfairly target Cypriot firms’ past actions that were totally legal...

815. Christodoulos Vassiliadis denies offering services to sanctioned Russian oligarch

"We did not provide services to a person subject to sanctions," says Christodoulos Vassiliadis....

816. CySEC fines CIF one million euros for regulatory violations

The Cyprus Securities and Exchange Commission (CySEC) announced its decision to impose a fine of one million euros on the Cyprus Investment Firm (CIF) Itrade Global Ltd....

817. Rome reportedly okays Lukoil sale to Cypriot firm

Italy gave conditional approval on Tuesday to the sale of the Lukoil-owned refinery in Sicily to Cypriot private equity firm GOI Energy, people familiar with the matter told Reuters...

818. K. Treppides & Co Ltd: Sustainable Finance

Sustainability is the key to a better, healthier, and more viable future as it improves the quality of our lives with the use of natural resources which protect our ecosystem in general. By taking into consideration the three pillars of economic viability, environmental protection, and social well-being, we can preserve the future generations’ needs while, from a corporate perspective, the development of sustainable strategies can lead to a company’s longevity....

819. Cyprus IP Day – Celebrating innovation and creativity

On April 26th, 2023 Cyprus Intellectual Property (IP) Day will bring together acclaimed local and international speakers and IP experts sharing their insights and expertise on the importance of identifying, managing and protecting ones Intellectual Property. ...

820. Leaked Pentagon docs prompt ally denials

A large cache of what appear to be classified Pentagon documents circulating on social media channels is becoming a growing source of anxiety for US intelligence agencies, as numerous allies have been forced into denials over the purported leaks....

821. Cypriot fund facing mighty resistance in Lukoil deal

Efforts to dispel US concerns over suspected Russian influence in a Cypriot fund buying a Lukoil plant in Sicily may be gaining traction with Italian officials, with reports suggesting American resistance may be losing ground after a crucial meeting last week...

822. Pascal high school students create ChatGPT-powered robot to revolutionize teaching

High school students and their tutors in Cyprus have developed a prototype robot powered with ChatGPT artificial intelligence technology to harness and improve teaching experiences in the classroom....

823. Macron's mission in China: Convincing Xi on Ukraine

824. Delays unclear over Cypriot-fueled Lukoil deal

An executive power committee in Italy has missed an initial deadline for approving the sale of a Russian refinery plant to an Israeli-backed Cypriot fund, with reports in the media getting blurred between fears over Russian influence and high-stakes geopolitical interests across the pond...

825. Announcement Appointment of Senior Managers in K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. We are pleased to announce the appointment of the following members on the Board of Management effective as of 1 April 2023. ...

826. Greeks get chills over American feta cheese

Greek authorities and local dairy industries are up against yet another case of feta imitation and the unlicensed use of the name of Greece’s most popular cheese...

827. Energy in focus: Greece, Cyprus, and Israel hold trilateral meeting

Foreign Ministers of Cyprus Constantinos Kombos, Greece Nikos Dendias and Israel Eli Cohen, who met on Friday in Nicosia, pointed out the importance of the trilateral energy cooperation and its contribution to the stability in the region....

828. A look into Larnaca's future development (Photos)

The architectural firm Foster+ Partners and the Petrolina Group presented their grand vision for the Land of Tomorrow project on the Larnaca-Dhekelia coastal road this morning....

829. Protests continue as Macron stands firm on pension reform

French workers angry with President Emmanuel Macron and his plan to raise the pension age blocked access to a terminal at Paris' main airport on Thursday as part of a nationwide day of protests, forcing some travelers to get there on foot....

830. Employers and labor unions can't agree on COLA issue

Employers and unions continue to take opposing positions on the issue of Cost of Living Allowance. (COLA). One of the most pressing issues for the Labour Minister, who has already held the first separate meetings with the four unions PASYDY, PEO, SEK, and DEOK. ...

831. Bank stores bags of stone instead of $1.3 million worth of nickel

The London Metal Exchange revealed a surprising mix-up last week at a warehouse in the Dutch port city of Rotterdam....

832. BBC staff urged to delete TikTok app

The BBC said Monday that it had told staff to delete the Chinese-owned video app TikTok unless it was needed for business reasons, with Western institutions increasingly taking a harder stance over data collection fears....

833. Michael Kyprianou Advocates – Legal Consultants announces opening of office in Tel Aviv

Cyprus’ leading law firm Michael Kyprianou & Co LLC announces the opening of a new international branch in Tel Aviv, Israel, further expanding the firm’s global reach....

834. Italy weighs in as Cypriot fund goes after Lukoil plant

An Israeli-backed Cypriot fund’s deal to buy a Lukoil-owned refinery in Italy is hanging in the balance ahead of a Cabinet meeting in Rome possibly this week, when veto powers would be weighed against energy hub aspirations that could replace Russian gas and put the final nail in the coffin of a proposed EastMed pipeline...

835. HSBC buys failed Silicon Valley Bank in bid to stem fallout

Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....

836. President says ‘Cyprus on right side of history’ in Ukraine

The solution of the Cyprus problem is a top priority of his administration, President Nikos Christodoulides said, in an interview with the Hellenic Broadcasting Corporation (ERT) on Thursday evening ahead of a visit he will pay Greece next week...

837. EY Cyprus a Gold Sponsor at the 6th Annual Capital Link Cyprus Shipping Forum

EY Cyprus was, once again, a gold sponsor of the 6th Annual Capital Link Cyprus Shipping Forum, which was held at the Columbia Plaza, in Limassol, on Tuesday, March 7th 2023....

838. Hate speech rampant in Cyprus despite progress

Hate speech affecting several groups remains widespread in the Cypriot public discourse, the European Commission against Racism and Intolerance (ECRI) said on Tuesday in a report on Cyprus. ...

839. Saudi Arabia puts $5 billion into Turkish central bank

Saudi Arabia said Monday it deposited $5 billion into the Turkish central bank, likely helping Ankara firm up its long-weakening currency, the lira, after last month’s massive earthquake that struck southeast Turkey and northern Syria....

840. The who's who of the Christodoulides government

On Monday afternoon (27/02), Nikos Christodoulides, the country's new leader, unveiled his new administration. Read the detailed biographies of the individuals who make up the new government....