Search

1141. Turkish inflation surges to nearly 80%

Turkish inflation rose to a fresh 24-year high of 79.6% in July, data showed on Wednesday as the lira’s continued weakness and global energy and commodity costs pushed prices higher, though the price rises came out below forecasts....

1142. Inside JP Morgan's precious metals division: The salaries and bonuses of the golden boys

The trial of the former head of precious metals at JP Morgan Chase, which has been in full swing since Friday, provides a sneak peek into the world of exchanges and the pay for its employees....

1143. KPMG Limited and Georgiou, Iacovou & Co LLC announce the admission of the law firm Georgiou, Iacovou & Co LLC to the KPMG global network of member firms

KPMG Limited and Georgiou, Iacovou & Co LLC wish to announce the admission of the law firm Georgiou, Iacovou & Co LLC to the KPMG global network of member firms, as of 1 August 2022. The law firm will operate in the jurisdiction of Cyprus under the KPMG Law brand. ...

1144. Greek monuments to go dark in winter

After this summer, it is highly likely that streets could become a little darker, historical monuments no longer bathed in artificial light throughout the night and households could face periodic outages, Environment and Energy Minister Kostas Skrekas warns....

1145. Cyprus tourism rebounds despite lack of Russian tourists

Beside sparkling Mediterranean waters at the Cypriot resort town of Ayia Napa, the bars are bouncing with foam dance parties as tourist numbers rebound following two tough years of the pandemic....

1146. Ken Segall, the man who put the 'i' in iphone, at Digital Agenda 2022

Ken Segall, a close associate of Steve Jobs and Apple Ad Agency Creative Director for many years, will speak at Cyprus’ DA22....

1147. First ship carrying Ukrainian grain leaves Odesa port

A ship carrying grain left the Ukrainian port of Odesa for Lebanon on Monday under a safe passage agreement, Ukrainian and Turkish officials said, the first departure since the Russian invasion blocked shipping through the Black Sea five months ago....

1148. Monkeypox vaccines to arrive in Cyprus by the end of August

The arrival of the first vaccines for monkeypox is expected around the end of August in Cyprus...

1149. Russia sending money to Turkey for the $20 Billion Akuyo nuclear plant

A Russian state-owned company is transferring money to a subsidiary that’s building a $20 billion nuclear power plant on Turkey’s Mediterranean coast, alleviating concerns the project could be delayed by war sanctions....

1150. Cyprus Police probe illegal stem cell therapy

Cyprus Police raided a Long Covid clinic in Larnaca this week where it turned out that stem cells from donors in Ukraine were being used illegally in overpromised patients with chronic illnesses who flock to the island’s southern town for treatment...

1151. ‘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....

1152. Ukraine grain export coordination center opens in Istanbul

Turkish Defence Minister Hulusi Akar on Wednesday unveiled a center in Istanbul to oversee the export of Ukrainian grains after a landmark U.N. deal last week, with the first shipment expected to depart from Black Sea ports within days....

1153. Why heat waves are increasingly hitting Europe

Record high temperatures in many Western European countries, with record highs in Britain, France, Germany and elsewhere, as well as persistent prolonged heat in the Iberian Peninsula, are the culmination of a long upward trend in Europe's summer temperatures this year....

1154. Monkeypox protocols being discussed today

The Minister of Health, Michalis Hadjipantela, called for a meeting on Monday to take stock of the latest data, as well as Cyprus' level of preparedness in dealing with monkeypox....

1155. Cypriot 'miracle worker' honored for his contribution to fetal medicine

Kypros Nicolaides, the UK Cypriot pioneer Professor in Fetal Medicine at King’s College London, has been presented with Greece’s Gold Medal of the Order of the Phoenix by Foreign Minister Nikos Dendias....

1156. Ukraine and Russia finalize deal on grain export

An agreement for the safe export of grain from Ukraine was signed at noon on Friday by Kyiv and Moscow in Istanbul....

1157. Operation PANGEA: Illegal pharmaceuticals worth 11 million seized worldwide

Operation PANGEA, an international initiative targetting the illegal internet trade in pharmaceutical products, resulted in the seizure of 462 items in the form of pills, sprays, and gels, along with 123 food supplements in Cyprus. ...

1158. ECB raises interest rates .5%, with further rate hikes on the horizon

The European Central Bank (ECB) increased interest rates by more than expected on Thursday, raising its benchmark deposit rate by 50 basis points to zero percent, impacting the Cyprus banking system and local borrowers....

1159. ECOMMBX earns Great Place to Work® Certification

ECOMMBX is proud to announce that it has earned the coveted Great Place to Work® Certification with flying score, which is likely to be among the top – if not the highest – scores for this year....

1160. Italy's PM resigns spelling trouble for Europe

Italian prime minister Mario Draghi has resigned, ending a national unity government formed to tackle unpopular reforms and spelling trouble for Europe at a time of acute economic challenges....

1161. WFH 'epidemic' blamed for travel chaos across Europe

The CEO of Qatar Airways has blamed the chaos at airports on a work-from-home "epidemic," Reuters reported on Monday....

1162. Turkey will resume drilling near Cyprus next month

Turkey next month will resume drilling operations near the divided island of Cyprus, a top official said Wednesday, threatening to spark a new diplomatic row with the EU....

1163. EY announces US$1b investment in a next generation technology platform to facilitate trust, transparency and transformation through assurance services

EY announced an investment of more than US$1b in a next generation assurance technology platform – part of a sustained focus on providing high quality audits and responding rapidly to changing expectations from regulators, governments, standard setters, audit committees and boards. The four-year investment is enabled by a wider US$2.5b program, announced by the EY organization in September 2021....

1164. Medicover awarded at the 10th Invest Cyprus International Investment Awards

Medicover was honoured at the prestigious 10th Invest Cyprus International Investment Awards, which recognize foreign companies, individuals, and investors for their contribution to the country’s economy....

1165. ECOMMBX receives the prestigious Ιnvest Cyprus International Investment Award

On 1 July 2022, at the 10th Ιnvest Cyprus International Investment Awards ceremony at the Parklane Spa & Resort in Limassol, under the auspices of the President of the Republic, Nicos Anastasiades. ...

1166. The Digital Agenda Cyprus Summit returns on October 18, 2022

Digital Agenda Cyprus Summit 2022 is set for October 18, 2022....

1167. Cancellations, delays and strikes - Which destinations are the most affected?

What to know and what to pay attention to those who are preparing to travel...

1168. Employee influence grows: 43% set to quit jobs for better pay, career opportunities and flexibility

Employees around the world now hold more sway in the global job market, with two-fifths (43%) of respondents saying they are likely to quit in the next 12 months according to the EY 2022 Work Reimagined Survey...

1169. Kea opens spectacular shipwreck dive sites

Jacques-Yves Cousteau would probably have been surprised to learn that the wreck of the World War I Britannic (the sister ship of the legendary Titanic) he discovered in 1975 off southwestern Kea would be listed as an underwater historical site almost 50 years later, becoming one of a handful of such marine parks in the world. ...

1170. Exness supports technology education in Cyprus through Robotex Platinum sponsorship