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1441. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

1442. EU and US convene in first Trade and Tech meeting

The United States and the European Union hope to discuss chip shortages, artificial intelligence and tech competition issues during the first Trade and Tech Council meeting this week,...

1443. President Anastasiades addresses the 76th UN General Assembly

The President of the Republic, Mr. Nicos Anastasiades, today addressed members of the 76th session of the UN General Assembly in New York....

1444. EY reports global revenues of US$40b in 2021 and outlines record US$10b investment plan over next three years

EY announces combined global revenues of US$40b for the financial year ended June 2021 (FY21), an increase of 7.3%, a solid result given the global economic impact caused by the COVID-19 pandemic. ...

1445. No more apologies: Inside Facebook's push to defend its image

Mark Zuckerberg, Facebook’s chief executive, signed off last month on a new initiative code-named Project Amplify....

1446. Moderna chief executive sees pandemic over in a year

Moderna Inc Chief Executive Stephane Bancel thinks the coronavirus pandemic could be over in a year as increased vaccine production ensures global supplies,...

1447. AI should serve humanity

Covid-19 is the first real global health crisis in every respect in the history of humanity with more than 212 million people infected, close to 4.5 million deaths and with the issue of collateral damage having been discussed so extensively during this health crisis as if we were on the battlefield – yes, there is a war going on....

1448. J&J says second shot boosts protection for moderate-severe COVID-19 to 94%

Johnson & Johnson said Tuesday a second shot of its COVID-19 vaccine given about two months after the first increased its effectiveness to 94% in the United States against moderate to severe forms of the disease....

1449. Global CEO confidence returns to pre-pandemic levels

CEOs of the world’s largest businesses are increasingly optimistic about the outlook for their own business and despite the Delta variant slowing down the ‘return to normal’, their confidence in the global economy has returned to levels not seen since the start of the pandemic....

1450. EY announces the launch of EY Entrepreneur Of The Year™ in Cyprus

EY Cyprus is pleased to announce the launch of the EY Entrepreneur Of The Year™ program for the first time in Cyprus. With this launch, the ultimate global competition for entrepreneurs officially opens today for nominations. ...

1451. Greek PM: Cost of ignoring climate crisis unimaginable

Mediterranean nations must lead the way in addressing climate change, Prime Minister Kyriakos Mitsotakis said, warning that the cost of doing nothing was unimaginable,...

1452. Cyprus’ spy van case too close to the bone

A police investigation in Cyprus has concluded there was no proof of illegal phone tapping in the spy van case, but prosecutors are still going after the main suspects on lesser charges despite reports of alleged contacts in the past with local officials...

1453. September 11: Twenty years since the day that changed the world

Twenty years have passed since the terrorist attacks on the Twin Towers in New York...

1454. 9/11: A milestone for the whole world

It is important to renew our firm determination in the global fight against terrorism...

1455. NATO must 'stand together' in Afghanistan

The political and military leadership of the Afghan Army must shoulder a significant part of the blame for its swift collapse...

1456. Chronic depression, Cypriots at 4.7%

7.2% of EU citizens suffer from chronic depression, while in Cyprus the percentage is much lower, at 4.7%....

1457. Greece is more secure with Biden as president

US Senator Bob Menendez is one of Greece and Cyprus’ greatest supporters and he exerts considerable power and influence in the foreign policy arena....

1458. Vaccination of children-adolescents: Answers to commonly asked questions

Here are the most commonly asked questions and answers about the COVID-19 vaccine provided by the National Vaccination Committee....

1459. EY and IIF survey shows climate change top concern for banks

1460. University of Nicosia Advances to Top 601-800 Universities in the World

The latest edition of the Times Higher Education (THE) World University Rankings, released on 2 September 2021, reaffirms the University of Nicosia’s (UNIC) global standing, ranking it among the Top 601-800 universities in the world. Correspondingly, UNIC ranks among the Top 250 universities in the European Union....

1461. Biden taps close advisor as energy plots thicken

US State Secretary Antony Blinken has appointed a businessman and former lobbyist as energy security envoy, signaling a new strategic focus in Washington in the aftermath of thorny geopolitics over Nord Stream 2 and unresolved issues relating to the eastern Mediterranean...

1462. International Luxury Property and Residency Conference

1463. Cyprus International Luxury Property and Residency Conference 2021

1464. EY: CEOs understand transformation cannot be put off following COVID-19 pandemic

More than two-thirds (68%) of CEO respondents from the world’s largest companies say that they plan to take on a major investment in data and technology over the next 12 months, while 61% plan to undertake a major transformation initiative over the same period, according to the global EY CEO Imperative Study 2021. ...

1465. Lute back at it again in Cyprus

UN envoy Jane Holl Lute is back on the island to hold separate discussions on Tuesday with the two Cypriot leaders, just days before the seasoned diplomat’s boss is expected to run shoulders with President Nicos Anastasiades in Brussels...

1466. Cyprus ready for dialogue on global tax

A decision by the Group of Seven to impose a global minimum tax rate does not seem to directly affect Cyprus, its Finance Minister Constantinos Petrides said on Monday...

1467. G7 agree on plan targeting tax heavens

The G7 reached a landmark deal on Saturday to pursue higher global tax rates on multinational businesses but the measures need broader support including an EU resolution, with retractors including Cyprus where Amazon recently registered a company...

1468. Cyprus opposes global minimum corporate tax

Cypriot Finance Minister Constantinos Petrides says Cyprus opposes both Biden’s proposal for a minimum corporate tax and a recently reached deal by MEPs on improved transparency for tax reporting...

1469. Legal departments face challenges in transformation efforts

Legal departments across the globe are facing a mounting list of operational challenges as they look to transform in the wake of complex digital and regulatory change, according to the 2021 EY Law Survey, which was conducted in collaboration with the Harvard Law School Center on the Legal Profession...

1470. Family businesses in Europe fared better in response to COVID-19

For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...