https://knews.kathimerini.com.cy/en/business/the-new-porsche-911-gt3-rs-is-in-the-starting-blocks
The Porsche 911 GT3 is getting a big brother: the 911 GT3 RS, the new top of the 911 line in terms of performance will celebrate its world premiere on 17 August. The development of the high-performance sports car was inspired by the successful 911 RSR and 911 GT3 R GT racing cars....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-‘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....
https://knews.kathimerini.com.cy/en/news/increasing-electricity-costs-to-be-subsidized-by-the-government
A subsidy that will cover part of the increase in the price of electricity was hammered down during today's session by the Cabinet. As the Minister of Finance Constantinos Petridis stated, ...
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/greek-fm-dendias-pays-official-visit-to-cyprus-in-face-of-difficulties
Greek Foreign Minister Nikos Dendias is in Nicosia to coordinate with the Cypriot government. During the day he will have a meeting with the President of the Republic and then a meeting with the Minister of Foreign Affairs Ioannis Kasoulidis....
https://knews.kathimerini.com.cy/en/news/real-life-doogie-howser-heads-to-medical-school-at-age-13
A 13-year-old girl has been accepted to a medical school program only a year after graduating high school....
https://knews.kathimerini.com.cy/en/news/kasoulides-declares-cypriot-foreign-ministry-reliable-again
Cypriot Foreign Minister Ioannis Kasoulides says the Republic of Cyprus is once again a reliable partner, suggesting that a dire state of affairs during his predecessor’s tenure has been recovered...
https://knews.kathimerini.com.cy/en/news/lufthansa-ground-staff-strike-for-higher-pay-amid-inflation
Ground staff at Deutsche Lufthansa went on strike early Wednesday, prompting the cancellation of more than 1,000 flights, and adding to travel disruptions during the busy summer travel season....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/cyprus-heating-up-new-yellow-warning-for-tuesday
A yellow warning was issued on Monday afternoon by the Department of Meteorology for Tuesday....
https://knews.kathimerini.com.cy/en/business/tighter-controls-and-penalties-for-cross-border-transactions-in-cyprus
The Cyprus Securities and Exchange Commission (CySEC) is introducing additional controls for cross-border services and announced that investor protection will be strengthened under new rules regarding how complaints are handled....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/electricity-grid-capacity-to-be-increased-as-temperatures-soar
Despite high temperatures, ongoing electricity demand remains lower than the one observed last summer, the grid's capacity is, however, expected to increase next week, to be able to respond to higher demand, according to Vrahimis Koutsoloukas, a spokesperson of the Cyprus Transfer System Administrator (CTSA)....
https://knews.kathimerini.com.cy/en/business/consulco-s-london-credit-fund-keeps-making-4-p-a-for-its-euro-investors
Consulco’s London Credit Fund has been reaching and exceeding its annualized target return of 4,00% on Euro since its inception. ...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/scorcher-tightens-grip-over-cyprus
Another heat warning has been issued for Cyprus due to excessive temperatures, with daytime highs on Sunday expected to climb back up to 40 degrees in the afternoon, but evening skies call on sky enthusiasts to look up after sunset...
https://knews.kathimerini.com.cy/en/news/cypriot-officers-fly-to-germany-to-bring-groom-back
Cypriot police officers traveled to Germany this week to pick up a marriage fraud suspect, who is believed to have fled the island where his wife was recently recognized as a trafficking victim in an ongoing criminal case...
https://knews.kathimerini.com.cy/en/news/schools-to-enhance-integration-of-migrant-children
There is a large number of migrant students in Cyprus in elementary and high schools and at the beginning of the next academic year, each school unit will set its goals and priorities to assist these students, Education Minister Prodromos Prodromou said Thursday....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/cyprus-under-grim-heat-warning-overnight
New heat warnings have been issued for Cyprus due to excessive overnight temperatures as well as daytime highs climbing back up to 40 degrees on Thursday...
https://knews.kathimerini.com.cy/en/news/european-nations-asked-to-immediately-start-rationing-natural-gas
To avoid energy shortages that would stall economic growth and leave households cold in the winter as Russia weaponizes its gas exports, European countries should immediately start rationing use of the fuel, the European Commission said on Wednesday, and cut their use 15 percent until next spring....
https://knews.kathimerini.com.cy/en/news/discussions-on-minimum-wage-in-the-final-stretch
We are entering the final stretch for the introduction of the minimum wage in Cyprus and serious developments are expected next Friday, July 22, 2022....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/cyprus-upgraded-to-tier-1-in-us-trafficking-in-persons-report
The Ministry of Justice and Public Order has welcomed the US State Department's Trafficking in Persons report for 2022 released on Tuesday noting the upgrade of Cyprus to Tier 1 status. ...
https://knews.kathimerini.com.cy/en/news/high-winds-as-wildfire-rages-near-athens
A Greek wildfire fueled by gale-force winds raged in the mountainous region of Penteli near Athens on Tuesday, prompting authorities to order the evacuation of at least four areas and a hospital...
https://knews.kathimerini.com.cy/en/news/uk-records-40c-for-first-time-in-history-as-european-heatwave-rages
The UK has recorded a temperature of above 40C for the first time in history – at London Heathrow – as the extreme heatwave ravaging the country and parts of Europe prompted warnings of a “very extreme danger” of wildfires....
https://knews.kathimerini.com.cy/en/news/cost-of-consumer-goods-and-services-increased-by-9-in-june
The Harmonized Index of Consumer Prices (HICP) increased by 9% in June, when compared to the index of June 2021, setting a new record high, while continuing its upward course for the 16th consecutive month, pushed by the consecutive appreciations mainly in energy prices....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/emergency-sirens-wake-up-divided-cyprus
People in Cyprus woke up to the sound of emergency sirens wailing across the island on Wednesday early morning, marking the anniversary of the Turkish Attila operation launched on 20 July 1974, a series of events remembered very differently by the divided nation’s two communities...
