https://knews.kathimerini.com.cy/en/news/russian-industrial-giants-warn-of-bankruptcy-amid-sanctions-impact
More than 20 major Russian industrial companies, including those in the construction, automotive, and household appliance sectors, have warned they are on the brink of bankruptcy and could halt operations. In a letter to Anton Alikhanov......
https://knews.kathimerini.com.cy/en/news/1-vogue-content-coming-to-chatgpt-in-new-deal
OpenAI has inked a deal with publishing giant Condé Nast, marking yet another partnership between the AI company and major media outlets. Previous collaborations include agreements with Time magazine, the Financial Times, and the Associated Press....
https://knews.kathimerini.com.cy/en/news/ukraine-intensifies-fight-against-illicit-tobacco-trade
The illicit tobacco trade in Ukraine, one of Europe's most prominent black markets for cigarettes, is sending shockwaves through the economies of neighboring countries,...
https://knews.kathimerini.com.cy/en/news/french-film-icon-alain-delon-dies-at-88
Alain Delon, the renowned French actor who became a global icon through his work with legendary directors and his enigmatic screen presence, has died at the age of 88. Delon’s career spanned over six decades, during which he starred in some of the most revered films in European cinema, including Rocco and His Brothers, The Leopard, and The Samurai....
https://knews.kathimerini.com.cy/en/news/kamala-harris-unveils-economic-plan-with-tax-cuts-and-housing-focus
Vice President Kamala Harris is set to present a comprehensive economic plan during a major policy speech in Raleigh, North Carolina, on Friday....
https://knews.kathimerini.com.cy/en/comment/opinion/greece-and-the-ferry-tale-nightmare
The ferry boat situation in Greece is rapidly becoming an unfortunate stain on the very fabric of the country. As someone who not only vacations in Greece, I also own, operate, and conduct business there in the tourism sector....
https://knews.kathimerini.com.cy/en/news/rose-wine-trend-hits-cyprus-local-demand-and-imports-soar
Light and delicate, with aromas of flowers and fruits, these are just a few ways to describe Rosé Provence wines, which have recently become a global trend....
https://knews.kathimerini.com.cy/en/news/cyprus-beach-cleanups-remove-110-kg-of-waste
In a series of recent beach cleanup events held across Cyprus, beachgoers and volunteers came together to collect more than 110 kilograms of waste as part of the "Keep our Sand and Sea Plastic Free" project....
https://knews.kathimerini.com.cy/en/business/eu-demands-cyprus-return-€101m-in-energy-project-funds
The Republic of Cyprus is preparing to respond to the European Commission by the first week of September regarding a demand to return €101 million in funding that was allocated for the Vasilikos energy terminal, Energy, Trade, and Industry Minister George Papanastasiou said Thursday....
https://knews.kathimerini.com.cy/en/news/hezbollah-threatens-imminent-attack-on-israel
Hezbollah leader Hassan Nasrallah addressed supporters via video during a ceremony commemorating top commander Fuad Shukr, killed by an Israeli airstrike a week earlier. ...
https://knews.kathimerini.com.cy/en/news/epic-double-ookla-and-umlaut-rank-epic-once-again-at-the-top-of-telecommunications-in-cyprus-for-its-fixed-internet-and-mobile-networks-respectively
Epic continues to stand at the top of telecommunications in Cyprus, with two new international awards that are the culmination of its continuous investments in the development of a state-of-the-art, ultra-fast and reliable mobile and fixed internet network, offering an epic communication experience with innovative solutions, continuous evolution, and dedication to excellence....
https://knews.kathimerini.com.cy/en/news/rif-launches-€6m-fund-to-foster-innovation-and-economic-growth
The Research and Innovation Foundation (RIF) announced on Tuesday a new call for the "Co-Develop" funding programme, with a total budget of €6 million, aimed at better leveraging resources and apply innovative solutions to real problems....
https://knews.kathimerini.com.cy/en/news/adnoc-and-bp-engage-in-high-stakes-talks-with-energy-minister
Officials from the United Arab Emirates' Abu Dhabi National Oil Company (Adnoc) and British multinational BP will be in Cyprus today, Friday, for meetings with Energy Minister George Papanastasiou.
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https://knews.kathimerini.com.cy/en/news/unic-to-upgrade-equine-clinic-at-nicosia-race-club
The recent commencement of work on the upgrade of the Nicosia Race Club by the University of Nicosia's School of Veterinary Medicine was announced on Wednesday by the academic institution, ...
https://knews.kathimerini.com.cy/en/news/mcdonald-s-becomes-unaffordable-for-many
McDonald's, once synonymous with affordable fast food, has seen its sales decline as many former customers find its offerings increasingly expensive....
https://knews.kathimerini.com.cy/en/business/cnp-asfalistiki-supports-excellence
CNP ASFALISTIKI, the First General Insurance Company in Cyprus, in the context of its multidimensional social contribution, awarded the top graduates of the Master's Degrees in Forensic Psychology and Business Administration of the University of UCLan Cyprus, with the "CNP ASFALISTIKI AWARD"....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-celebrated-the-opening-of-its-3rd-store-in-paphos-and-21st-store-in-cyprus
In a major expansion of its retail network, Lidl Cyprus opened its newest store in the Neon Mall of Pafos on Wednesday 24 July, marking the 3rd Lidl store in a row in the Paphos district and the 21st in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/cyprus-eyes-key-eu-portfolio-in-von-der-leyen-s-second-commission
As EU member states finalize the 26 names for Ursula von der Leyen's second European Commission......
https://knews.kathimerini.com.cy/en/news/cyprus-signs-€50-million-contract-for-smart-meters
A €50 mln contract for Advanced Metering Infrastructure (ΑΜΙ) was signed on Wednesday between the Electricity Authority of Cyprus (EAC) and the Cyprus Telecommunications Authority (CYTA)....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-surge-in-russian-tourism-despite-sanctions
Cyprus is witnessing a promising increase in Russian and Russian-speaking tourists despite the European Union's sanctions following Russia's 2022 invasion of Ukraine, which led to the suspension of direct flights between Cyprus and Russian airports....
https://knews.kathimerini.com.cy/en/news/erdogan-and-tatar-reject-federal-solution-on-50th-anniversary
Yesterday marked the 50th anniversary of the Turkish invasion of Cyprus in July 1974. Over half a century later, Cyprus remains in the same status quo as it had after that fateful day. Consequently, poignant memorials were held across the island, including in the occupied areas....
https://knews.kathimerini.com.cy/en/news/chamber-of-commerce-warns-of-risks-from-cyprus-1-5-wage-hike
The Cyprus Chamber of Commerce and Industry (CCCI) has expressed concern over a new agreement between the Ministry of Finance and public sector unions to grant a 1.5% general wage increase starting in October 2024....
https://knews.kathimerini.com.cy/en/news/china-unveils-world-s-largest-hurricane-proof-turbine
Imagine a wind turbine so advanced it can withstand hurricanes and typhoons while harnessing their immense power to generate electricity....
https://knews.kathimerini.com.cy/en/news/mykonos-tourism-decline-linked-to-high-costs
International air traffic to Mykonos is on a downward trajectory for another year, according to plans for available seats that airlines have for this summer so far....
https://knews.kathimerini.com.cy/en/news/elon-musk-commits-$45m-monthly-to-boost-trump-s-election-bid
Elon Musk intends to contribute $45 million per month to a Super PAC aimed at supporting Donald Trump's electoral campaign, starting from July, as reported by the Wall Street Journal....
https://knews.kathimerini.com.cy/en/news/ukrainian-startups-build-low-cost-robot-army-to-combat-russia
Facing manpower shortages, overwhelming odds, and uneven international assistance, Ukraine is looking to an unlikely source for a strategic edge against......
https://knews.kathimerini.com.cy/en/business/cyprus-boomed-in-2022-with-more-jobs-and-better-services
Cyprus saw a widespread boost in economic activity last year, according to the latest Services and Transport Survey by Cyprus' statistical agency....
https://knews.kathimerini.com.cy/en/news/study-reveals-pros-and-cons-of-great-sea-interconnector
Cyprus' Minister of Energy, Trade and Industry, George Papanastasiou, announced on Thursday that the comprehensive cost-benefit study for the Cyprus-Greece (Crete) electricity interconnection, known as the Great Sea Interconnector (GSI),...
https://knews.kathimerini.com.cy/en/business/the-great-sea-interconnector-will-cut-electricity-costs-by-30
Minister of Energy, Commerce, and Industry George Papanastasiou is set to meet with the management of Greece's Independent Power Transmission Operator (ADMIE) on Thursday to receive a comprehensive Cost and Benefit Analysis (CBA) for the Great Sea Interconnector (GSI) project, linking Cyprus, Greece, and Israel....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-faces-€25-million-hit
The president of the Cyprus Hotel Association (PASYXE), Thanos Michaelides, has highlighted the urgent need to extend the tourist season and increase the number of year-round hotel operations. ...