https://knews.kathimerini.com.cy/en/business/as-2023-ends-banks-and-unions-lock-horns-on-pay-structures
The banks and bank employees' unions are at odds over labor issues and the signing of new collective agreements. As we approach the end of 2023, no significant progress has been made in renewing collective agreements during the outgoing year....
https://knews.kathimerini.com.cy/en/news/cyprus-cheese-industry-shuts-down-amid-regulatory-dispute
The Cyprus Cheesemakers Association has made a unanimous decision to shutter all cheese dairies starting January 10, 2024, following a protracted disagreement with government authorities over regulatory changes....
https://knews.kathimerini.com.cy/en/news/labor-minister-responds-to-industry-staff-shortages-urges-caution-in-demands
In response to demands from employer representatives regarding staff shortages in retail, catering, and the hotel industry, Minister of Labour and Social Insurance, Yannis Panagiotou,...
https://knews.kathimerini.com.cy/en/business/stellantis-group-shifts-gears-in-cyprus-hands-dealerships-to-cic-automasters
In a significant development for Stellantis Group's car dealerships in Cyprus, the renowned global car manufacturer is set to transfer operations to CIC Automasters Group. ...
https://knews.kathimerini.com.cy/en/news/cyprus-and-the-porn-industry-high-tech-hub-exposed
For many years, the Republic of Cyprus, due to its art visa law, served as a hub for white flesh trafficking....
https://knews.kathimerini.com.cy/en/business/workforce-crisis-grips-cyprus-as-12-000-job-vacancies-surge
In the hotel, catering, and retail sectors, an estimated 12 thousand personnel needs have prompted relevant professional associations to jointly appeal to the Ministry of Labour, seeking simplified procedures for hiring staff from third countries....
https://knews.kathimerini.com.cy/en/news/joseph-borghese-receives-academico-honorario-title-from-mexico
Joseph Borghese has been honored as the first Cypriot to receive the esteemed 'Académico Honorario' (Honorary Academic) title from Mexico. ...
https://knews.kathimerini.com.cy/en/news/themis-themistocles-signals-potential-2024-interest-rate-cut
In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...
https://knews.kathimerini.com.cy/en/news/volunteer-doctors-from-cyprus-to-support-gaza-s-civilians
In a significant initiative, a four-member team from ''Volunteer Doctors - Cyprus,'' formerly known as Doctors of the World, is gearing up for a medical-humanitarian mission to Egypt.
...
https://knews.kathimerini.com.cy/en/news/us-sanctions-hit-four-cyprus-entities-tied-to-russian-defense
In a strategic move, the United States Treasury Department has unveiled a targeted set of sanctions aimed at four legal entities associated with Cyprus....
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-ceo-on-65-years-challenges-and-future-strategies
Deloitte Cyprus celebrates 65 years of presence on the island, playing a major role in the financial affairs of the state....
https://knews.kathimerini.com.cy/en/news/ministry-reverts-vat-refund-amount-to-€50
The Ministry of Finance's new circular set to change in 2024, altering the decision that foresaw an increase in the minimum expenditure from €50 to €175. ...
https://knews.kathimerini.com.cy/en/news/cyprus-consortium-s-march-deadline-for-aphrodite-gas-field-revamp
The consortium licensed for Cyprus’ ''Aphrodite'' gas field will update the development and production plan of the field by March 31, as announced by the Minister of Energy, Commerce, and Industry, George Papanastasiou....
https://knews.kathimerini.com.cy/en/news/farmers-rally-at-presidential-palace-over-subsidies
In a dramatic turn of events today, potato and wheat farmers engaged in clashes with the police during their protest outside the Presidential Palace....
https://knews.kathimerini.com.cy/en/news/yamaha-futuristic-electric-motorcycle-without-handlebars
Japanese company Yamaha has revealed concept renderings of the Motoroid 2, an electric motorcycle that stands out by omitting traditional handlebars....
https://knews.kathimerini.com.cy/en/business/sixt-pumps-the-bakes-on-tesla-as-it-halts-purchases-and-sells-existing-ev-stock
In a strategic move that underscores the evolving dynamics in the electric vehicle (EV) landscape, Sixt, a prominent German rental car company, has decided to discontinue purchasing Tesla vehicles and plans to sell off its current Tesla EV stock....
https://knews.kathimerini.com.cy/en/news/banks-fail-menendez-s-quiz-on-$4-billion-consumer-paybacks
In a fiery congressional hearing on Wednesday, Senator Bob Menendez targeted Wall Street's top executives, putting them in the hot seat with a pop quiz on their firms' financial misdeeds....
https://knews.kathimerini.com.cy/en/business/us-imposes-sanctions-on-three-cyprus-based-entities
The US Department of Treasury’s Office of Foreign Assets Control (OFAC) announced new sanctions against individuals assisting the Russian defense industry, involving Cyprus-based entities....
https://knews.kathimerini.com.cy/en/business/a-workshop-by-shell-plc-at-the-university-of-nicosia
The Department of Engineering at the University of Nicosia in collaboration with Shell PLC offered the NXplorers Pro Workshop to a group of highly motivated engineering students. Held on November 17, 2023, the all-day workshop provided an immersive and transformative experience for participants, equipping them with skills necessary for a successful career....
https://knews.kathimerini.com.cy/en/news/israeli-authorities-probe-suspected-insider-trading-ahead-of-hamas-attack
In a recent development, Israeli authorities are delving into allegations raised by US researchers who suggest that certain investors might have had advance knowledge of the Hamas plan to attack Israel on October 7....
https://knews.kathimerini.com.cy/en/news/more-seniors-turning-to-marijuana-to-ease-ailments
As marijuana gains acceptance and legalization across the United States, a growing number of seniors, including Vietnam veteran Bill Martin, are turning to cannabis to address health issues....
https://knews.kathimerini.com.cy/en/business/immerse-yourself-in-the-beauty-of-larnaca-without-leaving-your-seat
In an exciting leap for travel enthusiasts, VirtualLarnakaRegion.com is breaking new ground, offering a whimsical virtual tour of Larnaca, Cyprus' most enchanting locales....
https://knews.kathimerini.com.cy/en/news/why-the-constant-delay-in-the-cyprus-chevron-gas-deal
Negotiations between the Republic of Cyprus and Chevron, representing the Aphrodite consortium in block ''12'' in the Cypriot EEZ, are currently stuck, primarily due to differences in the time frame. ...
https://knews.kathimerini.com.cy/en/news/cyprus-allocates-65m-euros-for-diverse-tourism-initiatives-in-2024
The National Tourism Strategy's update has recently concluded, announced by Deputy Minister Kostas Koumis, known as "K." This undertaking commenced shortly after his assumption of office in March 2023, with an initial target to finalize it by the year's end.
...
https://knews.kathimerini.com.cy/en/news/china-tests-visa-free-entry-for-five-eu-nations
China has revealed that citizens from five European Union nations—France, Germany, Italy, the Netherlands, and Spain—will be exempt from visa requirements. ...
https://knews.kathimerini.com.cy/en/news/ministry-s-robust-€65-2m-budget-signals-ambitious-2024-plans
At 65.2 million euros, the proposed budget of the Ministry of Tourism for 2024 surpasses previous years, accounting for initial budgets and excluding additional expenditures....
https://knews.kathimerini.com.cy/en/business/chevron-granted-extension-for-crucial-aphrodite-field-proposal-submission
Chevron has successfully obtained an extension until Friday, December 1, to submit a crucial letter detailing its plans for the development of the ''Aphrodite'' field,...
https://knews.kathimerini.com.cy/en/business/first-imo-gender-equality-award-presented-to-tototheo-maritime-co-ceo-despina-panayiotou-theodosiou
Despina Panayiotou Theodosiou, Co-CEO of Tototheo Maritime™, and a prominent figure in the maritime industry, has been honored with the inaugural ''Gender Equality Award'' by the International Maritime Organization (IMO)....
https://knews.kathimerini.com.cy/en/news/south-korea-breaks-with-tradition-announcing-plans-to-ban-dog-meat-consumption
South Korea is set to ban eating dogs by 2027, according to the policy chief of the ruling People Power Party, Yu Eui-dong. At a meeting with government officials and animal rights activists, ...
https://knews.kathimerini.com.cy/en/business/ey-cyprus-shines-a-spotlight-on-workplace-wellbeing-in-successful-webcast-event
EY Cyprus is pleased to announce the successful completion of its highly anticipated webcast event, where the results of the Cyprus Workplace Wellbeing Survey were presented. The event, held on November 20th, brought together industry leaders, professionals, and stakeholders to discuss and dissect the findings of this significant survey. ...
