https://knews.kathimerini.com.cy/en/business/city-of-dreams-mediterranean-faces-bumpy-start-with-181-job-losses
In a stark indicator of the challenges facing the Limassol casino-resort, the recent dismissal of 181 employees reveals significant issues four months after its grand opening. ...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-and-emir-of-qatar-tackle-middle-east-developments
In a significant diplomatic move, President Nikos Christodoulides of the Republic of Cyprus met with Emir Tamim bin Hamad Al Thani in Doha during his official visit to Qatar....
https://knews.kathimerini.com.cy/en/business/black-friday-blues-as-hsbc-goes-down-on-biggest-sales-day-of-the-year
On Black Friday, thousands of HSBC customers in the UK reported difficulties accessing mobile banking services, causing disruptions for those seeking to make purchases amidst retailer discounts. Downdetector, a website tracking service, recorded over 4,100 complaints regarding the malfunctioning banking app....
https://knews.kathimerini.com.cy/en/news/anti-corruption-probe-targets-former-president-anastasiades
In a pivotal move, the Anti-Corruption Authority has initiated an investigation into corruption allegations surrounding former President Nicos Anastasiades, prompted by revelations in the book "Mafia State" authored by journalist Makarios Droussiotis....
https://knews.kathimerini.com.cy/en/business/investors-pull-$956m-from-binance-after-ceo-resigns-amid-legal-woes
In the aftermath of Binance CEO Changping Zhao's resignation and guilty plea, investors withdrew approximately $956 million from the cryptocurrency exchange within the last 24 hours. ...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-double-digit-sanctions-violations-chaos
Cyprus’ Law Office has received complaints on possible sanctions violations amounting to double-digits, Attorney-General George Savvides told a parliamentary committee which discussed the “Cyprus confidential” publication, involving millions of leaked files on financial transactions investigated by the International Consortium of Investigative Reporters (ICIJ)....
https://knews.kathimerini.com.cy/en/business/ai-sam-altman
Upon his return to OpenAI following a five-day exile, the controversy surrounding Sam Altman's removal appeared to stem from concerns related to a potential breakthrough in OpenAI's pursuit of artificial general intelligence....
https://knews.kathimerini.com.cy/en/news/swedish-media-exposes-sizopoulos-s-tie-to-golden-passports-scheme
In a joint investigation, Göteborgs-Posten and OCCRP shed light on EPP President Marinos Sizopoulos's connection to the 'golden passports' scandal....
https://knews.kathimerini.com.cy/en/news/car-crash-at-us-canada-border-kills-2
A dramatic incident unfolded on Wednesday as a high-speed crash on the Rainbow Bridge connecting New York and Ontario resulted in a fiery catastrophe, claiming the lives of two individuals in the vehicle....
https://knews.kathimerini.com.cy/en/news/decoding-the-secrets-of-confidential-oligarch-deals
Hours before Cyprus faced criticism in the European Parliament for alleged involvement of Cypriot companies in the movement of funds for Russian oligarchs, officials in Nicosia defended their reputation.
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https://knews.kathimerini.com.cy/en/business/major-players-unveil-ambitious-plans-for-shopping-malls-in-limassol
After Nicosia, the competition among shopping centers is shifting to the market in Limassol. The focus of the two strong players in the capital, Nicosia Mall (owned by Zorpa Group, PHC Group, Athienitis Group, and VLM Group) and Atterbury Europe (Mall of Cyprus), is set on their next investments in Limassol....
https://knews.kathimerini.com.cy/en/news/allegations-of-fake-degrees-prompt-investigation-into-pharmacists
Concerns regarding pharmacists potentially holding forged degrees have been raised and are now under investigation by Pharmaceutical Services in collaboration with the Police....
https://knews.kathimerini.com.cy/en/business/cyprus-gets-bbb-boost-in-latest-ratings-but-challenges-persist
The German Scope Ratings have given a positive sign for Cyprus by upgrading the country to BBB+ last Friday from the previous BBB while keeping the outlook of the economy stable. ...
https://knews.kathimerini.com.cy/en/news/disturbance-on-london-cyprus-flight-leads-to-passenger-s-arrest
A video capturing the arrest of a passenger on a flight from London to Larnaca has gone viral, showcasing a disruptive incident that unfolded upon the plane's arrival at Larnaca airport....
https://knews.kathimerini.com.cy/en/comment/opinion/the-honest-state
Whenever Cyprus becomes the focus of an international journalistic investigation, the perception within the media, political circles, and civil society follows a familiar pattern: initial anticipation or curiosity, followed by a few days of discussion about the country's reputation and questionable practices. ...
https://knews.kathimerini.com.cy/en/news/banks-eye-over-1-billion-euro-profits-in-2023
Cypriot banks, including the Greek bank, are poised to rake in substantial profits for 2023, benefitting from the European Central Bank's interest rate hikes....
https://knews.kathimerini.com.cy/en/news/limassol-murder-investigation-nears-trial-as-tensions-escalate
Limassol CID's investigation into the October 30 murder of 55-year-old Thanasis Kalogeropoulos is nearing completion, with the case file expected to be filed for trial by the Criminal Court next Thursday. ...
https://knews.kathimerini.com.cy/en/news/foreign-experts-join-probe-into-corruption-allegations
In response to revelations from the investigative report "Cyprus Confidential," experts specializing in sanctions violation and anti-money laundering (AML) from an undisclosed country are set to join the ongoing investigation in Cyprus, according to Government Spokesman Konstantinos Letymbiotis....
https://knews.kathimerini.com.cy/en/business/over-500-employees-to-leave-openai-and-join-microsoft
In a stunning development, a significant portion of OpenAI's workforce—over 500 employees—expresses intent to leave the AI company and join Microsoft....
https://knews.kathimerini.com.cy/en/comment/opinion/seriously
''All information that has come to light will be thoroughly investigated, with a specific timeframe,'' said the president, emphasizing that ''it is time to put an end to this matter.''...
https://knews.kathimerini.com.cy/en/news/hellenic-bank-rakes-in-€240-7m-in-2023-s-first-9-months
Hellenic Bank announced on Tuesday a profit of €240.7 million for the first 9 months of 2023....
https://knews.kathimerini.com.cy/en/life/tilos-the-little-island-that-could
In a recent interview with Dr. George Pechlivanoglou, the mastermind behind Tilos Island's groundbreaking energy initiative, we unveil a serious but exciting endeavor that's putting this petite Greek island on the map for sustainability....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-grilled-on-russia-sanctions-progress
The President of the Republic, Nikos Christodoulides, was informed during a meeting on Monday at the Presidential Palace about the course of implementation of decisions taken regarding the improvement of the monitoring framework of the sanctions imposed on Russia by the USA and about the course of investigations carried out for violating sanctions. ...
https://knews.kathimerini.com.cy/en/business/november-newsletter-of-k-treppides-co-ltd-financial-conduct-authority-fca
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
https://knews.kathimerini.com.cy/en/news/over-200-ndrangheta-s-members-sentenced-to-2-200-years
In a historic ruling following one of Italy's largest mafia trials, more than 200 'Ndrangheta gang members received sentences totaling over 2,200 years....
https://knews.kathimerini.com.cy/en/news/arrest-made-in-22-year-old-linked-to-limassol-riots
Last Wednesday night in Limassol, clashes erupted between Apollon and Homonia 29 May fans. New videos are surfacing, shedding light on the chaos that unfolded around 23:00....
https://knews.kathimerini.com.cy/en/news/21-year-old-nabbed-in-famagusta-theft-and-firearm-caper
In the picturesque Famagusta district, the Crime Investigation Department sprung into action, apprehending a 21-year-old suspect linked to a perplexing case involving theft, illegal possession of firearms, and explosives....
https://knews.kathimerini.com.cy/en/news/navigating-gaza-cyprus-confidential-and-financial-turbulence
Discussions on the regional and global implications of the war in Gaza, on tighter anti-money laundering rules in light of the “Cyprus confidential” investigation but also on the lack of adequate legislative follow-up to Parliament’s inquiry into the use of spyware, are on the agenda of the European Parliament session taking place this week in Strasbourg....
https://knews.kathimerini.com.cy/en/news/israel-s-two-truck-gamble-sparks-crisis-in-gaza
Israel's decision to allow only two tanker trucks of fuel into Gaza each day for the United Nations and communication systems has raised concerns about the impact on crucial services....
https://knews.kathimerini.com.cy/en/news/pocket-drain-or-green-gain-denmark-s-tricky-tax-call
Airports Council International Europe has issued a cautionary note to the Danish Government, discouraging the introduction of a passenger tax averaging 100 Danish krone or $14 (€13.41) on air travel....
