https://knews.kathimerini.com.cy/en/life/netflix-s-next-act-feeding-the-service-with-its-own-movies
As Hollywood studios unleash their summer blockbusters into theatres, Netflix is trying to give film buffs a reason to stay home...
https://knews.kathimerini.com.cy/en/news/north-korea-reconsiders-summit-with-trump-puts-talks-on-ice
North Korea threw next month’s unprecedented summit between Kim Jong Un and Donald Trump into doubt, threatening weeks of diplomatic progress by saying it may reconsider if Washington insists on unilateral denuclearization...
https://knews.kathimerini.com.cy/en/business/bank-of-england-keeps-powder-dry-on-rate-rise
The Bank of England held interest rates and said weak growth during a snowy start to 2018 was likely to be only temporary, but it wanted to see a pick-up in the economy in the next few months before raising borrowing costs...
https://knews.kathimerini.com.cy/en/business/bad-news-for-bitcoin-believers
Billionaire investor Warren Buffett on Monday said buyers of bitcoin, which he has characterized as “rat poison squared,” thrive on the hope they’ll find other people who will pay more for it...
https://knews.kathimerini.com.cy/en/business/cyprus-residency-and-citizenship-by-investment-scheme-remains-appealing-to-investors
With more than three decades of presence operating as a leading international advisory services firm, K. Treppides & Co Ltd offers insight into the latest residency and investment trends to impact Cyprus...
https://knews.kathimerini.com.cy/en/business/greece-s-new-startup-culture-technology-and-seagrass-sunglasses
Greek student Stavros Tsompanidis was walking on a beach when he saw a business idea in the piles of dried-up seagrass...
https://knews.kathimerini.com.cy/en/business/experts-says-cyprus-economy-to-grow-by-3-8-this-year
The Cypriot economy will pick up momentum in 2018, the University of Cyprus’s Economic Research Centre predicts, upgrading its growth forecast to 3.8% compared with its previous projection of 3.6%.
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https://knews.kathimerini.com.cy/en/comment/opinion/don-t-get-caught-up-in-the-east-med-energy-hype
It is tempting for resource-poor countries to overestimate the promise of newly discovered hydrocarbon resources, particularly in times of need...
https://knews.kathimerini.com.cy/en/business/business-cooperation-at-the-heart-of-moscow-nicosia-partnership
The two countries have common cultural and religious traditions, mutual trust and support, and one of the pillars of their partnership is business ties...
https://knews.kathimerini.com.cy/en/business/hellenic-bank-in-a-time-crunch-to-bid-on-ccb
The deadline in the privatisation process for the Cyprus Cooperative Bank (CCB) has been postponed until mid-May, setting in motion the executive board at the Hellenic Bank to intensify discussions on making a bid. ...
https://knews.kathimerini.com.cy/en/news/construction-of-ayia-napa-marina-enters-second-phase
The construction of the Ayia Napa Marina recently entered its second phase, as a recent video allows viewers to imagine how this magnificent project could raise the game for local business and tourism on the island. ...
https://knews.kathimerini.com.cy/en/business/whitbread-to-spin-off-costa-coffee
The move leaves Whitbread with its Premier Inn hotels operation and the split is expected to be completed within 24 months...
https://knews.kathimerini.com.cy/en/business/cyprus-is-open-for-business-and-china-s-buying
As US President Donald Trump builds barriers to Chinese trade, Cyprus is throwing open the gates...
https://knews.kathimerini.com.cy/en/business/one-in-five-financial-institutions-consider-cryptocurrency-trading
Banks are examining client interest and several hedge funds have tried their hand trading virtual currencies...
https://knews.kathimerini.com.cy/en/business/buying-greek-property-makes-sense
Investor confidence in the real estate market’s prospects and the notion that prices have completed their downward cycle has prompted more property acquisitions...
https://knews.kathimerini.com.cy/en/news/former-central-banker-says-oligarchs-are-banks-achilles-heel
Former central banker Panicos Demetriades says Cyprus is serving Russian oligarchs at the expense of its credibility abroad while doubting the success story in a tell-all interview with Kathimerini...
https://knews.kathimerini.com.cy/en/news/turkey-s-erdogan-declares-early-elections
President Tayyip Erdogan said on Wednesday Turkey’s presidential and parliamentary elections will be brought forward to June 24, more than a year earlier than planned, saying the country urgently needed to make the switch to an executive presidency....
https://knews.kathimerini.com.cy/en/business/cnn-peeks-at-eu-passports-for-russians-in-cyprus
Cyprus was featured on CNN’s Around The World video section, where special reporter Matthew Chance highlighted the controversial passport scheme which grants citizenship to wealthy foreign nationals....
https://knews.kathimerini.com.cy/en/business/netflix-programming-binge-pays-off-with-subscriber-surge
Netflix says it will spend up to $8 billion on global TV shows and movies in 2018...
https://knews.kathimerini.com.cy/en/business/greek-banks-seen-passing-ecb-s-stress-tests
Fragiadakis also said the bank was looking to approach two Chinese investors for the sale of a majority stake in its insurance unit National Insurance...
https://knews.kathimerini.com.cy/en/news/zuckerberg-resists-effort-by-us-senators-to-commit-him-to-regulation
Senators were often at a disadvantage because each had only five minutes to pin down the billionaire...
https://knews.kathimerini.com.cy/en/news/russia-can-build-turkey-power-station-alone
Russian firm Rosatom has been seeking investors for a 49 percent stake in the Akkuyu nuclear power plant project...
https://knews.kathimerini.com.cy/en/news/cooperative-bank-outflow-appears-to-have-stopped
The Cyprus finance minister says outflow has stopped at the state-owned Cyprus Cooperative Bank, following a €2.5 billion deposit by the government that is seeking private investors for the troubled institution....
https://knews.kathimerini.com.cy/en/business/government-boosts-ccb-s-hand
The Cyprus government says it is depositing €2.5 billion at the Cooperative Bank of Cyprus, as part of a broader plan to eliminate uncertainty among depositors in the wake of a privatisation bid...
https://knews.kathimerini.com.cy/en/business/china-hammers-us-goods-with-tariffs
Eight other products, including pork and scrap aluminium, will now be subject to additional tariffs of 25 percent...
https://knews.kathimerini.com.cy/en/news/yulia-skripal-is-getting-better
British counter-terrorism police now believe Skripal and his 33-year-old daughter Yulia were poisoned with a nerve toxin...
https://knews.kathimerini.com.cy/en/business/coops-privatisation-process-attracts-significant-investor-interest
The privatisation process of the Cyprus Cooperative Bank (CCB) attracted “significant interest” both from financial entities in Cyprus and abroad in acquiring a stake in its share capital of part of its assets, the CCB said after the completion of the first phase concerning the expression of interest....
https://knews.kathimerini.com.cy/en/business/china-urges-us-away-from-brink-of-trade-war
China showed readiness to retaliate by declaring plans to levy additional duties on up to $3 billion of US imports...
https://knews.kathimerini.com.cy/en/business/cypriot-investor-signs-$4-2-billion-zimbabwe-platinum-deal
It is the largest investment structure in the country’s mining industry in Zimbabwe...
https://knews.kathimerini.com.cy/en/business/hedge-funds-show-interest-in-cyprus-co-op
Major hedge funds are showing interest in the Co-Operative Bank of Cyprus, including one headed by former Bank of Cyprus Vice Chairman and current US Commerce Secretary Wilbur Ross. It is too early to predict any deal since investor goals differ from each other and all would depend on final numbers at a later stage. ...