https://knews.kathimerini.com.cy/en/news/astrazeneca-faces-lawsuits-over-vaccine-s-rare-blood-clotting-risk
AstraZeneca has admitted that its COVID-19 vaccine could cause a rare but deadly blood-clotting condition, potentially exposing the UK pharmaceutical......
https://knews.kathimerini.com.cy/en/news/new-vaccine-shows-promise-against-deadly-skin-cancer
In a groundbreaking development in cancer treatment, doctors are conducting trials on what could be the world’s first personalized mRNA vaccine against melanoma, marking a potential game-changer in the fight against cancer....
https://knews.kathimerini.com.cy/en/comment/opinion/spain-and-greece-face-dire-drought-conditions
“The tourism sector has to adapt to the situation we are experiencing, which is absolutely abnormal,” a member of the Catalan government told the Financial Times......
https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification
In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...
https://knews.kathimerini.com.cy/en/news/imf-predicts-growth-and-lower-unemployment-rates
The Ministry of Finance welcomed, in a press release on Wednesday, the new estimates for Cyprus by the International Monetary Fund (IMF) as part of the World Economic Outlook (WEO)....
https://knews.kathimerini.com.cy/en/news/global-oil-prices-dip-after-iran-s-attack-on-israel
Oil prices fell in early Asian trade after Iran's reprisal attack on Israel over the weekend....
https://knews.kathimerini.com.cy/en/news/lagarde-signals-eurozone-interest-rate-drop-in-june
The President of the European Central Bank, Christine Lagarde, has hinted at the possibility of a rate cut in June, citing the need for more data......
https://knews.kathimerini.com.cy/en/news/tougher-regulations-loom-for-tobacco-heat-sticks-in-europe
European governments are weighing the introduction of tougher rules on cigarette makers’ new zero-tobacco heat sticks, moving to close the loopholes they were designed to exploit just months after their launch.
...
https://knews.kathimerini.com.cy/en/news/cyprus-economy-holds-steady-amid-challenges
Canadian credit rating agency DBRS Ratings GmbH (Morningstar DBRS) has affirmed the Republic of Cyprus's long-term ratings, maintaining it at BBB (high) with a stable economic outlook. ...
https://knews.kathimerini.com.cy/en/news/occupied-territories-are-a-black-hole-for-illicit-funds
The recent update to the US-UK sanctions list, active since last April and aimed at Russia, continues to scrutinize Cypriot-based entities suspected of violating the Russian embargo. ...
https://knews.kathimerini.com.cy/en/news/european-commission-flags-trade-risks-for-cyprus-economy
The Cypriot economy is on a sound footing due to solid economic growth and declining inflation, but its high integration with EU and non-EU economies make geopolitical and trade tensions......
https://knews.kathimerini.com.cy/en/news/unexpected-pregnancies-reported-among-weight-loss-drug-users
The rise in unexpected pregnancies among women taking weight loss medications like Ozempic and Mounjaro has caught attention, with many sharing their experiences on social media platforms like Facebook, Reddit, and TikTok, ...
https://knews.kathimerini.com.cy/en/comment/opinion/what-are-they-afraid-of
Transparency is not merely a good thing; it is essential. However, with the exception of one, credit buyout companies seem unwilling to disclose their financial results, keeping them shrouded in secrecy....
https://knews.kathimerini.com.cy/en/news/eurobank-expands-to-india-via-cyprus
Eurobank, a leading Greek financial institution, is poised to establish a representative office in Mumbai, India's bustling financial hub, signaling its strategic foray into the Indian market. ...
https://knews.kathimerini.com.cy/en/news/cyprus-a-familiar-economic-space-for-greece
In an interview conducted by Kathimerini reporter Panayiotis Rougalas, Greece's Central Bank Governor, Mr. Yiannis Stournaras, sheds light on various aspects of the country's monetary policy and economic landscape....
https://knews.kathimerini.com.cy/en/news/cystat-gender-disparities-persist-in-workforce
Although women make up the majority of the workforce in Cyprus, they are still paid significantly less than men, according to data published in a Cyprus Statistical Service (CyStat) infographic on the occasion of International Women's Day....
https://knews.kathimerini.com.cy/en/news/ft-judge-denies-trump-s-request-to-delay-$450m-payment
A New York judge has rejected Donald Trump's request to temporarily halt the state's attorney-general from collecting a $450 million judgment while he appeals a civil fraud ruling....
https://knews.kathimerini.com.cy/en/business/ceos-globally-forecast-increase-in-revenues-profits-and-deal-making-in-2024-as-business-transformation-moves-up-the-agenda
CEOs are optimistic about their ability to drive revenue growth and profitability in 2024 despite global economic headwinds, according to the latest EY CEO Outlook Pulse survey....
https://knews.kathimerini.com.cy/en/news/crisis-looms-over-vital-energy-project-in-cyprus
In a dramatic turn of events, the consortium behind Cyprus's largest energy project, the Vasilikos F.A. terminal, is sending ominous signals of a possible rupture with the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/phone-ringing-debt-ignored-cyprus-faces-loan-repayment-hurdles
Despite efforts to reduce Non-Performing Loans (NPLs) in Cyprus, the lingering burden continues to weigh heavily on the country's economy and society....
https://knews.kathimerini.com.cy/en/news/government-raises-minimum-wage-to-€1000-boosting-income-for-25-000-workers
In a move aimed at bolstering the income of low-wage earners, the Ministry of Labour and Social Insurance has announced a significant rise in the National Minimum Wage, effective this January....
https://knews.kathimerini.com.cy/en/news/severe-weather-warnings-across-cyprus
Cyprus is bracing for a spell of unsettled weather as a low-pressure system, dubbed ''Dawn,'' exerts its influence over the island nation until Thursday, according to forecasts from the Meteorological Service....
https://knews.kathimerini.com.cy/en/news/ministry-s-move-to-ease-building-permits-sparks-questions
The recent Ministry of Interior announcement, abolishing planning permission requirements for small developments, has left many with questions about the upcoming changes, especially those planning to build in the coming months....
https://knews.kathimerini.com.cy/en/news/forty-percent-of-global-jobs-face-disruption-because-of-ai
Artificial intelligence (AI) is poised to reshape the global job market, potentially affecting 40% of jobs worldwide, according to the head of the International Monetary Fund (IMF), Kristalina Georgieva....
https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview
Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....
https://knews.kathimerini.com.cy/en/news/78-of-gyms-in-cyprus-operate-illegally-posing-risks-to-consumers
In a startling revelation, the Pan-Cyprian Association of Gym Owners (PASIGY) disclosed in a press conference on Tuesday that a staggering 78% of private gyms in Cyprus are operating without the necessary licenses....
https://knews.kathimerini.com.cy/en/news/injured-golden-retriever-saved-from-300-foot-cliff
In a heart-stopping incident at Oregon's Ecola State Park, the United States Coast Guard executed a daring rescue to save Leo, a courageous Golden Retriever who tumbled over a 300-foot cliff on New Year's Day....
https://knews.kathimerini.com.cy/en/news/blinken-s-urgent-mission-in-the-middle-east
Amid mounting concerns over the Israel/Hamas conflict, State Department spokesperson Matthew Miller emphasizes the real risk involved....
https://knews.kathimerini.com.cy/en/business/cyprus-grapples-with-lingering-private-debt-woes
In Cyprus, the European Commission consistently highlights the significant economic challenge of private debt through regular post-program or post-memorandum reports....
https://knews.kathimerini.com.cy/en/news/mayfair-shaken-by-£300k-ferrari-collision
A high-octane saga unfolded on the streets of London's Mayfair as a £300,000 Ferrari 296, painted in regal purple, met its match in a collision with a bollard on New Year's Day. ...
