https://knews.kathimerini.com.cy/en/business/russian-tycoons-secure-bargains-as-multinationals-retreat
In the post-Ukraine war era, a unique trend is shaping Russia's business landscape. Big Western players like McDonald's, Ball Corp., and Henkel AG made a swift exit, leaving behind a $21 billion void. Enter a new generation of Russian business leaders, seizing opportunities amidst the multinational exodus....
https://knews.kathimerini.com.cy/en/news/elizabeth-mccaul-unveils-hidden-financial-dangers
A strong signal highlighting the need for closer scrutiny of non-bank financial institutions comes from Frankfurt, as Elizabeth McCaul, a member of the European Central Bank's Supervisory Board, emphasizes the potential risks....
https://knews.kathimerini.com.cy/en/news/babies-among-12-dead-in-israel-hamas-fuel-dispute
Hamas has denied refusing an offer of fuel from Israel for Gaza's biggest hospital, which the World Health Organisation says is "not functioning" due to bombing and gunfire....
https://knews.kathimerini.com.cy/en/news/hezbollah-leader-reveals-new-weapons-in-border-clashes-with-israel
The leader of Lebanon’s militant Hezbollah group said Saturday his fighters have introduced new weapons, including a missile with a heavy warhead in the ongoing fighting along the Lebanon-Israel border, adding that they will keep using the tense frontier to pressure Israel....
https://knews.kathimerini.com.cy/en/comment/opinion/un-chief-s-controversial-view-on-cyprus-unity
In a recent interview, the Special Representative of the UN Secretary-General and Head of UNFICYP, Colin Stewart, referred to the fact that his country of origin, Canada, has a French-speaking Prime Minister, despite the fact that French-speakers make up 25% of the population, in order to show that ethnic and linguistic differences are being addressed and over time will not pose a threat to the unity of the country....
https://knews.kathimerini.com.cy/en/news/central-banks-across-europe-hold-firm-amidst-rate-cut-speculations
Europe's top central bankers have affirmed that despite market expectations for a reduction due to weakening growth, interest rates will persist at elevated levels. ...
https://knews.kathimerini.com.cy/en/business/deloitte-celebrates-65-years-of-success-in-cyprus
This year marks 65 years of continuous successful presence for Deloitte in Cyprus. The company celebrated 65 years of ''making an impact that matters'' at an event held on 2 November, in the presence of all partners and staff. ...
https://knews.kathimerini.com.cy/en/news/clear-skies-and-a-dash-of-clouds-ahead
In the latest weather report, a weak high pressure system is influencing the area, bringing intermittent dust to the atmosphere....
https://knews.kathimerini.com.cy/en/news/cyprus-confronts-alarming-rise-in-children-s-mental-health-struggles
A recent study by the World Health Organization (WHO) reveals alarming rates of mental health issues among children in Cyprus. One in three or one in four children, both globally and locally, report recurring mental health challenges more than once a week, according to the WHO Health Behaviour in School-aged Children....
https://knews.kathimerini.com.cy/en/news/police-force-faces-renewed-criticism-after-recent-tragedies
The debate on the problems in the police force, which was a hot topic in the public sphere last week due to the two fatal attacks that occurred in a short span of time, was reignited on Wednesday, when all the relevant officials, led by the Minister of Justice and Public Order, Anna Koukkidi-Prokopiou and the Chief of Police, Stelios Papatheodorou, met in the Parliament's Institutions Committee....
https://knews.kathimerini.com.cy/en/news/the-dance-of-winds-clouds-and-temperature-swings
Affecting the region is a weak high-pressure system, ushering in a mix of atmospheric conditions. Today's forecast includes intermittent clouds on the rise, with a chance of isolated light showers....
https://knews.kathimerini.com.cy/en/news/rising-number-of-bounced-checks-a-growing-concern
A total of 36 bad cheques, worth €566,732, were issued in October 2023, with 21 persons (14 legal entities and 7 natural persons) being registered in the preliminary list of the Central Information Register for the Issuers of Dishonoured Cheques (CIR), maintained by the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/news/seven-ways-to-boost-cyprus-economy-and-competitiveness
The Cyprus economy needs seven important pillars to respond to the increasingly volatile environment, achieve greater growth, gain a more resilient and competitive economy, and develop innovation and more growth potential, according to PwC CEO Philippos Soseilos....
https://knews.kathimerini.com.cy/en/news/28-individuals-facing-deportation-after-pournara-riots
In response to threats to public order, Cyprus has issued 28 orders for detention and deportation. ...
https://knews.kathimerini.com.cy/en/news/u-s-stands-firm-against-long-term-israeli-presence-in-gaza
The United States emphasized its opposition to a new long-term occupation of the Gaza Strip by Israel on Tuesday, following Israeli Prime Minister Benjamin Netanyahu's announcement that his country would assume "overall responsibility for security" in the enclave after the recent conflict with the Palestinian Islamist movement Hamas....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-bracing-for-profit-squeeze-according-to-moody-s
Moody's believes that Cyprus' small and saturated banking sector, the banks' limited loan portfolio, and low fee and commission income will restrict opportunities for growth in domestic banks' activities and profitability in the long term....
https://knews.kathimerini.com.cy/en/news/steady-sunshine-and-patches-of-fog
In the realm of weather, a gentle yet noticeable influence is gracing our area as weak high pressure takes hold. ...
https://knews.kathimerini.com.cy/en/news/netanyahu-advocates-extended-security-responsibility-in-gaza
Benjamin Netanyahu says Israel will have ''overall security responsibility'' in Gaza for an "indefinite period" after its war with Hamas....
https://knews.kathimerini.com.cy/en/news/the-secrets-controversies-and-tape-recorder-incident-shaking-the-energy-sector
The communication between the Minister of Energy and EAC's leadership is likened to a game of "broken phone," despite efforts to portray the recent public rift between the two sides as a mere parenthesis....
https://knews.kathimerini.com.cy/en/news/president-aims-for-cyprus-gaza-humanitarian-route
Efforts to establish a maritime humanitarian corridor between Cyprus and Gaza continue on a technocratic and diplomatic level, President Nikos Christodoulides said on Monday afternoon....
https://knews.kathimerini.com.cy/en/news/greece-and-cyprus-collaborate-on-humanitarian-sea-corridor-to-gaza
Greece is in daily contact with Cyprus regarding the initiative for a humanitarian sea corridor to Gaza, Greek Foreign Minister Giorgios Gerapetritis said....
https://knews.kathimerini.com.cy/en/business/two-week-lifeline-as-aphrodite-negotiations-extend-amid-deadlock
With the deadline for Chevron's proposal on the ''Aphrodite'' reservoir set to expire on Sunday, November 5, negotiations between the Republic of Cyprus and the consortium of ''12'' (Chevron, Shell, NewMed) led by the American giant for the development of the reservoir seem to remain in a deadlock. ...
https://knews.kathimerini.com.cy/en/news/standing-pods-and-robot-flight-attendants-on-2050-airline-cabins
Artificial intelligence can be brutally honest and play up to stereotypical views - as Irish budget airline Ryanair found out recently....
https://knews.kathimerini.com.cy/en/news/fitch-upgrades-hellenic-s-long-term-rating-to-bb-with-stable-outlook
In a recent announcement, Fitch Ratings raised Hellenic Bank's long-term rating from "BB-" to "BB+" and assigned a stable outlook to the bank. The agency also upgraded the bank's Viability Rating (VR) to "bb+" from "bb-."...
https://knews.kathimerini.com.cy/en/business/crypto-wonder-boy-sam-bankman-fried-convicted-in-$8-billion-fraud
Sam Bankman-Fried, the former billionaire founder of FTX, a prominent cryptocurrency exchange, was found guilty on Thursday of orchestrating one of the most significant financial frauds in history....
https://knews.kathimerini.com.cy/en/business/ppc-becomes-new-owner-of-kotsovolos-in-€200-million-deal
In a significant development, PPC, the Greek energy company, has emerged as the new owner of the popular retail brand "Kotsovolos." This transition was facilitated through a deal with the British group Currys, valuing the acquisition at €200 million, entirely free from loans and lease obligations....
https://knews.kathimerini.com.cy/en/news/will-czech-republic-embrace-the-euro
Despite being part of the European Union for nearly two decades, the Czech Republic remains staunchly opposed to adopting the euro as its official currency. ...
https://knews.kathimerini.com.cy/en/news/cabinet-amends-minimum-guaranteed-income-and-social-benefits-laws
The Council of Ministers in Cyprus has recently approved an amendment to the Minimum Guaranteed Income and Social Benefits Laws, signaling a significant change in the country's approach to residency requirements.
...
https://knews.kathimerini.com.cy/en/news/limited-exodus-as-foreigners-permitted-to-leave-gaza-for-egypt
In the midst of a dire humanitarian crisis in Gaza, a limited agreement was reached, allowing dozens of dual passport holders and seriously injured Palestinians to leave the besieged enclave after more than three weeks of siege....
https://knews.kathimerini.com.cy/en/news/u-s-special-op-forces-in-israel-helping-to-locate-hostages
American commandos on the ground in Israel are helping locate the more than 200 hostages seized during Hamas’ surprise cross-border attacks on Oct. 7, the Pentagon’s top special operations police official said Tuesday....
