https://knews.kathimerini.com.cy/en/news/cypriot-airlines-dismiss-rumors-of-post-pandemic-ripple-effect
Airlines operating out of the Republic of Cyprus reportedly have denied rumors that they could be going under, following trouble with Romanian Blue Air and a Bloomberg report warning about the island’s two carriers...
https://knews.kathimerini.com.cy/en/business/banks-imposing-stricter-lending-standards
Cyprus banks have tightened credit standards in the second quarter of 2022, while net new lending demand subsided, reflecting the geopolitical tensions and the uncertainty in the global economic environment, the Central Bank of Cyprus Bank Lending Survey for Q2 says....
https://knews.kathimerini.com.cy/en/business/euro-dollar-exchange-falls-to-a-20-year-low
The escalation of the energy crisis with Moscow's aggressive, albeit predictable, decision to close the Nord Stream 1 pipeline indefinitely has led to a new fall in the euro, this time below 99 cents on the dollar....
https://knews.kathimerini.com.cy/en/news/russia-has-amassed-huge-profits-from-fuel-despite-sanctions
Russia has amassed €158 billion in revenues from fossil fuel exports in the six months of its war against Ukraine, benefiting from high prices, according to a study by an independent think tank published today, which calls for more effective sanctions....
https://knews.kathimerini.com.cy/en/news/liz-truss-becomes-britain-new-pm-after-johnson-fallout
Liz Truss will become Britain's next prime minister after winning a leadership race for the governing Conservative Party on Monday, vowing to press ahead with promised tax cuts and action to tackle the deepening energy and cost of living crisis....
https://knews.kathimerini.com.cy/en/business/melbourne-woman-accidentally-receives-$10-million-instead-of-$100-from-crypto-com
Cryptocurrency exchange Crypto.com mistakenly deposited $10.5 million directly into a woman’s bank account when the platform only intended to give her a $100 refund....
https://knews.kathimerini.com.cy/en/business/ryanair-blames-lack-of-incentives-for-closing-its-athens-hub
The intense competition in the domestic market, which started to shrink Ryanair’s share, is the reason why it decided to close its base in Athens this winter....
https://knews.kathimerini.com.cy/en/business/1-kpmg-cyprus-supports-‘back-to-school-supplies-for-all-children
KPMG in Cyprus, in collaboration with the Pancyprian Volunteerism Coordinative Council (PVCC), actively participated in the campaign ‘Back to School Supplies for ALL children’...
https://knews.kathimerini.com.cy/en/news/driver-comes-forward-after-fatal-hit-and-run
A young man walked into a Nicosia police station on Saturday after authorities announced they were looking for the driver of a black vehicle that fatally struck a Romanian male on bicycle before dawn...
https://knews.kathimerini.com.cy/en/news/russia-says-no-to-oil-price-caps-warns-of-cut-off
The Kremlin said on Friday that Russia would stop selling oil to countries that impose price caps on Russia's energy resources - caps that Moscow said would lead to significant destabilization of the global oil market....
https://knews.kathimerini.com.cy/en/news/price-of-halloumi-will-increase-under-pdo-category
The Minister of Agriculture, Costas Kadis, expressed his satisfaction with the production of halloumi so far as a Protected Designation of Origin (PDO) product....
https://knews.kathimerini.com.cy/en/news/young-worker-on-bicycle-dies-in-hit-and-run
Law enforcement authorities are asking for the public’s help after a young man on a bicycle was killed in a hit and run in Nicosia, right outside Cyprus’ police complex...
https://knews.kathimerini.com.cy/en/business/100-000-workers-to-benefit-from-established-minimum-wage
The introduction of the national minimum wage in Cyprus, which will affect the salaries of almost 100 thousand workers from the beginning of 2023, has turned into a game of nerves but with an almost happy ending....
https://knews.kathimerini.com.cy/en/news/eu-to-help-farmers-transition-from-chemical-pesticides-by-2030
With its Farm to Fork program, the European Commission is helping farmers in the EU transition away from the use of chemical pesticides by adopting new rules that will facilitate the approval of micro-organisms for use as active substances in plant protection products....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-announces-€50m-net-profit-in-first-half-of-2022
Bank of Cyprus announced a profit after tax amounting to €50 million for the first half of 2022, setting its sights on dividend distribution in 2023, for the first time since 2011, depending on market conditions and regulatory approvals....
https://knews.kathimerini.com.cy/en/news/yiorkio-finds-patron-after-years-of-rejection
Nicosia’s abandoned luxury hotel Yiorkio Residence has been sold to a group focusing on upscale living, with reports saying the bidder is shelling out €20 million to acquire one of Cyprus’ real estate puzzles...
https://knews.kathimerini.com.cy/en/news/poland-spain-italy-are-a-favorite-for-working-migrants
The median age in the 27 European Union countries is projected to mark an increase of 4.5 years between 2019 and 2050 to reach 48.2 years....
https://knews.kathimerini.com.cy/en/life/the-first-ever-underwater-civil-wedding-in-alonissos
The first organized underwater civil wedding took place in Alonissos on Monday 29 August at the initiative of the Municipality....
https://knews.kathimerini.com.cy/en/news/veterinary-medicine-program-now-being-offered-at-the-university-of-nicosia
Do you want to study in one of the most rapidly evolving sectors of the global market, offering you the opportunity to either be self-employed, work in a large organization, or dedicate yourself to the field of research while contributing to the development of scientific innovation and progress?...
https://knews.kathimerini.com.cy/en/news/cyprus-scrambles-to-block-hostile-takeover-of-bank
The government in the Republic of Cyprus is racing against the clock to arm itself with legal tools to prevent a takeover of the country’s biggest bank by an American private equity firm, which has until next month to submit a final offer that some shareholders may find hard to resist...
https://knews.kathimerini.com.cy/en/news/moderna-sues-pfizer-for-patent-infringement
Moderna on Friday filed patent infringement lawsuits against Pfizer and BioNTech "for infringing patents central to (its) mRNA technology platform," the company said in a news release Friday....
https://knews.kathimerini.com.cy/en/news/college-students-scramble-for-affordable-housing
Universities in the Republic of Cyprus are in the hunt for off-campus affordable housing solutions in a tough post-pandemic market, following reports that many students are resorting to nearby abodes both north and south of the divide line...
https://knews.kathimerini.com.cy/en/news/what-is-causing-the-unexpected-drop-in-global-food-prices
Six months after Russia's invasion of Ukraine, the inflationary shock is still causing a "headache" for markets, government staff and households, with the price of natural gas hitting new record levels yesterday....
https://knews.kathimerini.com.cy/en/news/euro-at-new-20-year-low-against-the-us-dollar
The euro slipped to a new twenty-year low due to fears of increased inflationary pressures and an impending recession in Europe as a result of the energy crisis....
https://knews.kathimerini.com.cy/en/news/turkey-doubles-russian-oil-imports-filling-eu-void
Turkey doubled its imports of Russian oil this year, Refinitiv Eikon data showed on Monday, as the two countries are set for broader cooperation in business and especially energy trade in the face of western sanctions against Moscow....
https://knews.kathimerini.com.cy/en/news/cyprus-stoked-about-gas-discovery-s-eu-prospect
Nicosia says preliminary estimates of a new gas discovery in the country’s exclusive economic zone raise the prospect that big players could still include the island in their plans to supply the European Union with much needed natural gas...
https://knews.kathimerini.com.cy/en/business/after-the-great-resignation-comes-the-silent-resignation
After the Great Resignation, a new trend is emerging in the workplace. They call it "silent resignation" and it's already a big trend on TikTok, with millions of views among younger professionals....
https://knews.kathimerini.com.cy/en/news/eu-states-facilitating-employment-of-third-country-nationals-to-ease-labor-shortage
The European Union’s population is aging. The factors behind this phenomenon are many, but the declining fertility rates and the increased life expectancy, along with migration to countries like the United States, the United Kingdom, Canada, and Australia, are the main ones....
https://knews.kathimerini.com.cy/en/business/rics-cyprus-property-price-index-with-kpmg-in-cyprus-announces-results-of-q2-2022
KPMG in Cyprus announces that the ''RICS Cyprus Property Price Index with KPMG in Cyprus'' has been issued for Q2 2022....
https://knews.kathimerini.com.cy/en/business/nexters-reports-record-breaking-quarterly-revenues-of-$126-million
Nexters, an international game development company headquartered in Limassol, today released financial and operational results for the first quarter of 2022 and announced the changes to the board of directors: ...
