https://knews.kathimerini.com.cy/en/business/scope-rates-cyprus-with-bbb
Scope Ratings affirmed last week the Republic of Cyprus’ BBB- long-term issuer and senior unsecured local- and foreign-currency ratings, along with a short-term issuer rating of S-2 in both local and foreign currency, noting that all outlooks are stable...
https://knews.kathimerini.com.cy/en/news/brussels-piles-on-pressure-over-greece-cyprus-israel-electricity-cable
Just when the Greek Energy Minister thought he could take a short August break, after a hectic first 30 days of the Mitsotakis administration, a stern warning from Brussels has exposed the wavering attitude that Athens has chosen by succumbing to pressure from the Chinese-controlled transmission system operator ADMIE over the Attica-Crete subsea electricity cable...
https://knews.kathimerini.com.cy/en/news/tourism-staggers-this-year-but-officials-still-hope
Deputy Minister for Tourism Savvas Perdios says 2019 is a difficult year for tourism but there is no need for panic as positive developments may be expected in the coming weeks...
https://knews.kathimerini.com.cy/en/news/natalie-s-body-found-in-a-ditch
The body of Natalie Christopher was discovered on Wednesday afternoon on the Greek island of Ikaria, putting an end to search efforts for the British Cypriot scientist who went missing on Monday while on vacation...
https://knews.kathimerini.com.cy/en/news/trump-s-yuan-move-makes-a-china-deal-much-harder
The decision to label China a currency manipulator boxes in Donald Trump and Xi Jinping. The U.S. Treasury Department made the move after Beijing allowed the yuan to slide below the key level of 7 to the dollar. It’s the first such designation for the People’s Republic since 1994. The sudden escalation will make it harder for both sides to reach a trade truce...
https://knews.kathimerini.com.cy/en/business/exceeding-expectations
In the eight months of its operation, Nicosia Mall has surpassed expectations. Following the triumphant opening in November 2018 and the resounding welcome by consumers, the capital’s newest shopping mall has been steadily and assuredly pulling in crowds and converting them into devoted customers. The outstanding traffic as well as the levels of satisfaction and observed visitor loyalty, which are examined on a quarterly basis through surveys, are a testament that a thoughtfully planned retail destination and a customer centric approach can yield success. Most importantly, the data available foretells a bright future ahead...
https://knews.kathimerini.com.cy/en/life/12-best-places-in-larnaca-for-food-drink
Larnaca is on the rise. The city attracts more and more visitors every year, who seek to enjoy Larnaca’s culinary experiences and wide selection of restaurants and bars. The city of Larnaca is filled with wonderful places to explore and here they are:
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https://knews.kathimerini.com.cy/en/news/trump-hits-china-with-more-tariffs-sharply-escalating-trade-dispute
U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets.
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https://knews.kathimerini.com.cy/en/business/britain-s-lse-seals-$27-billion-refinitiv-deal-to-create-data-giant
London Stock Exchange has agreed to buy financial information business Refinitiv in a $27 billion deal, it said on Thursday, in a move to transform the British company into a market data and analytics giant.
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https://knews.kathimerini.com.cy/en/news/s-p-affirms-bank-of-cyprus-ratings
Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...
https://knews.kathimerini.com.cy/en/business/digital-challenges-for-internal-auditors-dpos
https://knews.kathimerini.com.cy/en/news/dombrovskis-the-eu-leads-the-world-in-the-battle-against-climate-change
This year, millions of young people across the world joined an international movement for climate change. They demanded action instead of mere talk, marching to fix the planet before it is too late.
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https://knews.kathimerini.com.cy/en/life/wiz-guide-10-places-in-pafos-to-go-out
Pafos is a very lively city that loves its culture, food, and parties! It is known that, besides visiting the famous attractions, no Pafos experience is complete without trying some of its amazing dishes and going out for drinks. Below you’re find our tips on the best venues for going out in Pafos.
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https://knews.kathimerini.com.cy/en/news/stepping-into-power-johnson-seeks-more-diverse-cabinet
Taking over as prime minister on Wednesday, Boris Johnson is expected to unveil a more diverse top team in a government to be tasked with delivering Brexit by the end of October, with or without a deal.
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https://knews.kathimerini.com.cy/en/news/boris-johnson-set-to-become-next-uk-pm
Boris Johnson is expected to be elected leader of Britain’s governing Conservative Party and the country’s next prime minister on Tuesday, tasked with following through on his “do or die” pledge to deliver Brexit in just over three months time.
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https://knews.kathimerini.com.cy/en/business/digital-agenda-summit-brian-mcbride-asos-chairman-and-ceo-of-amazon-uk
Brian McBride is one of Britain’s foremost digital business leaders. For six years he served as Chairman of ASOS, the leading online fashion retailer. He is also Senior Non-Executive Director at electrical retailer AO.com and is Senior Adviser with Scottish Equity Partners. Outside his commercial interests he’s also a member of the Government’s Digital Advisory Board, which steers the digital delivery of Government services to the public.
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https://knews.kathimerini.com.cy/en/news/us-removes-turkey-from-f-35-program-after-russian-missile-purchase
The United States said on Wednesday that it was removing Turkey from the F-35 fighter jet programme, a move long threatened and expected after Ankara began accepting delivery of an advanced Russian missile defence system last week.
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https://knews.kathimerini.com.cy/en/business/the-benefits-of-studying-with-a-learning-provider
Studying to become an ACCA member is flexible, and it opens up a world of opportunities. With over 500,000 students studying in a variety of ways, we know that flexibility is key to a successful ACCA journey.
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https://knews.kathimerini.com.cy/en/business/talent-shortages-costing-european-private-businesses-€414-billion-each-year
European private businesses’ biggest challenge is the increasingly growing skills shortage that is preventing them from hiring the right talent for growth. A PwC survey across 31 European countries shines a spotlight on a wider, ongoing issue across the region. PwC estimates that the skills shortage is costing the region €414 billion annually in lost revenues - just from private businesses. That’s around 2.6%of European GDP and is more than the combined annual GDP of Greece and Portugal.
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https://knews.kathimerini.com.cy/en/business/one-reshapes-limassol-skyline
A new time-lapse video online shows a glimpse of the ongoing construction of ONE, one of Limassol’s skyscrapers reshaping the southern resort town’s skyline...
https://knews.kathimerini.com.cy/en/business/ey-renewable-energy-is-taking-strides-towards-a-subsidy-free-era
The renewable energy sector is entering a new phase of subsidy-free growth across the world, according to the 53rd EY Renewable Energy Country Attractiveness Index (RECAI). Mainland China and the US remain at first and second positions respectively on the top 40 ranking, while France moves up two positions to third from fifth, led by a new focus on floating offshore wind capacity and doubling of its annual targets for onshore wind capacity additions...
https://knews.kathimerini.com.cy/en/business/athens-back-among-top-10-shipping-hubs
The Greek capital’s shipping cluster is back among the top 10 global metropolitan centers, the annual report by the Baltic Exchange shows, though this was not thanks to shipping activity in Athens and Piraeus, but due to the development of the Port of Piraeus after its acquisition by China’s Cosco...
https://knews.kathimerini.com.cy/en/comment/opinion/recovering-lost-ground
The government that has just taken power in Greece is different to what we are accustomed to and close to what a big chunk of the population is eager to see. The center-right administration appears well-prepared. The comparison is not only being made with SYRIZA, which was completely unprepared when it took over at a crucial period in 2015, but also with other supposedly experienced administrations before them. That said, in politics plans can be undone by unforeseen events.
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https://knews.kathimerini.com.cy/en/comment/opinion/which-way-will-syriza-go
It will take a couple of months before we see what kind of style SYRIZA plans to adopt in its reprised role as the country’s main opposition party. For the time being at least, it appears willing to cut some slack to the new government of Prime Minister Kyriakos Mitsotakis.
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https://knews.kathimerini.com.cy/en/news/britain-says-iran-attempted-to-block-its-oil-tanker
Three Iranian vessels tried to block the passage of a British ship through the Strait of Hormuz but withdrew after warnings from a British warship, the British government said on Thursday.
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https://knews.kathimerini.com.cy/en/news/mitsotakis-sworn-in-as-pm-amid-east-med-tensions
Conservative politician Kyriakos Mitsotakis was sworn in as Greece’s new prime minister on Monday after storming to victory on a pledge to create jobs and lure investment to the economically stricken nation...
https://knews.kathimerini.com.cy/en/business/deutsche-bank-axes-18-000-jobs
https://knews.kathimerini.com.cy/en/news/russian-tourist-drowns-at-dangerous-beach
A Russian woman died following a drowning incident in Paphos on Tuesday, near a local beach that was recently declared safe with reports saying she was swimming outisde the designated area...
https://knews.kathimerini.com.cy/en/comment/opinion/the-liberal-narrative-and-the-risks
https://knews.kathimerini.com.cy/en/business/ey-cyprus-announces-four-new-partners
EY Cyprus announces the appointment of four new Partners. Nicolas Pavlou, Katerina Mina, Sakis Moyseos and Panayiotis Thrasyvoulou, who are expected to take up their new role as of 1 July 2019...