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211. Global investment giants converge in Cyprus for IIFA 2023

The 36th annual international conference of the International Investment Funds Association (IIFA), will take place in Cyprus, for the first time, on October 23-25. ...

212. US plane brings captives back home

The plane carrying five American citizens freed as part of a deal between the U.S. and Iran have now landed back home in the United States....

213. How University of Cyprus handles overtime pay

The University of Cyprus, led by its rector, Tassos Christofides, acknowledged that overtime was paid to Doxa Komodromou....

214. Oregon's magic mushroom trials draw thousands

Psilocybin tea, wind chimes and a tie-dye mattress await those coming to an office suite in Eugene to trip on magic mushrooms....

215. EU passes borrower protection law: Your rights when borrowing money

The European Parliament (EP) has voted on rules to keep people safe when they borrow money for things like credit cards or loans....

216. Court upholds 2013 resolution measures for Laiki Bank

The court rejected another lawsuit related to the 2013 deposit problem....

217. Is Cyprus banking sector heading for a shake-up?

The Cypriot banking sector is in trouble, and it looks like Eurobank is on the verge of acquiring Hellenic Bank. Meanwhile, Astrobank and CDB Bank's relationship has shifted from a "flirtation" to an "appointment."...

218. Cyprus records 36 bounced cheques totaling €78,108 in August

A total of 36 bounced cheques, worth €78,108, were issued in August 2023, with 23 persons (7 legal entities and 16 natural persons) 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)....

219. Maria Ressa's Nobel-worthy legal triumph

Philippine Nobel laureate Maria Ressa has been acquitted of her final tax evasion charge in the latest legal victory for the veteran journalist as she battles to stay out of prison over cases that she has previously described as part of a pattern of harassment....

220. AI's role in shaping future warfare

The war in Ukraine has brought about significant changes, including how wars will occur in the 21st century. These changes are quite substantial. Suddenly, everyone realizes that inexpensive unmanned aerial vehicles can inflict more damage than costly traditional military planes....

221. Cyprus building permits dip 7.4%

Building permits issued in Cyprus in the first half of 2023 dropped by an annual 7.4%, with the value of the permits rising by 16.5% and the total area by 3.0%, data released by the Statistical Service of Cyprus show....

222. payabl. backs fastest growing tech event in Cyprus

payabl. announced as the Platinum Partner for Reflect Festival 2023...

223. Venice to charge €5 entry fee to tackle over-tourism

Venice will become the first city in the world to charge day-trippers an entry fee in a determined bid to curb mass tourism, its tourism chief announced yesterday....

224. European law puts online platforms at risk of fines and sanctions

Major online platforms risk fines and sanctions if they violate the new European law on digital services that came into force end of August and which, inter alia, makes online platforms legally responsible for the content posted on them....

225. Italian court awards €130,000 to great-grandson of World War II victim

Relatives of six Italian men hanged by German troops during World War Two are set to receive hundreds of thousands of euros in compensation for their families' trauma....

226. Court sets bail at €12.7 million for Ukrainian billionaire in money laundering case

Ihor Kolomoisky is the latest target of the country's anti-corruption drive....

227. Where does the 12% tax revenue go?

The Turkish Cypriot press is discussing recent land sales in the occupied area today. According to the Press and Information Office, the "Güneş" newspaper reported that Hasan Sungur, who leads the Real Estate Agents Union, supports businessman Ali Osman Safa's warning to politicians. Safa cautioned against making the property crisis worse, and Sungur agrees that this warning is valid and reasonable....

228. Hellenic Bank reports impressive profit surge of €160.2 million

Hellenic Bank had a really good financial run in the first half of 2023. They made a profit of €160.2 million, which is a huge jump of 203% compared to last year at the same time....

229. Trump ran ''Ponzi Scheme of Lies'' says Duncan

Donald Trump has “the moral compass of an axe murderer”, a Republican opponent in Georgia said, discussing the former president’s legal predicament in the southern US state and elsewhere but also his continuing dominance of the presidential primary....

230. Eurobank acquires 17.3% stake in Hellenic Bank for €167.9 million

The Eurobank has agreed to acquire an additional stake of around 17.3% (equivalent to 71,428,572 shares) in the Hellenic Bank at a total price of 167.9 million euros, or 2.35 euros per share. ...

231. Trump agrees to Georgia surrender for 2020 election case

Former U.S. President Donald Trump plans to surrender on Thursday in Atlanta in connection with his indictment in Georgia on charges he sought to overturn his 2020 election loss in the state, he said on social media on Monday....

232. Stolen luxury watches valued over $1.3 billion

Luxury watches valued at over $1.3 billion have been reported as stolen or lost, and their number is rising due to increased resale prices in the secondary market....

233. City of Dreams Mediterranean partners with Cablenet

234. Taylor Swift's tour spreads goodwill to food banks

Economists told CNN recently that Taylor Swift’s Eras Tour is becoming such a massive phenomenon that it’s having demonstrable impacts on the US economy at large, but it’s not only stadium venues, record labels, and ticket vendors benefiting....

235. US eases defense trade rules for Cyprus in 2024

The US Secretary of State has lifted the Defense Trade Restrictions on the Republic of Cyprus for the fiscal year 2024....

236. Cypriot national injured in billion-dollar money laundering sweep

Singapore law enforcement authorities disclosed on Thursday that a Cypriot national sustained injuries while attempting to evade capture by leaping from a second-floor balcony within an affluent district, marking one of the most significant money laundering cases to date. ...

237. Cyprus nationals arrested for money laundering in Singapore

The Singaporean Police arrested 10 foreigners on suspicion of money laundering and forgery offenses in connection with a case involving 1 billion Singapore dollars (737 million dollars) in cash, luxury cars, and other assets. ...

238. Money blues: Why's the economy going South?

"Currency developments validate predictions made some time ago. The high interest rate environment will be a new reality accompanying us for several years," former Minister of Finance Constantinos Petrides stated in a post on the platform 'X'....

239. Scammers impersonate doctors

The Police are urging the public to be cautious once again, following new reports of fraud and attempted theft of large sums of money by individuals falsely posing as doctors. ...

240. Former FBI leader guilty in Russian oligarch plot

The former head of counterintelligence for the FBI’s New York field office pleaded guilty Tuesday to one count of conspiracy in connection to a scheme working for a sanctioned Russian oligarch in 2021. ...