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361. 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."...

362. 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)....

363. 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....

364. 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....

365. 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....

366. payabl. backs fastest growing tech event in Cyprus

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

367. 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....

368. 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....

369. 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....

370. 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....

371. 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....

372. 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....

373. 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....

374. 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. ...

375. 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....

376. 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....

377. City of Dreams Mediterranean partners with Cablenet

378. 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....

379. 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....

380. 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. ...

381. 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. ...

382. 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'....

383. 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. ...

384. 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. ...

385. UK inflation dips to 17-month low

UK inflation eased to a 17-month low in July, official data showed Wednesday, though it also revealed that prices of services, such as haircuts, hotels and restaurants, increased at a faster pace than the previous month. ...

386. Bank of Ireland glitch turns 'no funds' into a cash fiesta

Bank of Ireland is facing a crisis after thousands of customers descended on ATMs yesterday evening attempting to take advantage of a major IT glitch....

387. Tourism's dynamic future: Adapting to change from within

It's something we've heard many times from tourism authorities, that 2019 should no longer be used as a point of reference for tourism....

388. Russia's ruble drops to lowest level since 2022 conflict

The Russian ruble slid past 100 against the dollar Monday, its lowest level since March 23, 2022 -- weeks after Moscow unleashed full-scale hostilities in Ukraine....

389. Futuristic refueling as London's gas-free Shell station sets a new standard

One London gas station has totally reimagined what a refueling area can look like....

390. Online coordination sparks mass protests for free beaches

Many see wrongdoings or abuses of power, but they have self-taught themselves to overlook them. Many experience humiliations or injustices, but they have learned to remain silent....