https://knews.kathimerini.com.cy/en/business/weight-loss-drug-ozempic-transforms-denmark-s-economy
Massive demand for diabetes and weight loss drugs made by Danish pharmaceutical group Novo Nordisk has turned it into Europe's most valuable company, giving Denmark's economy a major makeover....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/china-s-economic-slowdown-threatens-global-stability
China is unlikely to surpass the US as the world's largest economy as initially predicted for the early 2030s, primarily due to a growing lack of confidence in the Chinese economy, according to Bloomberg Economics analysts....
https://knews.kathimerini.com.cy/en/news/gov-t-embraces-flexible-work-for-public-servants
The Council of Ministers, in its meeting on August 30, 2023, greenlit a policy framework aimed at regulating flexible employment within the public service. This initiative aligns with the implementation of the Recovery and Resilience Plan 2021-2026....
https://knews.kathimerini.com.cy/en/news/over-220-000-victims-trafficked-for-southeast-asia-s-online-fraud-schemes
A new UN report estimates that hundreds of thousands of people from around the world have been trafficked to Southeast Asia to run online scams....
https://knews.kathimerini.com.cy/en/news/adopt-don-t-shop-as-abandoned-dogs-crisis-deepens
The plight of abandoned dogs in Cyprus has taken a turn for the worse, according to officials from the Municipality of Nicosia and a local pound that houses strays collected by multiple authorities in the Nicosia district. ...
https://knews.kathimerini.com.cy/en/news/china-s-$10-trillion-hidden-debt
For some time now, markets have been buffeted almost on a daily basis by gloomy economic news filtering out of China....
https://knews.kathimerini.com.cy/en/news/cyprus-airways-records-a-70-surge-in-passenger-numbers
Cyprus Airways announced on Monday that in July 2023 it carried 77,656 passengers, which is 70% more passengers than carried during July 2022....
https://knews.kathimerini.com.cy/en/news/avian-flu-forces-finland-to-cull-120-000-foxes-and-mink
Finland, Europe's leading producer of fox fur, has begun slaughtering 120,000 foxes and mink to stem an outbreak of avian flu that has hit fur farms, the authorities announced on Wednesday....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/croatia-tops-the-list-for-summer-escapes
Croatia has recently gained considerable popularity as a top holiday escape for tourists around the world, particularly attracting the interest of travellers coming from Britain....
https://knews.kathimerini.com.cy/en/news/steady-covid-19-cases-at-1-000-weekly-health-official-reports
The Director of Medical Services at the Ministry of Health, Elizabeth Constantinou, revealed that the number of new coronavirus cases in Cyprus maintains stability, averaging around 1,000 cases weekly. ...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-deceleration-amid-inflation-and-rising-rates
Cyprus' economy experienced a slowdown in the second quarter of 2023, prompting inquiries about the situation. According to the preliminary estimate provided by the Statistical Service, ...
https://knews.kathimerini.com.cy/en/news/gdp-alert-economic-storm-brewing
Former Minister of Finance, Konstantinos Petrides, comments on the GDP results for the 2nd quarter with five observations....
https://knews.kathimerini.com.cy/en/comment/opinion/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....
https://knews.kathimerini.com.cy/en/news/euroasia-interconnector-loan-denied-by-european-investment-bank
The European Investment Bank will not approve a loan for financing the electricity interconnection project between Cyprus, Greece, and Israel through the EuroAsia Interconnector, as confirmed by a representative from the EIB in an interview with "K" magazine....
https://knews.kathimerini.com.cy/en/business/is-home-really-the-best-office
Working remotely has its advantages, but there's growing evidence to support what many managers have long suspected: Fully remote workers are less productive....
https://knews.kathimerini.com.cy/en/news/us-suicide-rates-surge-to-record-high-prompting-concern
About 49,500 people took their own lives last year in the U.S., the highest number ever, according to new government data posted Thursday....
https://knews.kathimerini.com.cy/en/news/nicosia-europe-s-no-3-digital-nomad-hotspot
The capital of Cyprus, Nicosia, ranks third after Bucharest and Madrid, in the list of the ten best European cities for digital nomads....
https://knews.kathimerini.com.cy/en/news/record-surge-in-loan-renegotiations-amidst-rising-interest-rates
Loan renegotiation in the Cyprus banking system spiked to record levels in the first half of 2023, driven mainly by the repeated interest rate hikes by the European Central Bank (ECB) in its effort to tackle soaring inflation....
https://knews.kathimerini.com.cy/en/news/670k-euros-invested-in-ayia-napa-beach-amenities
Four thousand new sunbeds and a thousand beach umbrellas, valued at a total of 670 thousand euros, have been recently set up along the shores of Ayia Napa....
https://knews.kathimerini.com.cy/en/business/2022-marks-best-real-estate-year-in-14-years
DANOS, a prominent real estate consulting agency, hails 2022 as a remarkable year for Cyprus real estate, breaking through the economic challenges and awakening from the post-COVID stagnation. ...
https://knews.kathimerini.com.cy/en/business/cyprus-hotels-expect-august-rebound-85-90-occupancy-forecasted
The occupancy of hotels in July was between 80%-85% and better results are expected for August, when occupancy rates could reach 85%-90% the Head of the Cyprus Hotels Association (PASYXE) Thanos Michaelides told the Cyprus News Agency....
https://knews.kathimerini.com.cy/en/news/tourism-sets-record-revenue-with-fewer-arrivals
The latest data on tourism revenues for the month of May has brought encouraging news for the tourism sector, signaling positive effects on the Cypriot economy....
https://knews.kathimerini.com.cy/en/business/pfizer-s-value-sinks-$144b-on-covid-changes
Pfizer has lost $88billion in market share and $144billion in value since its market peak in just one year as the drugmaker suffers a major hangover from the success of its COVID vaccine....
https://knews.kathimerini.com.cy/en/news/strongest-work-from-home-rights-for-australians
Before COVID-19 sent one-third of the global workforce home, the Melbourne property surveyor that employs drone operator Nicholas Coomber called its 180-strong staff into the office every day at 9 a.m. to hand out assignments....
https://knews.kathimerini.com.cy/en/news/drone-strikes-hit-moscow-s-financial-district
Economic sanctions have been the biggest headache for Russia's business elite since the start of the war in Ukraine, but two drone strikes in the heart of Moscow's financial district are forcing companies to think about their employees' safety....
https://knews.kathimerini.com.cy/en/news/europe-dominates-7-10-searched-summer-getaways
The European destinations continue to have the highest travel interest this summer, while Asia Pacific has experienced a surge in popularity, a recent research by Skift has revealed, showing the ten most searched destinations for travel in the summer of 2023 is led by Bangkok, Thailand....
https://knews.kathimerini.com.cy/en/news/amsterdam-crowned-ultimate-tourist-hotspot-in-europe
Amsterdam has been announced as Europe’s best capital city destination to visit as a tourist in 2023, leaving behind popular destinations like Rome, Paris, and London....
https://knews.kathimerini.com.cy/en/news/chinese-fans-embrace-barbie-for-feminism
In recent years, China’s box office has been dominated by homegrown movies often with a nationalist lean, such as patriotic war epics. But this weekend, a different type of film captured national attention – one that’s decidedly American and bubblegum pink....