https://knews.kathimerini.com.cy/en/business/credit-suisse-guilty-of-money-laundering
Credit Suisse has been found guilty and fined for involvement in money laundering related to a Bulgarian drugs ring....
https://knews.kathimerini.com.cy/en/news/russia-defaults-on-foreign-debt-for-the-first-time-since-1918
Russia has defaulted on its foreign debt for the first time in more than a century as the country can't pay creditors due to sanctions over the war in Ukraine, according to media reports.
...
https://knews.kathimerini.com.cy/en/business/the-great-resignation-is-set-to-continue-worldwide-as-pressure-on-pay-mounts
The “Great Resignation” will continue apace in the year ahead as one in five workers say they are likely to switch to a new employer in the next 12 months.
...
https://knews.kathimerini.com.cy/en/business/germany-a-step-closer-to-rationing-after-russia-cuts-gas-supplies
The German government formally placed its energy market on a war footing Thursday over Russia's sharp reduction of gas supplies, telling households to reduce consumption and warning that industrial output will be hit.
...
https://knews.kathimerini.com.cy/en/business/batterygate-millions-of-iphone-users-could-receive-compensation
Millions of iPhone users could be eligible for payouts, following the launch of a legal claim accusing Apple of secretly slowing the performance of older phones.
...
https://knews.kathimerini.com.cy/en/news/erdogan-threatens-greece-yet-again
Turkish President Recep Tayyip Erdogan has issued fresh threats against Greece, this time accusing the country of supporting an international campaign directed against his country....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-biggest-scam-in-higher-education-the-master-s-degree
It's graduation season. Over the past couple of weeks, some 2 million college students have earned their bachelor's degrees and headed off to the next stage of their lives....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-why-are-we-all-working-so-hard
The idea that technology can liberate us from the drudgery of work is a powerful one. It has also been a powerful disappointment, at least so far....
https://knews.kathimerini.com.cy/en/news/mykonos-dk-oyster-bar-in-legal-hot-seat-for-overcharging
Two American tourists are taking legal action against a Greek beach bar after it charged them more than £500 for two drinks and a plate of crab legs....
https://knews.kathimerini.com.cy/en/business/australia-s-high-commissioner-visits-minthis
Her Excellency, High Commissioner of Australia, Mrs. Fiona McKergow visited Minthis on Monday, 30th May, as part of her official visit to Paphos. ...
https://knews.kathimerini.com.cy/en/news/government-to-grant-one-time-subsidy-for-children-s-tuition
During last week's cabinet meeting, the council of Ministers decided to impose measures to help mitigate inflationary pressures on the general population. ...
https://knews.kathimerini.com.cy/en/news/greece-planning-major-wall-extension-on-border-with-turkey
Greek authorities say they are planning a major extension of a wall along the country’s border with Turkey and are seeking European Union financial support for the additional construction....
https://knews.kathimerini.com.cy/en/news/in-a-first-cypriot-defence-minister-to-pay-official-visit-to-us
Minister of Defence Charalambos Petrides will depart on Sunday to the US for a working visit. According to the Ministry of Defence, this is the first visit of a Cypriot Defence Minister for bilateral consultations at the US Pentagon....
https://knews.kathimerini.com.cy/en/news/zelenskiy-stop-playing-around-with-russia-end-war
President Volodymyr Zelenskiy urged the West to stop playing around with Russia and impose tougher sanctions on Moscow to end its "senseless war" in Ukraine, adding his country would remain independent, the only question was at what price....
https://knews.kathimerini.com.cy/en/business/lebanese-banks-in-cyprus-to-shut-down-amid-the-country-s-financial-crisis
Branches of Lebanese banks operating in Cyprus will shut down following a decision by the country’s Central Bank. A Central Bank of Cyprus (CBC) official has confirmed to CNA the decision taken by the country’s banking regulator....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-net-profit-of-€21-million-in-q1-and-a-record-of-new-loans
Bank of Cyprus group announced on Thursday a net profit of €21 million for the first quarter of 2022, compared to net profit of €8 million in the first quarter of 2021....
https://knews.kathimerini.com.cy/en/news/pilot-school-bus-program-for-primary-school-students-to-start-in-september
Minister of Transport, Communications and Works, Yiannis Karousos, announced on Wednesday that a government pilot program offering primary school students bus service to and from their schools will begin in September....
https://knews.kathimerini.com.cy/en/news/greece-experiencing-significant-staff-shortages-at-hotels
Greek hotels are looking to fill 55,000 positions this summer, during what is expected to be a very busy season, according to hoteliers....
https://knews.kathimerini.com.cy/en/news/leaked-sc-abortion-ban-could-also-apply-to-rape-and-incest-victims
Twenty-two states have abortion bans that would become law almost immediately if a leaked Supreme Court decision on abortion rights goes into effect....
https://knews.kathimerini.com.cy/en/news/petrides-things-will-be-difficult-in-the-coming-years
The government will continue supporting households, especially the vulnerable, amid rising inflation, Finance Minister Constantinos Petrides said, warning that tackling inflation is difficult due to its structural nature amid the Ukrainian crisis....
https://knews.kathimerini.com.cy/en/news/gender-equality-of-great-importance-to-cyprus-government
Promoting gender equality is of great importance for the government, Cyprus President Nicos Anastasiades said on Tuesday....
https://knews.kathimerini.com.cy/en/news/lawyer-accused-of-lying-his-way-into-client-s-quarter-mil
A lawyer in Cyprus, who has been accused of pocketing a quarter million euro of insurance money awarded to his client, is facing multiple fraud charges following his extradition by German authorities years later...
https://knews.kathimerini.com.cy/en/news/nameless-pay-as-you-go-phones-under-scrutiny
Police and intelligence officials in the Republic of Cyprus are pushing again for a ban on anonymous pay-as-you-go phones hoping it will help reduce crime, but critics and phone companies are not buying the argument...
https://knews.kathimerini.com.cy/en/news/fozen-russian-reserves-should-be-used-to-rebuild-ukraine
EU capitals should consider seizing frozen Russian foreign exchange reserves to cover the costs of rebuilding Ukraine after the war, the bloc’s top diplomat has said, as the west debates how to force Moscow to pay for some of the damage the conflict has caused....
https://knews.kathimerini.com.cy/en/news/op-ed-esg-dei-and-other-acronyms-and-why-we-need-to-know-about-them-imho
Quite a few times I found myself receiving messages and having to pause and google search an acronym to understand its meaning. I’m sure I’m not alone, and it’s surely not just a Gen X symptom....
https://knews.kathimerini.com.cy/en/news/cyprus-will-request-ec-permission-to-implement-mortage-to-rent-scheme
Cypriot authorities plan to submit in June an official request to the European Commission for the implementation of a mortgage-to-rent scheme, aiming to address non-performing loans collateralized by primary residences and SME business premises with an estimated contractual value of €3 billion....
https://knews.kathimerini.com.cy/en/news/commissioner-gabriel-urges-cypriot-students-and-staff-to-take-advantage-of-eu-programs
Commissioner Gabriel urges Cypriot students and staff to take advantage of EU programs and travel all over Europe, ...
https://knews.kathimerini.com.cy/en/news/how-marcos-could-control-hunt-for-his-family-s-wealth-as-philippines-president
If Ferdinand Marcos Jr. triumphs in the upcoming Philippines presidential election, he will wield broad powers over government agencies seeking to recover as much as $10 billion plundered by his namesake father during his autocratic rule....
https://knews.kathimerini.com.cy/en/news/greece-sets-price-ceiling-on-electricity
The government is to introduce a price ceiling on the wholesale electricity market as the request for coordinated measures at the European level, which was reformulated on Monday at the Extraordinary Council of Energy Ministers by Energy Minister Kostas Skrekas, did not appear to gain traction....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-pillar-two-on-a-global-minimum-taxation
On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....
