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301. RCB shifts from banking to asset management

RCB Bank Ltd switches from banking to asset management, consequently phasing out its banking operations as of today....

302. Op-ed: 'Putin’s war threatens millions with hunger'

Russia’s army is attempting to starve the people of Mariupol into submission in an act of barbarity that almost certainly constitutes a war crime. But the knock-on effects of Vladimir Putin’s invasion of Ukraine threaten hunger, even starvation, for millions of people beyond the immediate theatre of war....

303. Agricultural Minister to farmers: 'Don't panic'

Support measures for farmers at EU level are expected soon, Agriculture Minister Costas Kadis said on Thursday urging farmers not to panic....

304. Op-ed: 'The new cold war'

Sometimes important news is overlooked. I read in Bloomberg on Tuesday that China and Saudi Arabia are negotiating oil sales in the Chinese yuan, rather than in dollars....

305. Default looms as Russia hits deadline for dollar bond payments

Russia will default on its debt for the first time since 1998 if it tries to make interest payments on its dollar bonds in roubles on Wednesday, rating agency Fitch has said....

306. Russia will default on its debts 'imminently', Fitch ratings agency has warned

Russia will default on its debts 'imminently', a leading credit rating agency has warned, as sanctions over Ukraine continue to pummel the country's economy....

307. People around the world are booking Airbnbs in Ukraine but they don't plan to check in

One of the social media influencers behind the Airbnb effort also has encouraged his followers to patronize Ukrainian merchants on Etsy but ask sellers not to ship any goods. Etsy has announced it's canceling the current balances and fees owed by all sellers in Ukraine....

308. Russian bank subsidiary in Europe collapses

While the Moscow Stock Exchange remains closed for a third straight day and the ruble is losing value inside and outside Russia, heading back to Monday's record low again, the ECB yesterday confirmed the first bankruptcy of a subsidiary in Europe caused by sanctions and massive withdrawals. ...

309. Russian forces continue to pound Kiev

Missiles pounded Kyiv on Friday and families cowered in bomb shelters as Russian forces pressed their advance and authorities said they were girding for an assault aimed at overthrowing the government....

310. Freedom Day in the UK from today

England woke up to freedom today after nearly two years of crippling on-off lockdowns as all emergency Covid laws introduced to tackle the pandemic ended at midnight....

311. Who is Dr. Robert Malone and what is the controversy surrounding his statements on mRNA vaccines?

Robert Malone, the self-proclaimed inventor of mRNA vaccines and a skeptic of the COVID-19 vaccines that use mRNA technology, has skyrocketed to celebrity status in recent months....

312. JP Morgan is first bank to enter the metaverse with a virtual 'Onyx lounge'

J.P. Morgan opened up an "Onyx lounge" in the metaverse on Tuesday, a virtual lounge in the blockchain-based world of Decentraland....

313. Digital ruble trial goes live as Bank of Russia insists on Bitcoin ban

Amid more reports on the Bank of Russia rejecting the Finance Ministry’s proposal of cryptocurrency regulation, the central bank has kicked off trials of its own digital currency....

314. GESY: €1.21 billion in expenses from 920,000 beneficiaries in 2021

Total expenses for services from the General Healthcare System (GHS) in Cyprus came to €1.21 billion in 2021, from approximately 920,000 beneficiaries, Senior Officer of the Health Insurance Organisation (HIO) Angelos Tropis told CNA, adding that based on the preliminary results, the 2021 expenses will approximately be equal to total revenue. ...

315. Meeting between CySEC and Association of Cyprus Electronic Money & Payments Institutions

The discussion was held in an environment of cooperation and the two parties noted their intention to work closely together for matters of common interest....

316. Attiki Odos sees compensation for 3,500 snowbound motorists

An estimated 3,500 motorists are expected to receive compensation in the form of payments of 2,000 euros after they were left stranded for hours in sub-zero temperatures on the Attiki Odos beltway when a severe snowstorm hit the Greek capital Monday....

317. MI5 warns MP's: Chinese government 'agent' has been 'active' in UK parliament

MI5 has warned that a Chinese government agent has been working in parliament "to subvert the processes", MPs have been told....

318. A bank accidentally paid thousands of people more than $175 million on Christmas Day due to a technical glitch

Santander UK is trying to recoup about $175 million (130 million pounds) that it accidentally transferred to customers on Christmas Day....

319. Covid safepass in the form of an implanted chip

A Swedish start-up company called Epicentre has invented a 'rice-sized' microchip that can be implanted under your skin....

320. Dubai ruler must pay ex-wife $700M in divorce settlement

A British court on Tuesday ordered the ruler of Dubai to pay his ex-wife and their children close to 550 million pounds ($730 million), in one of the most expensive divorce settlements in British history....

321. Clarifications Min. Health for the new measures - The exceptions for telework

In a written announcement, the Ministry of Health clarified the new measures that were decided upon during yesterday's meeting of the Council of Ministers....

322. 'Operation Rampdown'

Britain's response to Covid is set to be dramatically scaled back early next year as part of a pandemic 'exit strategy' codenamed 'Rampdown'....

323. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

324. Cyprus receives 157 million for Recovery and Resilience Plan

The European Commission today has disbursed €157 million to Cyprus to help kick-start reforms and investments....

325. Wildfires roar back to life near Athens

Wildfires north of Athens leapt back to life on Thursday as searing conditions persisted and emergency crews battled blazes across Greece for a third day running...

326. Minister warns House over crucial EU money

Cypriot Finance Minister Constantinos Petrides is calling on Parliament to approve structural reforms that come as a condition to the disbursement of over €1 billion from the EU’s Recovery and Resilience Fund...

327. EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014

EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014, as biopharmas refocus on alliances and bolt-on deals...

328. Jiu Jitsu director says Cyprus losing out

The director and producers of martial arts movie Jiu Jitsu sought audience with Cyprus’ finance minister this week over delayed cash rebate payments, with reports saying the film makers are also ticked off by an unflattering audit report on the country’s Olivewood scheme...

329. Cyprus expecting 60,000 Covid doses this week

330. Police probe suspicious rapid test invoices

Police are investigating allegations of fraud after suspicions emerged that a private company was claiming payments for rapid tests that never took place...