https://knews.kathimerini.com.cy/en/business/passport-scheme-could-bring-‘dutch-disease-in-cyprus
The Fiscal Council is warning that the passports-for-cash scheme could mean that some sectors of the economy could suffer while others grow, a phenomenon known as the Dutch disease...
https://knews.kathimerini.com.cy/en/news/opposition-parties-walk-out-of-novartis-debate
Lawmakers of the opposition walked out of a parliamentary debate on Friday ahead of a vote on whether to request the prosecution of 10 prominent politicians named in a bribery scandal involving Swiss drugs manufacturer Novartis....
https://knews.kathimerini.com.cy/en/business/lidl-fined-€80-000-for-false-advertising
Cypriot authorities fined Lidl supermarkets €80,000 for misleading advertising, citing unfair commercial practices following complaints submitted by consumers...
https://knews.kathimerini.com.cy/en/business/uk-food-prices-likely-to-rise-without-a-brexit-deal
Food prices are likely to rise after Brexit if no trade agreement with the EU is reached and there could be shortages of some products...
https://knews.kathimerini.com.cy/en/business/bad-news-for-bitcoin-believers
Billionaire investor Warren Buffett on Monday said buyers of bitcoin, which he has characterized as “rat poison squared,” thrive on the hope they’ll find other people who will pay more for it...
https://knews.kathimerini.com.cy/en/business/adidas-sticks-by-kanye-west-after-slavery-remarks
Adidas remains committed to the Yeezy brand created by rapper Kanye West despite his comments describing slavery as a choice and praising US President Donald Trump...
https://knews.kathimerini.com.cy/en/business/eu-sees-strong-growth-as-unemployment-declines
The Commission foresees a "strong growth momentum continuing" in the coming years, but warned of risks widening...
https://knews.kathimerini.com.cy/en/business/sainsbury-s-and-asda-agree-13-3-billion-pound-merger
Sainsbury’s and Asda, the UK arm of Walmart, confirmed they had agreed a 13.3 billion pounds merger to create Britain’s biggest supermarket group by market share, surpassing current leader Tesco...
https://knews.kathimerini.com.cy/en/business/one-in-five-financial-institutions-consider-cryptocurrency-trading
Banks are examining client interest and several hedge funds have tried their hand trading virtual currencies...
https://knews.kathimerini.com.cy/en/business/buying-greek-property-makes-sense
Investor confidence in the real estate market’s prospects and the notion that prices have completed their downward cycle has prompted more property acquisitions...
https://knews.kathimerini.com.cy/en/business/cyprus-recovery-is-being-recognised-by-international-agencies
Fitch does not currently anticipate developments with a high likelihood of leading to a downgrade...
https://knews.kathimerini.com.cy/en/news/trump-warns-the-missiles-are-coming-for-syria
The White House pushed back against suggestions that Trump had broadcast his plans for military strikes via Twitter...
https://knews.kathimerini.com.cy/en/business/house-prices-in-cyprus-increased-2-7-on-a-quarterly-basis
Compared with the previous quarter, the highest increases were recorded in Slovenia (+3.7%), Croatia (+3.2%) and Cyprus (+2.7%)...
https://knews.kathimerini.com.cy/en/business/tesco-beats-guidance-with-28-percent-full-year-profit-increase
Lewis joined Tesco in September 2014, tasked with turning around the group which had been hit by a fall in sales and profits due to changing shopping habits...
https://knews.kathimerini.com.cy/en/news/consumers-group-calls-for-easter-boycott
The Cyprus Consumers Union is calling for a boycott on seasonal fruit and vegetables, warning businesses that supporters of the group will shop only at produce markets where prices return to normal, lower levels....
https://knews.kathimerini.com.cy/en/news/easter-prices-unjustifiably-high
The price of fruit and vegetables has gone up for the Easter holidays but neither weather nor demand appears to justify how much it is costing the consumers....
https://knews.kathimerini.com.cy/en/business/uk-house-price-growth-unexpectedly-slows-to-seven-month-low
Britain’s housing market has been hit by a squeeze on household incomes caused by higher inflation...
https://knews.kathimerini.com.cy/en/business/ryanair-s-jordan-schedule-takes-off-from-paphos
There is a four times weekly service from Paphos to Amman ...
https://knews.kathimerini.com.cy/en/life/study-examines-cypriot-consumer-habits
The majority of Cypriots prefer dining out over engaging in cultural activities, according to a recent survey, which also points to views that retail will pick it back up again but consumers also expect costs to rise. ...
https://knews.kathimerini.com.cy/en/business/cypriot-investor-signs-$4-2-billion-zimbabwe-platinum-deal
It is the largest investment structure in the country’s mining industry in Zimbabwe...
https://knews.kathimerini.com.cy/en/news/cyprus-won-t-abandon-gas-search-despite-geopolitical-challenges
Drillings planned in Cyprus' EEZ for 2018 mainly by ExxonMobil will give a pretty good idea about the island's resources...
https://knews.kathimerini.com.cy/en/news/eu-agrees-brexit-transition
May has described as unacceptable any possible deal that cuts Northern Ireland off from the rest of the UK...
https://knews.kathimerini.com.cy/en/business/uk-home-sellers-raise-prices-by-most-since-2007
Asking prices in the first quarter of 2018 as a whole were 3 percent higher than at the end of 2017...
https://knews.kathimerini.com.cy/en/business/paphos-holds-title-for-selling-land-to-most-foreigners
The booming city of Paphos has managed to defend its title for being at the top of real estate sales to foreign buyers, surpassing Limassol which is a very popular investment destination particularly for Russians. But there is some criticism over some of the tools being used to attract buyers, namely the cash-for-passport scheme....
