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391. 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....

392. Jordan and EU strengthen energy ties via Cyprus

The desire for cooperation with Cyprus on the issue of Jordan's electricity connectivity with the EU was expressed by the Jordanian Minister of Energy during his meetings with the Cypriot Minister of Energy in Amman. ...

393. Eurobank Cyprus reports soaring profits amid rising interest rates

Eurobank Cyprus posted soaring profitability after tax for the first half of 2023 with net profits approaching the profitability of full year 2022, due to rising interest rates and the high remuneration of its liquidity held at the ECB....

394. Retail trade soars by 8.4% in June

Retail trade turnover increased by 8.4% in value and 6.4% in volume in June 2023 compared to the corresponding month of 2022, according to data presented by the Statistical Service on Tuesday....

395. Lawsuit threatens €284.5M PDO halloumi industry

Shortly before the completion of a year (July 22, 2022) since the agreement between the Ministry of Agriculture, producers, cheesemakers, and KEVE, and the implementation of the terms of the European Regulation in the halloumi production chain, it seems that Cyprus' protected cheese is facing new challenges....

396. Company loses €93,187 in scam

Yesterday, the police arrested a 60-year-old person as part of their investigation into an online fraud case that occurred in Limassol in 2019....

397. A long journey always begins with a small step

The many crises the EU has been facing recently should not let us forget the ongoing pain caused by the open wound of Cyprus’ division....

398. Experts confront the menace of feline coronavirus

399. Russian warning sparks Black Sea grain export tensions

Russia warned that from Thursday any ships traveling to Ukraine's Black Sea ports will be seen as possibly carrying military cargoes after Ukraine said it was setting up a temporary shipping route to try and continue its grain exports....

400. Is dark chocolate a health booster?

If one of your health goals is to eat healthy, nutrient-rich foods, you may assume that means saying goodbye to anything chocolatey....

401. Concerns over food crisis and rising prices

The head of the Competition Division of the Consumer Protection Agency at the Ministry of Commerce, Aliki Iordanou, stated that there has been no increase in product prices despite the zero VAT rate....

402. 24-year old awarded $18.8M in lawsuit over talc-based baby powder

A 24-year-old man in California was awarded $18.8 million on Tuesday in his lawsuit against Johnson & Johnson, in which he blamed talc in the company's baby powder for giving him cancer....

403. Athens wildfire affects almost 35,000 hectares

The area affected by the fire that broke out on July 17th in Neo Kouvara and spread to areas in Eastern Attica (Lagonisi, Saronida, Anavyssos) covers 34,724 hectares. ...

404. The 24-hour solution to plastic waste

Researchers at The University of Texas in Austin discovered an enzyme that eats plastic fast, and scientists think it could revolutionize how we deal with waste....

405. Construction materials up by 5.78%

An annual increase of 5.78% was recorded in the Price Index of Construction Materials for the period January-June 2023, compared to the same period in 2022, according to data published by the Cyprus Statistical Service on Tuesday....

406. Over one-third of Turkish fruit and vegetable imports to EU violate safety standards

According to the Association of Greek Fruit, Vegetable, and Juice Exporters and Traders (INCOFRUIT-HELLAS), over one-third (35.3%) of fruit and vegetable shipments imported from Turkey to the European Union (EU) were found to contain excessive pesticide levels, as reported by the Rapid Alert System for Food and Feed (RASFF)....

407. Inflation drops, but food prices soar

According to Marios Droussiotis, the president of the Cyprus Consumers Association, inflation is decreasing, but food prices remain excessively high. In an interview with K, he explained that although the overall inflation rate in Cyprus is 1.9%, the prices of food items have increased by 9.8%....

408. Fuel prices plummet while food costs soar

Liquid fuels experienced the most significant annual percentage decline in June, dropping by 27.2%. Contributing to a 1.9% inflation squeeze, the lowest point in 25 months, was a 25.6% annual decline in oil prices....

409. Cyprus inflation at 1.9%

Inflation in Cyprus reached its lowest level in 25 months in June 2023 and stood at 1.9% on an annual basis, mainly due to the decline in food prices....

410. EU Commission proposes digital euro as cash alternative

Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially, electronic cash. ...

411. Gasoline and diesel prices expected to drop

Reductions of up to 3 cents are expected to be observed in the retail prices of unleaded gasoline (95 octanes) and diesel fuel in the coming days, according to the Director of Consumer Protection Service at the Ministry of Energy, Commerce, and Industry, Konstantinos Karagiorgis, as reported by the Cyprus News Agency (CNA)....

412. Double impact on gas station owners

Citizens are in turmoil following the termination of reduced special consumption tax rates on transportation and heating fuels, which resulted in increases of 8.32 cents in gasoline and diesel, and 6.83 cents in heating fuels. ...

413. Cyprus unveils culinary brilliance at Gastronomos Awards

The anticipation reached a fever pitch as Cyprus braced itself for the grand culmination of the year-long journey celebrating its prodigious producers....

414. Shining a spotlight on Cypriot producers

"The Gastronomo and Kathimerini Quality Awards annually bring to the forefront the remarkable achievements of Cypriot producers who often remain undiscovered within our country, showcasing their pride in local products,...

415. Unmasking tax evasion on Greek islands

New technologies, as well as citizens, are bringing cases of major tax evasion to the surface....

416. Halloumi takes a bite of the Big Apple

Cyprus is making its mark in the international food market as it participates in the "Fancy Food Show" in New York. The country's halloumi cheese companies are taking center stage by sponsoring two European programs, "EU Delicious" and "Cheese U," with the goal of promoting Cypriot cheese globally....

417. Nicosia seeks compromise on EU pesticide policy

The sustainable use of pesticide regulation in the EU will be among the topics discussed at the Agriculture and Fisheries Ministers Council, which is taking place in Luxembourg on June 26-27...

418. The obstacles to being vegan in Cyprus

Have you ever thought about going vegan? The decision to adopt a vegan lifestyle goes beyond mere dietary choices....

419. Virgin Galactic closer to commercial flights this June

Virgin Galactic aims to launch its commercial space tourism service in late June....

420. Creating tasty flavors from leftover food

Tyler Malek's ice cream parlors in Los Gatos, California, are actively embracing the upcycling movement by crafting premium ice cream flavors from leftover food....