https://knews.kathimerini.com.cy/en/news/petroleum-product-sales-up-by-34-oil-reserves-down-by-17-1
Total sales of petroleum products increased by 34% on an annual basis in May 2022, while total petroleum reserves decreased by 17.1% (18,020 tons) at the end of May 2022, compared to the end of May 2021....
https://knews.kathimerini.com.cy/en/business/can-something-really-come-from-nothing
A consumer electronics start-up called Nothing has secured financing of more than $200mn to launch its debut smartphone, in the first attempt for several years by a newcomer to crack a market dominated by Apple and Samsung....
https://knews.kathimerini.com.cy/en/business/construction-materials-up-by-21-81-in-may-2022
The Price Index of Construction Materials went up by 21.81% in May 2022 compared to the corresponding month of 2021, and continued the upward trend that follows since January 2021....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-drives-sustainable-digital-innovation-in-financial-services-with-kyndryl
Kyndryl, the world's largest IT infrastructure services provider and Bank of Cyprus, the leading banking and financial services group in Cyprus, announced an agreement to expand their collaboration with a new five-year managed IT services program that advances the Bank’s ESG commitments through 2030, by supporting the Bank’s levels of service, giving access and visibility to its products to all stakeholders....
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.
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https://knews.kathimerini.com.cy/en/business/the-end-of-an-era-as-revlon-files-for-bankruptcy
The US cosmetics group Revlon has filed for bankruptcy protection after battling supply chain problems and failing to compete with celebrity-backed and social media-savvy upstarts....
https://knews.kathimerini.com.cy/en/business/myth-buster-ifrs-17-an-accounting-standard-for-insurance-contracts
As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...
https://knews.kathimerini.com.cy/en/news/russia-will-free-up-ukrainian-ports-to-allow-grain-exports
Russia and Turkey on Wednesday voiced support for the creation of a safe maritime corridor in the Black Sea so Ukraine can export grain to global markets amid an escalating world food crisis....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-strengthens-the-cyprus-red-cross-for-the-9th-consecutive-year
The amount of €45,500 was raised with the contribution of its customers, from the sales of Favorina products....
https://knews.kathimerini.com.cy/en/business/cablenet-and-plume-fast-tracking-the-intelligent-home-evolution-in-cyprus
Cablenet, a leading Telecommunications provider in Cyprus, today announced the start of a new era in intelligent home services. ...
https://knews.kathimerini.com.cy/en/news/europe-agrees-to-ban-90-of-russian-oil
European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as part of new sanctions on Moscow worked out at a summit focused on helping Ukraine with a long-delayed package of new financial support....
https://knews.kathimerini.com.cy/en/news/glamping-is-on-the-rise-and-hostels-are-coming-soon
In January 2020, Airbnb's were officially allowed to operate in Cyprus, giving tourists an alternate mode of accommodation on the island in addition to hotels and hotel apartments....
https://knews.kathimerini.com.cy/en/business/nipd-genetics-announces-the-haemophilia-and-thrombosis-panel-to-be-offered-as-a-stand-alone-panel
As part of the commitment to continuous improvement of products and services, NIPD Genetics announces today that the Rodinia Haemophilia and Thrombosis Add-on Panel can now be selected as a Stand-alone Panel. ...
https://knews.kathimerini.com.cy/en/news/nicosia-police-officer-caught-stealing
Authorities arrested a 47-year-old police officer after surveillance cameras caught him stealing from a supermarket in Nicosia....
https://knews.kathimerini.com.cy/en/business/ikea-to-start-selling-solar-panels-in-us-stores
The popularity of solar has gone through the roof—and now IKEA is making it easier to install some panels on your roof....
https://knews.kathimerini.com.cy/en/news/op-ed-america-has-more-guns-than-any-other-country
America has been shaken — once again — by mass shootings. On May 14, a gunman killed 10 people in a supermarket in Buffalo. On Tuesday, at least 19 children and two adults were killed in Uvalde, Texas. ...
https://knews.kathimerini.com.cy/en/news/satellite-images-appear-to-show-russian-ships-stealing-ukrainian-grain
Russia's theft of Ukrainian grain appears to be ramping up as it continues its war on the country, according to new satellite photos of the Crimean port of Sevastopol....
https://knews.kathimerini.com.cy/en/news/ukraine-us-may-send-advanced-anti-ship-missiles-to-fight-russian-blockade
The White House is working to put advanced anti-ship missiles in the hands of Ukrainian fighters to help defeat Russia's naval blockade, officials said, amid concerns more powerful weapons that could sink Russian warships would intensify the conflict....
https://knews.kathimerini.com.cy/en/news/moscow-won-t-open-ukrainian-ports-for-grain-export-unless-sanctions-are-reviewed
Moscow said on Thursday that sanctions on Russia would have to be reviewed if it were to heed a U.N. appeal to open access to Ukraine's Black Sea ports so that grain could be exported, according to an Interfax news agency report....
https://knews.kathimerini.com.cy/en/news/appliance-company-fined-€30-000-for-misleading-consumers
Alpan Electroline Ltd. has been fined €30,000 by the Cyprus Consumer Protection Service for misleading sales practices....
https://knews.kathimerini.com.cy/en/news/ec-projects-economic-slowdown-and-rising-inflation-for-cyprus
The European Commission has revised its economic projections for Cyprus citing a downward trend due to the effects of Russia’s invasion of Ukraine and the associated sanctions against Moscow on the island’s tourist and services sector....
https://knews.kathimerini.com.cy/en/business/trade-deficit-at-€429-million-in-february-and-€729-million-in-march
The trade deficit in February amounted to €429 million, according to the final data on the month's trade published by the Statistical Service on Tuesday. Additionally, preliminary data from the Statistical Service show that the trade deficit for March 2022 reached €729 million....
https://knews.kathimerini.com.cy/en/life/spring-is-here-and-so-is-the-reggae-spring-gathering
The well-established Spring Reggae Gathering is finally back in Nicosia! On Saturday, May 14, you will have the opportunity to attend one of the most entertaining events of the capital in the beautiful Municipal Garden of Nicosia. Bop to the rhythms of Roots Reggae and Dub music by selected DJs!...
https://knews.kathimerini.com.cy/en/news/missiles-pound-odesa-after-russia-marks-ww2-victory
Buildings in Odesa lay in ruins on Tuesday, a day after Kremlin forces pounded the southern Ukrainian port with missiles and Russian President Vladimir Putin led defiant celebrations marking the Soviet's victory over Nazi Germany in World War Two...
https://knews.kathimerini.com.cy/en/news/half-a-million-tourists-from-the-us-expected-to-visit-greece-this-year
Never before has Greece had half a million tourists from the United States in one year, or more than 60 direct weekly flights between the US and Athens, Tourism Minister Vassilis Kikilias told Skai Radio, adding that the government expects significant revenues from the sector in 2022....
https://knews.kathimerini.com.cy/en/news/kyriakides-one-step-closer-to-a-european-health-union
The foundations and backbone of the European Health Union are being laid today, Kyriakides tells CNA...
https://knews.kathimerini.com.cy/en/news/eu-to-propose-import-ban-on-all-russian-oil
Brussels will propose a phased-in ban on imports of all Russian oil as member states prepare to discuss a sixth package of penalties against Moscow for its invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/putin-orders-retaliatory-sanctions-against-west
Russian President Vladimir Putin has signed a decree on retaliatory economic sanctions in response to the "unfriendly actions of certain foreign states and international organizations", the Kremlin said on Tuesday....
https://knews.kathimerini.com.cy/en/news/plastic-waste-could-be-a-thing-of-the-past-thanks-to-a-new-enzyme
Plastic waste dumped in landfills could be cleared sooner than expected after engineers developed an enzyme that can break it down in just a few hours....
https://knews.kathimerini.com.cy/en/news/zelensky-warns-of-world-food-crisis-as-russia-blocks-4-5m-tons-of-grain-leaving-black-sea
The Russian army bombed a grain warehouse in Ukraine and tightened its blockade on Black Sea ports, sparking fears of a new global food crisis....
