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1. All hell breaks loose as House probes match fixing

All hell broke loose during a House ethics committee hearing on Wednesday, when lawmakers heard troubling allegations about match fixing in Cyprus after a whistleblower publicly accused former president Nicos Anastasiades of interfering with a probe...

2. High prices continue to plague the market

3. Real estate trends in 2023

Increased inflation, rising interest rates, rising building costs, rising property values, a slight decline in new development approvals, a slight decline to stabilization in the unemployment rate, a slight increase in GDP, and a slight decline in private lending are just a few indicators of the (very) general economic picture....

4. Frozen fish and flour marked a substantial price increase

Frozen fish and flour recorded a high price increase, according to data published on Wednesday by the Consumer Protection Service of the Ministry of Energy, Commerce and Industry....

5. The ten-day stretch that ended DISY's crisis

When Averof Neophytou's disqualification from the second round was locked in on Sunday night, he made sure to call his two rival candidates in time to congratulate them on their victory. ...

6. Companies laying off employees to hire new ones at lower salaries

Keri and other recruiters say that candidate offers are now much lower and look more like those from 2019 — before the pandemic kicked off the Great Resignation, before Big Tech went on a hiring spree, and before anyone had heard of "quiet quitting."...

7. Guarantor wants off the hook over old bad loan

Cyprus’ financial commissioner came to the rescue of a loan guarantor who says he should not have to pay anything because a former credit union had failed to send him default notices 'without delay' concerning non-payment by the primary beneficiary...

8. No more Fridays. 4-day work week on the rise

The results are in: It's time for your company to stop working on Fridays (or Mondays)....

9. Social media campaigning is dominating this year's electoral race

If this election differs from previous ones in any way, it is because the lion's share of the advertising pie has shifted to digital media, particularly social media, with Facebook and Instagram dominating in terms of the amount of advertising content given to them....

10. Amazon to layoff 18,000 employees

Amazon.com Inc's layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday....

11. EY Future Consumer Index: consumers opt for caution this holiday season

EY Future Consumer Index: consumers opt for caution this holiday season to cope with rising cost-of-living and environmental concerns, new data finds ...

12. Rot

The sense of malaise often generates political surprises. And it always plays into the hands of the enemies of democracy....

13. The 2023 Budget in the vortex of the elections

The government of President Anastasiades has just submitted its final budget, for 2023. DISY will undoubtedly support the budget, but it will be interesting to see what position it will take if and when the polls are confirmed....

14. Apple supplier apologizes, offers $1400 payout to quell protests

Apple’s manufacturing partner Foxconn has offered payouts of Rmb10,000 ($1,400) to newly recruited staff who elect to leave the iPhone factory and vowed to honour pay agreements, in an attempt to quell unrest after workers violently clashed with police....

15. Brussels urging guidelines for NGO boats in the midst of France-Italy migrant dispute

The European Commission is pushing to create guidelines for the NGO boats rescuing migrants off Europe’s shores as part of a plan to reduce the number of asylum seekers heading to the Continent....

16. Qatar: Beer banned at stadiums just 2 days before World Cup

The sale of alcohol is strictly controlled in Qatar, and it had to relax its restrictions to allow FIFA sponsor Budweiser to sell its products outside World Cup match venues and fan zones. Now, fans have been told they cannot buy beer at any games during the tournament....

17. Layoffs begin at Twitter as offices temporarily close

Twitter Inc temporarily closed its offices on Friday after telling employees they will be informed by email later in the day whether they are being laid off....

18. What is causing the egg shortage?

Andreas Hadjiadamos, executive secretary of the supermarket association, and Marios Antoniou, secretary general of the Pancyprian retail association, both appeared reassuring about market egg shortages....

19. Wim Van Aken talks recession and the predictions for Cyprus

We are facing a double shock. First, we had the Covid-19 shock and now the global and European economies are facing a new shock with the war in Ukraine. Both events are unprecedented for many of us....

20. Bank of Cyprus announces €50m net profit in first half of 2022

Bank of Cyprus announced a profit after tax amounting to €50 million for the first half of 2022, setting its sights on dividend distribution in 2023, for the first time since 2011, depending on market conditions and regulatory approvals....

21. BA cancels hundreds more flights this summer

Most of the axed journeys, around 650, are in July while Heathrow and Gatwick airports will see around two-thirds of the cancellations....

22. Lawyer lying his way into client’s quarter million

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...

23. Global food prices rise to highest ever levels in March

Global food prices rose to their highest ever levels in March as a result of Russia’s invasion of Ukraine, the UN has reported....

24. Turkish opposition leader refuses to pay power bill in protest

Turkey’s main opposition leader said he will not pay his power bills until Tayyip Erdogan withdraws recent price hikes, and the president’s ruling party slammed the move on Thursday as a provocation amid growing discontent over surging inflation....

25. US judge sentences DVD pirate arrested in Cyprus

A British national who was arrested in Cyprus in 2020 in connection with a global piracy ring may start to take the FBI warning on DVD’s a bit more seriously, after a US judge this week sentenced the 'deeply remorseful' offender to 22 months...

26. COVID-19: Self-isolation for fully jabbed in England cut from seven days to five

The isolation period for fully vaccinated people in England who test positive for COVID will be reduced from seven days to five, the health secretary has announced....

27. Netflix loses nearly $45 billion in market cap

Netflix dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20 percent and wiping away most of its remaining pandemic-fueled gains from 2020, just a week after raising prices by up to $2 a month....

28. Extradition case in Cyprus gets political

Cyprus is in the middle of a politically-charged extradition battle where a mother and son wanted by Chinese authorities are getting support from an American organization backed by Donald Trump’s former advisor...

29. Cyprus detains man in Italy's abduction investigation

Cyprus police say an Israeli man has been arrested in Limassol in connection with an abduction of a minor, after Italy issued a red notice for the grandfather of a child who was the sole survivor in Italy’s cable car crash last summer...

30. Approximately 490 violations as of 11am Monday morning

As of 11am Monday morning, about 490 violations were recorded by mobile and street cameras around Cyprus,...