https://knews.kathimerini.com.cy/en/news/consumer-confidence-in-the-economy-deteriorates-in-june
The economic sentiment in Cyprus deteriorated in July, pushed downwards by weaker business confidence in services, industry and retail trade....
https://knews.kathimerini.com.cy/en/news/face-masks-now-required-in-pharmacies-labs-and-covid-testing-areas
Mandatory face masks return in pharmacies, labs and COVID testing units in Cyprus...
https://knews.kathimerini.com.cy/en/news/russia-strikes-back-with-expulsion-of-greek-diplomats
The Russian Federation declared eight Greek diplomats as 'personae non gratae' on Monday and gave them eight days to leave the country in retaliation for the similar move taken by Athens two and a half months ago on April 12...
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/news/ukraine-russian-missiles-hit-mall-with-over-1-000-people-inside
A busy shopping mall in the central Ukrainian city of Kremenchuk was hit by a rocket....
https://knews.kathimerini.com.cy/en/business/the-great-resignation-is-set-to-continue-worldwide-as-pressure-on-pay-mounts
The “Great Resignation” will continue apace in the year ahead as one in five workers say they are likely to switch to a new employer in the next 12 months.
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https://knews.kathimerini.com.cy/en/news/earl-of-wessex-pays-visit-to-the-english-school-in-nicosia
The English School students and faculty warmly welcomed HRH Prince Edward, the Earl of Wessex, to their premises on Tuesday, 21 June 2022, as part of the celebrations of Queen Elizabeth II‘s Platinum Jubilee across the Commonwealth of Nations. The Earl was received by Headmaster David Lambon and the Board of Management....
https://knews.kathimerini.com.cy/en/news/over-2-million-euros-earmarked-to-develop-cyprus-countryside
The Deputy Ministry of Tourism has announced funding of over €2 million for projects that create “authentic experiences” in the countryside and are calling on interested parties to apply for the subsidy....
https://knews.kathimerini.com.cy/en/business/businesses-will-be-allowed-vat-deferment-without-penalties
The European Commission has approved a €20 million Cypriot VAT deferral scheme to support businesses affected by the coronavirus pandemic and the restrictive measures put in place to limit the spread of the virus....
https://knews.kathimerini.com.cy/en/news/president-welcomes-earl-and-countess-of-wessex
Cyprus President Nicos Anastasiades received the Earl and Countess of Wessex at the Presidential Palace on Tuesday morning....
https://knews.kathimerini.com.cy/en/news/helmetless-motorcycle-passenger-killed-in-brutal-collision
A young man riding on the back of a motorcycle was killed in Limassol on Friday following a collision near Tsirio stadium, with police later arresting the car driver citing a traffic accident investigation...
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/rcb-finalizes-sale-of-its-loan-portfolio-to-hellenic
RCB Bank Ltd announced that the sale of Tranche B of its performing loan portfolio to Hellenic Bank Public Company Ltd has been successfully completed....
https://knews.kathimerini.com.cy/en/news/tourist-dies-in-motorcycle-accident-in-paphos
A male tourist in Paphos was killed in an accident over the weekend when his motorcycle collided with another vehicle, while his female passenger ended up being hospitalized in the capital on life support...
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.
...
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/news/switzerland-to-contribute-10-million-euros-to-assist-with-increasing-migration
The framework to implement the contribution of Switzerland to Cyprus, estimated at 10 million euros for the needs arising from the increasing migratory flows to the island was examined during a meeting on Thursday between Minister of Interior Nikos Nouris and Switzerland's ambassador to Cyprus, Pierre-Yves Fux....
https://knews.kathimerini.com.cy/en/news/euroasia-interconnector-will-help-free-eu-from-energy-dependence
Tapping into Israel’s vast renewable sources of energy will help reduce the EU’s dependence on Russia, European Commission President Ursula von der Leyen said during her visit to Israel, highlighting the importance of Cyprus and Greece in securing energy supply....
https://knews.kathimerini.com.cy/en/news/julie-fisher-will-be-the-new-us-ambassador-to-cyprus
Julie Fisher, currently serving as the US Special Envoy for Belarus, is the Biden administration's choice for the position of the new US Ambassador to Cyprus. Fisher's nomination will have to be confirmed by the Senate Foreign Relations Committee following the standard hearing process....
https://knews.kathimerini.com.cy/en/news/us-fed-raises-interest-rates-by-75-largest-hike-in-30-years
The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....
https://knews.kathimerini.com.cy/en/news/cyprus-airports-to-help-combat-human-trafficking
The Ministry of Interior, the Cyprus Police, and the Social Welfare Services in collaboration with Hermes Airports have launched a joint campaign at Larnaka and Pafos airports to raise awareness of human trafficking among the traveling public and its front-line staff....
https://knews.kathimerini.com.cy/en/business/the-15-branches-of-bank-of-cyprus-that-are-closing
The restructuring plan will go ahead by July 4 - There will be 60 left while it will also reduce ATMs...
https://knews.kathimerini.com.cy/en/news/no-drama-diplomat-announces-candidacy
Greek Cypriot chief negotiator Andreas Mavroyiannis announced his candidacy for president in next year’s election in the Republic of Cyprus, saying corruption will remain rampant unless the country is reunited once again into a 'proper state'...
https://knews.kathimerini.com.cy/en/news/legal-chaos-after-president-commutes-life-sentence
Critics in the world of justice in Cyprus are crying foul after the President offered clemency to a man whose life sentence early in an Ayia Napa quadruple murder trial made him a credible state witness who helped put away other defendants...
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/new-diabetes-drug-helps-people-lose-weight
A weekly dose of a medication recently approved by the US Food and Drug Administration to treat type 2 diabetes may help adults without diabetes lose weight as well, a new study found....
https://knews.kathimerini.com.cy/en/news/eu-strikes-deal-on-adequate-minimum-wage-in-member-states
With a deal struck on Monday night, Parliament and Council negotiators agreed on EU rules to set adequate minimum wages, as provided by national law and/or collective agreements....
https://knews.kathimerini.com.cy/en/business/an-increasing-number-of-bounced-checks-were-recorded-by-the-cbc
The number and amount of bounced cheques recorded in the Central Bank of Cyprus' (CBC) preliminary Central Information Register (CIR), showed an upward trend in the first five months of 2022, according to data released Tuesday....
https://knews.kathimerini.com.cy/en/news/experimental-drug-clears-every-patient-of-rectal-cancer
An experimental drug appeared to clear every patient of rectal cancer with minimal side effects in an unprecedented study, but oncologists say it's too early to be sure that they're cured....
https://knews.kathimerini.com.cy/en/news/labor-minister-zeta-emilianidou-has-died-aged-68
The Presidency of the Republic has expressed its deepest sorrow over the death of Labour and Social Insurance Minister Zeta Emilianidou....