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12° Nicosia,
08 February, 2025
 

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Displaying results 1-30 of 520 matches for query revenue.

1. New garbage tax could mean higher costs for citizens

https://knews.kathimerini.com.cy/en/news/new-garbage-tax-could-mean-higher-costs-for-citizens

Cypriot citizens may soon face higher waste disposal costs as a new bill proposes an additional municipal waste landfill tax, adding financial pressure on households already grappling with rising living expenses....

2. Illegal tobacco stash found in daycare nursery

https://knews.kathimerini.com.cy/en/news/illegal-tobacco-stash-found-in-daycare-nursery

Authorities in Cyprus have made a series of eyebrow-raising discoveries in recent days, seizing large quantities of untaxed tobacco—one of which was found in an unexpected and highly unusual location: a daycare nursery....

3. Car distributors exploiting drivers with fees on airbag recalls

https://knews.kathimerini.com.cy/en/news/car-distributors-exploiting-drivers-with-fees-on-airbag-recalls

Lawmakers are taking aim at two car distributors accused of charging administrative fees for replacing recalled airbags, calling the practice ''obscene'' and ''exploitative.''...

4. Trump hints at new tariffs on EU imports as trade tensions escalate

https://knews.kathimerini.com.cy/en/business/trump-hints-at-new-tariffs-on-eu-imports-as-trade-tensions-escalate

US President Donald Trump has suggested that the European Union (EU) could be the next target of US tariffs, following the imposition of 25% levies on imports from Mexico, Canada, and China....

5. Limassol soars, bananas bend, and ambulances demand more car crashes

https://knews.kathimerini.com.cy/en/comment/opinion/limassol-soars-bananas-bend-and-ambulances-demand-more-car-crashes

The mayor of Limassol has expressed concerns over the ''Pay As You Throw'' program. Oh, for heaven’s sake. Personally, I believe Limassolians should pay double what everyone else pays—and without complaints. ...

6. Mohamed Salem case: Acquitted on naturalisation charges

https://knews.kathimerini.com.cy/en/news/mohamed-salem-case-acquitted-on-naturalisation-charges

The Supreme Court on Thursday acquitted most of the defendants in a case involving irregularities in the Cyprus Investment Programme (CIP) related to the naturalisation of investor Mohamed Salem and his family....

7. Funeral parlors accused of paying bribes for bodies

https://knews.kathimerini.com.cy/en/news/funeral-parlors-accused-of-paying-bribes-for-bodies

Licensed funeral parlor owners in Cyprus are raising alarm over what they describe as an alarming trend of illegal funeral homes bribing hospital workers to secure the bodies of the deceased. ...

8. Greece cracks down on Airbnb rentals

https://knews.kathimerini.com.cy/en/news/greece-cracks-down-on-airbnb-rentals

In a bold step to address its worsening housing crisis, Greece has introduced sweeping legislation to clamp down on short-term rentals listed on platforms like Airbnb. ...

9. AI to shake up banking putting thousands of jobs at risk

https://knews.kathimerini.com.cy/en/news/1-ai-to-shake-up-banking-putting-thousands-of-jobs-at-risk

The global banking industry is bracing for a seismic shift as artificial intelligence (AI) continues to revolutionize the sector. A recent study by Bloomberg Intelligence predicts that up to 200,000 jobs in banking will be eliminated over the next three to five years as AI takes over tasks currently performed by employees....

10. Mango founder Isak Andic dies at 71 after tragic accident

https://knews.kathimerini.com.cy/en/business/mango-founder-isak-andic-dies-at-71-after-tragic-accident

Isak Andic, the visionary behind global fashion brand Mango, tragically passed away at the age of 71 following an accident during a family excursion. ...

11. Cyprus MPs vote on major bills, including tax hikes and baby bonuses

https://knews.kathimerini.com.cy/en/news/cyprus-mps-vote-on-major-bills-including-tax-hikes-and-baby-bonuses

The Cyprus Parliament was busy on Thursday, voting on a series of important bills that could reshape the island's economic landscape and support families....

12. ‘Business as usual’ for world’s top companies as they get ahead of mandatory sustainability reporting rules

https://knews.kathimerini.com.cy/en/news/‘business-as-usual-for-world-s-top-companies-as-they-get-ahead-of-mandatory-sustainability-reporting-rules

With mandatory sustainability reporting nearly upon us, new research from KPMG reveals the world’s biggest companies are taking a proactive approach, with a significant increase in businesses already publishing ESG data, including carbon reduction targets....

13. Hellenic Bank CEO Michalis Louis on merger plans and Cyprus' future

https://knews.kathimerini.com.cy/en/business/hellenic-bank-ceo-michalis-louis-on-merger-plans-and-cyprus-future

According to Kathimerini's Panayiotis Rougalas, Michalis Louis, in his first interview since becoming CEO of Hellenic Bank, discussed the challenges and opportunities ahead, especially in the context of the bank’s merger plans and its strategies for growth....

14. Temu’s tempting deals are a double-edged sword for Cypriot shoppers

https://knews.kathimerini.com.cy/en/life/temu-s-tempting-deals-are-a-double-edged-sword-for-cypriot-shoppers

Temu, an emerging e-commerce platform, offers an extensive range of products, from gadgets and household goods to clothing and toys, at remarkably low prices....

15. A critical step for economic growth in Cyprus includes tax reform

https://knews.kathimerini.com.cy/en/business/minister-of-finance-outlines-plans-for-a-fairer-more-efficient-and-globally-competitive-tax-system

Speaking at an Open Discussion Event organized by the G.R.M. Professional Training Center at the St. Raphael Resort in Limassol, under the theme “The Upcoming Tax Reform in Cyprus: Purpose, Guidelines, and Timelines,” the Minister announced that a comprehensive meeting is planned for early 2025....

16. Didn’t know? Should’ve asked!

https://knews.kathimerini.com.cy/en/comment/opinion/didn-t-know-should-ve-asked

The Presidential Office appears to be in search of the 200 companies that have invested in Cyprus—a surprising development given the article published in "K" on November 24th....

17.  Debate intensifies over proposed 5% tax on bank profits in Cyprus

https://knews.kathimerini.com.cy/en/news/debate-intensifies-over-proposed-5-tax-on-bank-profits-in-cyprus

According to a report by Panayiotis Rougalas in today's 'Oikonomiki', a controversial proposal to introduce a 5% tax on bank profits in Cyprus is racing against time to be debated in Parliament before the Christmas recess....

18. Nicosia aims to become a model for sustainable tourism

https://knews.kathimerini.com.cy/en/business/nicosia-aims-to-become-a-model-for-sustainable-tourism

Nicosia is positioning itself as a model for combining urban and rural tourism, offering a rich blend of cultural heritage, modern experiences, and sustainable development, according to Deputy Minister of Tourism, Costas Koumis....

19. Cybersecurity and ICT risks emerge as leading drivers of operational risk

https://knews.kathimerini.com.cy/en/business/cybersecurity-and-ict-risks-emerge-as-leading-drivers-of-operational-risk

Geopolitical tensions have significantly increased operational risks, particularly in the areas of cyber and digital threats, as well as risks related to money laundering and sanctions compliance....

20. Temporary truce in the healthcare sector as December showdown looms

https://knews.kathimerini.com.cy/en/news/temporary-truce-in-the-healthcare-sector-as-december-showdown-looms

A temporary truce has been reached in the healthcare sector following the 48-hour doctors' strike....

21. Petrolina acquires Esso in Cyprus for €48.6 million

https://knews.kathimerini.com.cy/en/business/petrolina-acquires-esso-in-cyprus-for-€48-6-million

Petrolina (Holdings) Public Limited (PHL) has successfully acquired ExxonMobil Cyprus Limited (EMCL), the company behind the Esso brand in Cyprus, for €48.6 million. ...

22. 22 million users cut off as Europe's largest piracy ring busted

https://knews.kathimerini.com.cy/en/news/22-million-users-cut-off-as-europe-s-largest-piracy-ring-busted

In a sweeping operation spanning multiple countries, Italian police dismantled a massive illegal streaming network that served more than 22 million users across Europe. Dubbed ''Operation Takendown''...

23. FT: How oil and gas companies hide methane emissions, threatening climate goals

https://knews.kathimerini.com.cy/en/business/ft-how-oil-and-gas-companies-hide-methane-emissions-threatening-climate-goals

Methane, a potent greenhouse gas, is quietly driving climate change while remaining hidden from view. The oil and gas industry is among the largest contributors to this problem, with companies using various methods to obscure the true scale of their emissions. Here's what you need to know....

24. Greek workers strike over rising costs and low wages

https://knews.kathimerini.com.cy/en/news/greek-workers-strike-over-rising-costs-and-low-wages

Greek workers are currently on strike today, Wednesday, causing disruptions at ports, and on buses and trains. The nationwide strike, which includes transport workers, doctors, teachers, and construction workers, is a protest against rising living costs and demands for higher wages....

25. 50 million luxury shoppers pull back as market slows

https://knews.kathimerini.com.cy/en/business/50-million-luxury-shoppers-pull-back-as-market-slows

For the first time since the 2009 financial crisis, the luxury goods market is losing its shine. A whopping 50 million shoppers have stopped splurging on designer bags, watches, and other high-end items, according to Bain & Company’s latest report....

26. Sklavenitis to revamp Papantoniou supermarkets across Cyprus

https://knews.kathimerini.com.cy/en/business/sklavenitis-to-revamp-papantoniou-supermarkets-across-cyprus

In September 2025, the Sklavenitis Cyprus network will officially complete its acquisition of Papantoniou Supermarkets, a move that will significantly reshape the local retail landscape, according to Kathimerini's Dorita Yiannakou....

27. Bank of Cyprus reports €401 million profit surge

https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-reports-€401-million-profit-surge

In the latest financial report, Bank of Cyprus has reported a solid profit of €401 million for the first nine months of 2024—a 15% jump from last year’s €349 million. ...

28. Cyprus trade deficit drops by €1.18 billion as imports and exports decline

https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-drops-by-€1-18-billion-as-imports-and-exports-decline

Cyprus’ trade deficit dropped significantly by 17.4%, or €1.18 billion, in the first nine months of the year compared to the same period in 2023, according to provisional data from the Statistical Service of Cyprus (Cystat). ...

29. What Trump’s election could mean for American taxpayers

https://knews.kathimerini.com.cy/en/news/what-trump-s-election-could-mean-for-american-taxpayers

A Donald Trump presidential election victory would have huge implications for US trade policy......

30. Larnaca and Paphos airports to handle 17.5 million passengers annually

https://knews.kathimerini.com.cy/en/news/larnaca-and-paphos-airports-to-handle-17-5-million-passengers-annually

The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......

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