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1531. KPMG survey: companies see climate change as financial risk but disclosure quality must improve

56% of the world’s 250 largest companies (G250) now acknowledge climate change as a financial risk to their business in their corporate reporting, according to a new KPMG International survey, which also revealed that the quality of climate-related risk disclosures among these companies needs to improve...

1532. Restricted Christmas on the way, experts say

Coronavirus experts are mulling over plans for restrictions over Christmas, and stress that we shouldn’t expect carefree holidays....

1533. Virus continues to attack nursing homes

Spokesperson for the Cyprus state health services Charalambos Charilaou told the Cyprus News Agency on Friday that the virus’ assault on nursing homes in Nicosia and Limassol is ongoing, with an estimated 25% of coronavirus patients at the Famagusta general hospital involving residents of nursing homes....

1534. Coronavirus report shows Nicosia, Larnaca situation deteriorating

A new national surveillance report published and presented on Friday by the government’s health advisory committee showed Limassol and Paphos are making epidemiological progress, but Nicosia and Larnaca are presenting higher rates of coronavirus transmission. ...

1535. Scientists warn against rapid test self-checking

The rapid antigen tests that the health ministry recently stocked up on in its battle against time to detect coronavirus cases among Cyprus employees require careful handling....

1536. Pfizer ends Covid-19 trial with 95% efficacy

Pfizer Inc said on Wednesday that final results from the late-stage trial of its Covid-19 vaccine show it was 95% effective, adding it had the required two-months of safety data and would apply for emergency US authorization within days....

1537. Cyprus experiencing excessive macroeconomic imbalances

The European Commission said Wednesday that Cyprus continues to face excessive macroeconomic imbalances, particularly in view of the country’s very high percentage of non-performing loans that continue to plague the financial sector, but also in light of high private sector, government, and external debt....

1538. Cyprus suspends freedom of assembly

The health ministry in the Republic of Cyprus has issued a ban on public gatherings, including the right to a peaceful assembly, saying high risks of spreading the coronavirus could take a toll on the country’s healthcare system...

1539. Cyprus reports 228 new coronavirus cases

Cyprus authorities announced that 228 new coronavirus cases were detected on Tuesday, when a whopping 8,887 tests were conducted, raising total cases detected so far to 7,513....

1540. Turkey and EU fall out over Varosha

Ankara is accusing the European Union of "ignoring the free will" of Turkish Cypriots, in response to EU High Representative Joseph Borrell, who deplored the latest developments in Varosha and called for them to be undone...

1541. Highways clog as authorities issue travel ban specifics

The health ministry on Friday clarified that 12 categories of people are exempted from the travel ban enforced on the Limassol and Paphos districts until the end of the month, but said that as of next Wednesday, November 18, each person wanting to get through the roadblocks will have to show proof of a negative coronavirus test taken no more than seven days prior....

1542. Coronavirus case fatality risk in Cyprus stands at 0.6%

A national surveillance report published Friday showed that by November 8, the island’s pandemic had seen 33 coronavirus fatalities after 5,854 detected cases, indicating a case fatality rate of 0.6%....

1543. Network resilience in a post-pandemic world

While telcos have largely risen to the challenge of withstanding a surge in network demand during the COVID-19 pandemic, pressure to maintain infrastructure resilience and expand reach emerges as the most pressing sector challenge...

1544. Cavusoglu indicates tough stance on Cyprus talks, East Med

The Turkish Cypriot community is no longer willing to sit at the table “just to negotiate,” Turkish Foreign Minister Mevlut Cavusoglu said on Tuesday, indicating a tougher stance towards UN-brokered talks aimed at reunifying the divided island....

1545. Lute expected in Cyprus to test the waters

UN Secretary General Antonio Guterres has instructed his special advisor Jane Holl Lute to begin consultations with all parties involved in the Cyprus problem in order to determine whether the preconditions are in place to convene an informal 5+1 meeting on Cyprus. ...

1546. Cyprus updates travel list

The Republic of Cyprus downgraded eight countries in its three-tier risk-based classification system and upgraded one, with the updated list coming into effect on November 9....

1547. Cyprus takes another crack at COVID

President Nicos Anastasiades got personal in his address to the nation on Wednesday night, calling on citizens to do their fair share to stop the spread of the coronavirus while announcing stricter measures in all districts including a night curfew...

1548. Cyprus tightens restrictions, imposes 11pm curfew

In a national address on Wednesday night, the Cyprus President Nicos Anastasiades said the government was obliged to take tough decisions for stricter measures as the island was no exception to Europe’s second coronavirus wave, before the health minister stepped in to outline the new measures that come into effect on Thursday....

1549. Bill introduces femicide in penal code

A new bill proposal calling for femicide to be recognized officially as a sex-based hate crime has been submitted to the House legal affairs committee, with proponents saying the term would be helpful for prosecutorial reasons while some critics say the law might be sexist...

1550. Over 40% of coronavirus cases detected in past fortnight

In the last 14 days (11-24 October), 1,374 cases of coronavirus were diagnosed in Cyprus, which corresponds to 40.5% of the total cases (3,388) recorded until the October 24, according data published in the National Surveillance Report on Thursday, produced by the Epidemiological Surveillance Unit of the Ministry of Health....

1551. Appointment of Directors, Principals, Senior Manager in K. Treppides & Co

The Management of K. Treppides & Co Ltd committed to develop leadership that derives from its own people, who pursue excellence in the provision of high quality specialised and unique services, is pleased to announce the appointment of the following members into the Board of Management with effect 1 October 2020...

1552.  EY announces the win of three 2020 Microsoft Global Partner of the Year Awards

1553. Constitutional crisis unfolds over passports

An unprecedented constitutional crisis has been unfolding in the Republic of Cyprus, with the attorney general publicly scolding an inquisitive auditor general and asking him to back off from seeking access to files in connection with golden passports linked to a casino project...

1554. Fresh total lockdown out of the question for Cyprus govt

Finance minister Constantinos Petrides on Monday strongly refuted the possibility of Cyprus entering a second lockdown, such as the one it was plummeted into in March as a result of the outbreak of coronavirus....

1555. 5G wars over Cyprus rage on

The Chinese Embassy in Cyprus accused Washington over the weekend of “openly coercing” Nicosia and other allies into keeping out Chinese companies in setting up 5G networks...

1556. Expert concerned over cases at private hospitals, businesses

Member of the government’s health advisory committee Dr Petros Karayiannis raised the alarm on Friday over the large numbers of new coronavirus cases being detected among employees of private sector establishments such as hospitals, universities, banks, and companies....

1557. Reynders: 'golden passport' schemes must be abolished

The EU Commissioner for Justice Didier Reynders briefed the plenary of the European Parliament on Thursday on the Commission’s decision to initiate infringement proceedings against Cyprus and Malta in view of their ‘golden passports’ schemes which appear to be in violation of EU law....

1558. Consumables suspected after cataract fail

Cypriot health officials are trying to find out what caused a serious infection to eight patients who had cataract surgery in Nicosia last week, with reports suggesting medical consumables may have introduced a dangerous bacterium that could cause loss of eyesight or worse...

1559. Golden passports pushed forward in Commission agenda

After the Al Jazeera revelations, the Cyprus Investment Program is being pushed into the European Commission’s discussion agenda....

1560. Megatrends that will shape the future

EY’s recent report, Megatrends 2020 and beyond, examines the new "megatrends", the forces that created them and their potential impact...