https://knews.kathimerini.com.cy/en/business/swiss-central-bank-slashes-interest-rates-to-0-to-fight-soaring-franc-and-deflation
In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....
https://knews.kathimerini.com.cy/en/news/the-catalytic-role-of-legal-and-regulatory-functions-in-the-modern-era-of-sustainable-development
In the traditional business environment, legal and compliance professionals were seen as “gatekeepers.” Today, they are evolving into custodians of alignment and harmonization with legal and regulatory frameworks. ...
https://knews.kathimerini.com.cy/en/business/ecb-poised-for-fall-rate-decision-as-growth-tariffs-and-inflation-weigh-in
The European Central Bank will reassess its interest rate policy this fall, weighing whether additional cuts are necessary after a recent series of reductions brought its main rate to 2%, with inflation easing to 1.9%....
https://knews.kathimerini.com.cy/en/business/oil-and-gas-prices-surge-after-attack-on-iran-nuclear-sites
Global energy prices soared and markets plunged Thursday following an attack on Iran’s nuclear facilities, intensifying fears of a wider Middle East conflict and compounding global economic pressures....
https://knews.kathimerini.com.cy/en/news/man-rescues-entangled-loggerhead-turtle-off-akamas-coast
A man out on a speedboat near the Akamas peninsula came to the rescue of a distressed loggerhead sea turtle (Caretta caretta) after spotting it tangled in a plastic bag and struggling to swim....
https://knews.kathimerini.com.cy/en/news/experts-puzzled-by-unusual-seismic-activity-linked-to-earthquake-at-mount-athos
A flurry of unusual seismic activity, centered offshore near Mount Athos, home to ancient Orthodox monasteries, has scientists puzzled and on high alert....
https://knews.kathimerini.com.cy/en/news/imf-and-eu-to-cyprus-cool-it-on-the-pay-rises-you-re-not-made-of-money
Cyprus may be riding high on economic growth, but the message from international watchdogs this week is blunt: slow down the spending, especially on public salaries, or risk unraveling the progress....
https://knews.kathimerini.com.cy/en/news/new-u-s-travel-ban-to-block-visitors-from-nearly-20-countries
In a move that echoes one of the most controversial policies of his presidency, former U.S. President Donald Trump has signed a new travel proclamation that blocks or restricts entry into the United States from nearly 20 countries....
https://knews.kathimerini.com.cy/en/business/may-newsletter-of-k-treppides-co-ltd-–-30-05-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
https://knews.kathimerini.com.cy/en/news/no-green-light-for-jet-skis-yet-as-ayia-napa-puts-konnos-water-sports-on-hold
Water sports at one of Cyprus’ most popular beaches are on hold, for now. The Ayia Napa Municipality has hit pause on the licensing process for activities in the Konnos Bay area, raising red flags over safety and health concerns....
https://knews.kathimerini.com.cy/en/news/debate-over-euthanasia-bill-draws-public-and-political-reactions
A proposed bill to legalize euthanasia in Cyprus has prompted public discussion and divided opinions among lawmakers, with supporters advocating for open dialogue and critics warning of potential risks....
https://knews.kathimerini.com.cy/en/news/honda-reports-more-than-1-300-monthly-appointments-for-takata-airbag-replacements
Galatariotis Motors and Honda Cyprus announced that the nationwide airbag replacement campaign for vehicles affected by the Takata recall is continuing at a steady pace, with more than 1,300 appointments being processed each month at authorized service centers across the country....
https://knews.kathimerini.com.cy/en/news/eac-adjusts-smart-meter-rollout-after-appliance-damage-reports
The Electricity Authority of Cyprus (EAC) will revise its smart meter installation strategy following a series of reported incidents, including fires and damaged appliances, officials said....
https://knews.kathimerini.com.cy/en/news/enough-is-enough-protest-outside-presidential-palace-slams-cyprus-stance-on-gaza
Chanting ''freedom for Palestine'' and dressed in red to symbolize bloodshed, hundreds of protesters gathered outside the Presidential Palace on Monday night, calling out the Cypriot government’s silence over the ongoing devastation in Gaza....
https://knews.kathimerini.com.cy/en/news/half-of-teens-wish-the-internet-didn-t-exist-survey-finds
Nearly half of teenagers say they’d rather grow up in a world without the internet, according to a new UK study highlighting the growing concerns young people have about the impact of social media on their mental health....
https://knews.kathimerini.com.cy/en/news/eu-lawmakers-approve-tariff-hikes-on-russian-belarusian-agricultural-imports
The European Parliament voted Thursday to impose higher tariffs on fertilizers and select agricultural products from Russia and Belarus, aiming to curb the bloc’s reliance on imports from the two countries....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-national-campaign-to-combat-‘silent-killer-of-hypertension
In observance of World Hypertension Day, health leaders in Cyprus have launched a nationwide campaign urging the public to take blood pressure seriously, literally....
https://knews.kathimerini.com.cy/en/news/covid-19-resurgence-alarms-asia-as-cases-soar-in-hong-kong-singapore-and-beyond
A fresh wave of COVID-19 is spreading through parts of Asia, including Hong Kong, Singapore, China and Thailand, prompting health authorities to renew warnings as infections and hospitalizations rise....
https://knews.kathimerini.com.cy/en/business/america-wants-greece-s-ports-and-china-out
A quiet tug-of-war is playing out in Greece, one that could reshape global trade routes and shift the balance of power in the Mediterranean....
https://knews.kathimerini.com.cy/en/news/lufthansa-flight-flew-without-conscious-pilot-for-10-minutes-report-says
A Lufthansa flight from Frankfurt to Seville was left without an alert pilot for about 10 minutes in February after the co-pilot lost consciousness while alone in the cockpit, according to a report released Thursday by Spanish aviation authorities....
https://knews.kathimerini.com.cy/en/news/eu-to-fund-expansion-of-nicosia-s-pedieos-linear-park
The European Union will provide approximately €4.4 million to fund the expansion of the Pedieos Linear Park, the European Commission announced....
https://knews.kathimerini.com.cy/en/news/‘sharp-rise-in-bullying-abuse-calls-to-child-helpline
A sharp rise in reports of bullying and abuse has been recorded by Hope For Children, which said more than 2,000 children and parents have contacted its 24-hour helpline so far in 2024....
https://knews.kathimerini.com.cy/en/news/farm-company-fined-after-employee-seriously-injured-on-the-job
A farmworker was seriously injured after being crushed by a runaway tractor, an accident that could have been avoided, according to a Nicosia court that just slapped the employer with a €5,000 fine....
https://knews.kathimerini.com.cy/en/news/smart-meter-swap-blamed-for-house-fire
A recent house fire in Cyprus has triggered alarm bells over how smart electricity meters are being installed, with industry experts warning of potential safety risks if the process is rushed or done without proper checks....
https://knews.kathimerini.com.cy/en/business/moody-s-upgrades-bank-of-cyprus-to-a3
Moody’s Investors Service has upgraded Bank of Cyprus’ long-term deposit rating to A3 from Baa1 and revised its outlook to stable....
https://knews.kathimerini.com.cy/en/news/ai-adoption-could-boost-global-gdp-by-an-additional-15-percentage-points-by-2035-as-global-economy-is-reshaped-pwc-research
New research published today by PwC reveals that AI has the potential to boost global economic output by up to 15 percentage points over the next decade. ...
https://knews.kathimerini.com.cy/en/business/cypriots-eye-business-opportunities-but-fear-of-failure-still-looms
A growing number of Cypriots believe the island is ripe for starting a business—but fear of failure is still holding many back, according to the National Report on Entrepreneurship in Cyprus 2023/2024, released Tuesday by the Centre for Entrepreneurship at the University of Cyprus....
https://knews.kathimerini.com.cy/en/news/man-sentenced-to-6-months-in-occupied-areas-for-using-fake-insurance-at-checkpoint
A Russian national was sentenced to six months in prison by a criminal court in the Turkish-occupied north after attempting to cross into the area using a forged vehicle insurance policy....
https://knews.kathimerini.com.cy/en/news/fire-season-begins-with-high-risk-due-to-drought-officials-warn
The Fire Service responds to about 13,000 calls annually, with 8,500 related to fires, Fire Chief Nikos Longinos said Monday, as officials marked the start of Fire Safety Week....
https://knews.kathimerini.com.cy/en/news/christodoulides-walks-a-diplomatic-tightrope-with-high-stakes-visit-to-israel
President Nikos Christodoulides’ upcoming visit to Israel on May 4 comes at a critical time for the Eastern Mediterranean, with energy disputes, shifting alliances, and ongoing conflicts shaping the region’s future....
