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871. Consumers to buy directly from automaker, not from dealer

Mercedes-Benz has reached an agreement with its European dealers to switch to a new dealership model, in which customers will buy directly from the automaker and not from the dealer, the German brand said....

872. Property sales hit 14-year high in Cyprus

Property sales in March, as measured by the number of sale contracts deposited at Land Registry offices, hit a 14-year high according to figures released by the Department of Lands and Surveys....

873. Cyprus mulling US weapons proposal

Cyprus reportedly remains open to the possibility of reaching an agreement with the US to give up its Russian weapons....

874. Russian socialites and influencers claim 'Russophobia in action'

Several Russian influencers and socialites say they've been barred from purchasing Chanel items and were told it was the brand's policy not to sell to customers who intended to bring the products back to Russia....

875. Elon Musk snaps up $3bn Twitter stake

Elon Musk has taken a 9.2% stake in Twitter, according to a US securities filing. The news sent Twitter shares soaring about 25% in pre-market trading....

876. K. Treppides & Co Ltd- Cryptocurrencies: Regulating cryptocurrency trading in Cyprus

877. Overcoming talent crunch and supply chain upheaval among biggest success indicators for tech in 2022

Increased volatility rising out of the evolving COVID-19 pandemic has led to a reshuffling of priorities for the global technology industry....

878. The Scorpions are coming to Cyprus in July!

The legendary rock band Scorpions will be performing at Tsirio stadium, in Limassol on Tuesday, July 12, 2022. In honor of the release of their first album 50 years ago, the band is on a world tour promoting the release of their new album "Rock Believer"....

879. Abramovich, Ukrainian negotiators hit by suspected poisoning

Russian billionaire Roman Abramovich and Ukrainian peace negotiators suffered symptoms of suspected poisoning earlier this month after a meeting in Kiev...

880. EC calls on EU governments to end golden passport schemes

The European Commission called on EU governments on Monday to end national programs to sell citizenship to investors, also known as golden passports schemes and urged them to suspend the sale of visas to Russians and Belarusians....

881. Major projects underway in Larnaca, Nicosia

The Cyprus real estate and construction sectors are moving past the demise of the scrapped Citizenship for Investment Programme, turning their attention to the capital and the once-neglected coastal town of Larnaca, while Limassol, with its high-rises and cosmopolitan lifestyle, is still seeing part of the action....

882. 8 feel good stories from the conflict in Ukraine that will inspire and give you hope in humanity

From charities and governments to celebrities and everyday people, millions are pitching in to ease the burden for fleeing or sheltering Ukrainians. In turn, they’re inspiring the world with their generosity and strength....

883. RCB shifts from banking to asset management

RCB Bank Ltd switches from banking to asset management, consequently phasing out its banking operations as of today....

884. Ukraine crisis stains church elections in Cyprus

A Cypriot theologian has blown the lid off the game of thrones in archbishopric elections on the island, suggesting anti-Russia agenda is behind efforts to take the vote away from believers who might favor a pro-Moscow candidate in order to task the Holy Synod with naming the winner...

885. Putin wants 'unfriendly' countries to pay for Russian gas in roubles

Russia will seek payment in roubles for gas sales from “unfriendly” countries, President Vladimir Putin said on Wednesday, sending European gas prices soaring on concerns the move would exacerbate the region’s energy crunch....

886. Op-ed: 'The new cold war'

Sometimes important news is overlooked. I read in Bloomberg on Tuesday that China and Saudi Arabia are negotiating oil sales in the Chinese yuan, rather than in dollars....

887. NEOLAiA European University Alliance – Governing Board Meeting

The Governing Board of the NEOLAiA European University Alliance met online on Thursday, 10 March 2022 and reiterated its full commitment in building a strong European University of the Future. ...

888. S&P downgrades RCB, places bank on CreditWatch with negative implications

Rating Agency Standard and Poor’s downgraded RCB bank’s long-term lender rating to `B+` from `BB-` and placed its ratings on CreditWatch with negative implications,...

889. A war of endurance

It is very difficult to say how the war in Ukraine will end and how long it will last. It is purely a question of endurance, of who will last longer....

890. Russia will default on its debts 'imminently', Fitch ratings agency has warned

Russia will default on its debts 'imminently', a leading credit rating agency has warned, as sanctions over Ukraine continue to pummel the country's economy....

891. Stolichnaya Vodka will now be marketed simply as 'Stoli'

The maker of Stolichnaya vodka announced a major rebrand Friday, in direct response to its founder's "vehement position" against the Putin regime and the Russian invasion of Ukraine....

892. EU plans to cut Russian gas imports by two-thirds in a year

The European Union will outline a plan on Tuesday to cut Russian gas imports by two-thirds within a year as it seeks to reduce its dependency on the country’s fuel supplies after Moscow’s invasion of Ukraine. ...

893. Fly a kite, have a picnic or join a carnival party!

Before you expiate, celebrate! Here are just some things you can do this weekend to celebrate Green Monday. Of course, you can go traditional by flying a kite ahead of a picnic, but you can also make the most of the weekend by dressing up and joining one of the many carnival parties in Limassol. Either way, it's sure to be a fun long weekend. Here are just a few of the fun things you can do....

894. Abramovich 'gets rid' of real estate and thinks of selling Chelsea

A Labor lawmaker told the British parliament yesterday that Roman Abramovich was rushing to sell his property in the United Kingdom to avoid possible financial sanctions....

895. Cypriot NPLs unchanged in November

Total nonperforming loans (NPLs) in Cyprus’ banking sector saw no significant change in November 2021, reaching 4.24 billion euros from €4.26 billion the previous month, according to data released on Friday by the Central Bank of Cyprus....

896. EU plans to freeze assets of Putin, Lavrov

As the Ukraine crisis escalates since Russia invaded the country on Thursday following President Vladimir Putin's announcement of "military operation", ...

897. Ionian islet of Makri to go under the hammer in July

The summer is expected to show whether the one square kilometer islet Makri, a part of the Echinades island cluster in the Ionian Sea, will finally get a new owner, this time through an auction, after the original bid for its sale failed....

898. Italian Ambassador visits the University of Nicosia

Her Excellency, the Ambassador of Italy, Ms Federica Ferrari Bravo, visited the University of Nicosia on Tuesday, 15 February 2022, following an invitation by the Rector of the University, Professor Philippos Pouyioutas. ...

899. Alpha bank group sells €2.4 billion NPL and real estate portfolio in Cyprus

Alpha Services and Holdings S.A. (together with its subsidiaries) has reached an agreement with an affiliate of Cerberus Capital Management, L.P. for the sale of a portfolio of Cypriot non-performing loans and real estate properties of a total gross book value of 2.4 billion euro....

900. Total vehicle registrations decline sharply in January 2022

Total motor vehicle sales began the new year with a sharp decrease with total registrations in January 2022 dropping to 2,633 marking an annual drop of 23.3% compared with January 2021....