https://knews.kathimerini.com.cy/en/news/economic-sentiment-in-cyprus-deteriorates-slightly-in-november
In November 2022, economic sentiment in Cyprus deteriorated slightly, as the Economic Sentiment Indicator decreased by 0.5 points compared with October 2022, according to the Business and Consumer Survey by the University of Cyprus...
https://knews.kathimerini.com.cy/en/business/black-friday-see-how-the-annual-shopping-event-is-shaping-up-photos
On Thursday afternoon, sales began to increase significantly, particularly in shopping centers that benefited from favorable weather conditions, however, as of Friday morning, traffic appears to be somewhat subdued, at least in comparison to the corresponding images from 2019....
https://knews.kathimerini.com.cy/en/news/ec-ban-on-flavored-or-heated-tobacco-products-began-yesterday
The Commission announced today that flavored or flavored heated tobacco products will be prohibited beginning today, Wednesday. Members have eight months to incorporate the delegated directive into their domestic legislation....
https://knews.kathimerini.com.cy/en/news/14-billion-euros of-loans-on-ice-due-to-the-suspension-of-foreclosure-sales
In Cyprus, credit purchasing companies manage over 80,000 loans totaling €20 billion....
https://knews.kathimerini.com.cy/en/business/complaints-about-black-friday-deals-have-begun
The Consumer Association had begun receiving complaints about deceptive product offers as Black Friday draws near....
https://knews.kathimerini.com.cy/en/news/turkey-says-s-400-ready-for-use-if-needed
Turkish Defense Minister Hulusi Akar says his country’s Russian-made surface-to-air missile batteries are ready for action and will be used if the country is threatened...
https://knews.kathimerini.com.cy/en/business/world-cup-2022-solution-found-for-the-beer-ban-in-qatar
Before the host country banned alcohol consumption inside and outside the stadiums at the last minute, a solution for the... warehouse of beers supplied by Budweiser for this year's World Cup was finally found....
https://knews.kathimerini.com.cy/en/business/raising-the-black-friday-bar
This year's Black Friday is expected to be much stronger and more appealing to consumers than last year's Black Friday. Following the tepid and disappointing performance of 2021, market participants believe this is the case. ...
https://knews.kathimerini.com.cy/en/business/the-suspension-of-foreclosure-sales-is-tragic-for-the-country
Bank of Cyprus CEO Panicos Nicolaou described Cyprus's decision to extend the suspension of divestments as "tragic."...
https://knews.kathimerini.com.cy/en/news/what-do-cypriots-buy-on-black-friday
Only eight more days until the much-anticipated Black Friday shopping day, and ads for discounted goods continue to pound the public. Every year, many people look forward to this day in order to find the best deals on products they need....
https://knews.kathimerini.com.cy/en/business/amazon-announces-immediate-layoffs-of-10-000-workers
Amazon plans to lay off approximately 10,000 employees from administrative and other positions in its technology departments....
https://knews.kathimerini.com.cy/en/business/who-benefits-from-the-proposed-rent-to-mortgage-scheme
The "Rent vs Instalment Scheme", now known as the "mortgage to rent" scheme, is nearing completion, with implementation set to begin in January 2023. ...
https://knews.kathimerini.com.cy/en/news/menendez-tells-cypriots-no-fighter-jets-for-erdogan
US Senator Bob Menendez has renewed his commitment to stop F-16 fighter sales to Turkey, calling instead on everyone to make sure that all Turkish soldiers leave Cyprus down to the last one...
https://knews.kathimerini.com.cy/en/news/president-defers-foreclosure-mess-to-attorney-general
Cypriot President Nicos Anastasiades has refused to veto legislation that suspends foreclosures yet again until February 2023, essentially calling on the attorney general to examine the constitutionality of the bill as the issue on the presidential election campaign trail continues to heat up...
https://knews.kathimerini.com.cy/en/business/cyprus-regulator-to-suspend-ftx-s-license
FTX's European Union license in Cyprus could be suspended in yet another blow to Sam Bankman-Fried's crypto exchange, according to Bloomberg....
https://knews.kathimerini.com.cy/en/news/finance-minister-calls-for-the-repeal-of-foreclosure-suspension
The Ministry of Finance proposes delaying the law on divestiture suspension.
...
https://knews.kathimerini.com.cy/en/business/consumer-protection-laws-offers-that-are-real-offers
Ms. Elena Papachristoforou, a consumer service and protection officer, explained the legal framework in consumer protection and the impact of the new amendments on consumers and traders on the radio show "News Release" on SPOR FM 95.0....
https://knews.kathimerini.com.cy/en/business/zuckerberg-says-sorry-as-meta-lays-off-1-000-employees
Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history....
https://knews.kathimerini.com.cy/en/business/looking-for-a-strategy-to-suspend-foreclosure-sales
To protect vulnerable borrowers and stop the economy from being impacted by decisions that could harm its integrity, a strategy for the new potential three-month suspension of foreclosure sales is being sought.
...
https://knews.kathimerini.com.cy/en/business/slump-in-car-sales-recorded-in-october
Total car sales dropped significantly in October 2022 compared with the month before mainly due to the steep drop in passenger saloon cars....
https://knews.kathimerini.com.cy/en/news/qatar-beer-banned-at-stadiums-just-2-days-before-world-cup
The sale of alcohol is strictly controlled in Qatar, and it had to relax its restrictions to allow FIFA sponsor Budweiser to sell its products outside World Cup match venues and fan zones. Now, fans have been told they cannot buy beer at any games during the tournament....
https://knews.kathimerini.com.cy/en/business/ey-holds-cyprus-attractiveness-forum-investment-realized-a-reference-point-for-fdi-in-cyprus
The Cyprus Attractiveness Forum: Investment Realized, organized by EY in collaboration with the Cyprus Chamber of Commerce and Industry, took place on Tuesday, October 25th at the Parklane Hotel, in Limassol. ...
https://knews.kathimerini.com.cy/en/news/cyprus-s-economic-sentiment-improved-in-october-as-a-result-of-services-and-retail-trade
In October 2022, economic sentiment in Cyprus improved as the Economic Sentiment Indicator (ESI-CypERC) increased by 0.4 points compared with September 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-senator-friend-under-criminal-investigation
Cyprus friend Bob Menendez is once again under federal criminal investigation, with the news coming just days after the senator’s plan to block Turkey from getting F-16 jets was undone...
https://knews.kathimerini.com.cy/en/news/more-americans-using-iphones-over-android-phones-for-the-first-time-ever
More smartphone users in the US are using Apple's iPhone over Android for the first time ever, according to new data from Counterpoint Research....
https://knews.kathimerini.com.cy/en/news/cyprus-made-when-to-expect-the-branded-products
Local products can now be branded as Cypriot-made. After a year of work, consultations, and procedures, as well as research into international examples, a new brand name for Cypriot products has been developed: Cyprus Made - Unique by origin....
https://knews.kathimerini.com.cy/en/news/turks-test-fire-missile-full-of-double-entendre
Turkey reportedly test-fired a short-range ballistic missile over the Black Sea on Tuesday in an apparent double entendre, as Ankara called on Athens this week to resolve issues through dialogue but also repeated warnings to Greece to demilitarize the Aegean...
https://knews.kathimerini.com.cy/en/news/government-offers-cash-for-whistleblower-s-torched-cars
The transport minister in the Republic of Cyprus has been credited with a Cabinet decision to compensate a state employee, whose family vehicles were torched after he blew the whistle on a car sales scam...
https://knews.kathimerini.com.cy/en/news/two-families-sue-amazon-for-selling-suicide-kits-to-teens
Amazon is facing a lawsuit accusing it of selling so-called suicide kits, brought by the families of two teenagers who bought a deadly chemical on the company's website and later used it to take their own lives....
https://knews.kathimerini.com.cy/en/news/energean-announces-new-commercial-gas-discovery-off-of-israel
Energean plc has announced that the Hermes exploration well off of Israel has made a commercial gas discovery of between 7 and 15 bcm and that the Stena IceMax drilling rig has moved to block 12 to drill the Zeus structure....