https://knews.kathimerini.com.cy/en/news/ft-former-pwc-cyprus-accountants-take-on-company-s-russian-clients
A group of PwC partners has launched a breakaway firm in Cyprus to take on work from Russia-linked clients that the Big Four accountants will no longer touch....
https://knews.kathimerini.com.cy/en/news/turkey-intends-to-drill-south-of-the-island-of-crete
Turkish President Recep Tayyip Erdogan on Thursday announced Turkey’s plans to drill for hydrocarbons – oil and natural gas – in its maritime zone, as well as on land and sea in third countries....
https://knews.kathimerini.com.cy/en/news/prepare-for-an-increase-in-grain-prices
Agriculture Minister Costas Kadis told 'K' that there is no concern about grain sufficiency in the Cypriot market at this time, explaining that strategic stocks of grains received in the summer remain in importers' silos. ...
https://knews.kathimerini.com.cy/en/business/a-€6-million-chalet-is-just-one-of-several-investments-planned-for-the-mountains-of-cyprus
The new €6.3 million project in Moniatis, which is looking for a buyer, shows that investment in mountainous areas is picking up steam. With DTA's Guru projects, the creation of the Tree Hotel, hotel acquisitions by Property Gallery, and the restoration of the Berengaria Hotel in Prodromos, interest has recently begun to be more active....
https://knews.kathimerini.com.cy/en/news/china-finds-friendly-ear-in-cyprus-as-eu-cranks-it-up
Cypriot House Speaker Annita Demetriou reaffirmed Nicosia’s One China position this week during a meeting with the Chinese ambassador, who responded with a similar One Cyprus principle as the two countries sought to strengthen ties while Brussels warned EU should steer clear...
https://knews.kathimerini.com.cy/en/news/are-milk-meat-and-coffee-still-affordable
According to the Consumer Protection Service's Price Observatory, price increases of up to 21% and price decreases of up to 13% were observed between September 14 and October 12....
https://knews.kathimerini.com.cy/en/news/banking-sector-to-cut-600-more-employees
The number of employees in the Cypriot banking sector will have been reduced further by the end of 2022. By the end of this year, 600 bank employees will have left the company, while about 50 will have been transferred to a similar but non-banking sector....
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/business/global-fintech-market-resilient-in-h1-22-$107-8-billion-in-investment-according-to-kpmg-s-pulse-of-fintech
Global fintech investment declined from $111.2 billion in H2’21 to $107.8 billion in H1’22, but remained remarkably resilient compared to historical trends given the challenges affecting the broader investment market, including geopolitical uncertainty, growing inflation, and increasing interest rates. ...
https://knews.kathimerini.com.cy/en/news/california-to-allow-human-remains-to-be-composted-and-used-as-soil
California will begin offering the option of human composting after death thanks to a bill recently signed into law that aims to tackle climate change....
https://knews.kathimerini.com.cy/en/news/only-pdo-halloumi-available-in-the-market-from-today
As of today, inspectors from the Ministry of Agriculture have started inspections in supermarkets and store refrigerators to remove non-PDO branded halloumi products....
https://knews.kathimerini.com.cy/en/news/consumer-watchdog-releases-price-index-for-september-on-basic-consumer-goods
The Consumer Watchdog has released the price index for basic consumer goods for the month of September....
https://knews.kathimerini.com.cy/en/news/ec-to-force-energy-companies-to-share-their-profits
The European Commission plans to raise more than €140 billion to relieve consumers from soaring energy prices, according to Reuters, by "taking a chunk of the revenue from low-cost electricity producers and forcing fossil fuel companies to share their huge profits. ...
https://knews.kathimerini.com.cy/en/news/woman-forcibly-takes-savings-from-beirut-bank-using-toy-gun
A woman accompanied by activists and brandishing what she said was a toy pistol broke into a Beirut bank branch on Wednesday, taking $13,000 from her trapped savings....
https://knews.kathimerini.com.cy/en/business/non-pdo-halloumi-being-sold-off-at-deeply-discounted-prices
Many supermarket chains and stores that sell halloumi are offering deep discounts on singular or bulk sales of the cheese. These are clearly those products that do not fall within the PDO specifications and are not labeled accordingly....
https://knews.kathimerini.com.cy/en/news/washington-scratches-beneath-surface-in-aegean-dispute
The State Department called on Turkey and Greece 'to refrain from rhetoric and actions that could further escalate tensions,' with a statement from Washington that Greece’s sovereignty over these islands was not in question tying to Turkey’s grievances over 'width of territorial waters and national airspace'...
https://knews.kathimerini.com.cy/en/news/russia-says-no-to-oil-price-caps-warns-of-cut-off
The Kremlin said on Friday that Russia would stop selling oil to countries that impose price caps on Russia's energy resources - caps that Moscow said would lead to significant destabilization of the global oil market....
https://knews.kathimerini.com.cy/en/news/yiorkio-finds-patron-after-years-of-rejection
Nicosia’s abandoned luxury hotel Yiorkio Residence has been sold to a group focusing on upscale living, with reports saying the bidder is shelling out €20 million to acquire one of Cyprus’ real estate puzzles...
https://knews.kathimerini.com.cy/en/news/us-response-muted-following-reports-of-turkey-s-second-s-400-shipment
The Biden administration on Tuesday stopped short of threatening additional penalties following reports Turkey plans to receive the second batch of the Russian S-400 missile defense system....
https://knews.kathimerini.com.cy/en/news/cypriot-mep-spills-the-beans-in-spying-scandal
Cypriot MEP Demetris Papadakis is warning authorities on his native island to stay away from cover-up attempts and instead 'fully investigate' allegations of espionage and wiretapping by politicians and police using illegal malware...
https://knews.kathimerini.com.cy/en/news/china-retaliates-with-military-drills-off-taiwan-s-coast-after-pelosi-visit
China kicked off its biggest-ever military exercises in the seas around Taiwan following US politician Nancy Pelosi's visit....
https://knews.kathimerini.com.cy/en/news/ukraine-s-first-grain-export-is-a-fraction-of-what-it-needs-to-sell
Ukrainian President Volodymyr Zelenskiy dismissed the importance of the first grain export shipment from his country since Russia invaded, saying it was carrying a fraction of the crop Kyiv must sell to help salvage its shattered economy....
https://knews.kathimerini.com.cy/en/business/ken-segall-the-man-who-put-the-i-in-iphone-at-digital-agenda-2022
Ken Segall, a close associate of Steve Jobs and Apple Ad Agency Creative Director for many years, will speak at Cyprus’ DA22....
https://knews.kathimerini.com.cy/en/news/russia-sending-money-to-turkey-for-the-$20-billion-akuyo-nuclear-plant
A Russian state-owned company is transferring money to a subsidiary that’s building a $20 billion nuclear power plant on Turkey’s Mediterranean coast, alleviating concerns the project could be delayed by war sanctions....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-about-racism
The image of a 43-year-old Cypriot man beating a woman of African descent with an infant in her arms is the definition of racist gender-based violence....
https://knews.kathimerini.com.cy/en/news/italy-s-pm-resigns-spelling-trouble-for-europe
Italian prime minister Mario Draghi has resigned, ending a national unity government formed to tackle unpopular reforms and spelling trouble for Europe at a time of acute economic challenges....
https://knews.kathimerini.com.cy/en/news/akar-slams-greece-for-seeking-to-block-sale-of-f-16-jets-to-turkey
Turkish Defense Minister Hulusi Akar on Tuesday attacked Greece and the Greek American lobby in the United States for seeking to put the brakes on the sale of 40 Lockheed Martin-made F-16 fighter jets to Turkey,...
https://knews.kathimerini.com.cy/en/news/plot-thickens-as-greece-irked-over-antonov-crash
Athens says Belgrade and Kiev had not shared information about dangerous cargo on board a Cypriot company-owned Antonov that crashed-landed in northern Greece, with the plot thickening after recipient Bangladesh denied Serbian reports that Dhaka was expecting mines onboard the aircraft leased to a Ukrainian company...
https://knews.kathimerini.com.cy/en/news/rumors-fly-after-antonov-crash-in-greece
A retired intelligence officer in Cyprus says there is no way a downed Ukrainian cargo plane could have been carrying illegitimate weapons, with rumors still raging over allied weapons to Ukraine being sold on the black market while experts in Greece saying they found no evidence of dangerous substances at the crash site...
https://knews.kathimerini.com.cy/en/news/cost-of-basic-consumer-goods-continues-to-rise
Prices of the vast majority of basic consumer goods continued their steady rise. Between June 8 to July 13, the largest increase was recorded in Vegetables (greenhouse cucumbers) reaching 52.2%, ...
