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511. Expanding Profitability and Strengthening Capital Position

Group Financial Results for the year ended December 31, 2022...

512. Jazeera Airways adds Larnaka to its European destinations

Jazeera Airways, a low-cost carrier based in Kuwait, has recently added Larnaka to its network of new European destinations for the 2023 summer season and flights were launched end of April....

513. More details and questions emerge in disappearance case

New developments and more questions emerged on Tuesday in the disappearance of a Limassol man after police re-arrested the main suspect hours before his remand expired, with reports saying the judge heard about new incriminating statements from other jailed suspects...

514. Deutsche Bank to slash 800 jobs as part of new cost-cutting initiative

Deutsche Bank to cut 800 jobs in a new cost-saving drive after reporting a bigger-than-expected rise in profit for the first quarter, a volatile period globally for finance companies....

515. Raab resigns, Oliver Dowden takes his place as Deputy Prime Minister

British Deputy Prime Minister Dominic Raab resigned from the government on Friday after an independent report found he had bullied officials, the latest scandal to force out one of Prime Minister Rishi Sunak's top ministers....

516. Whistleblower suspicious of Biden's Cyprus trip in 2014

A former White House stenographer is accusing US President Joe Biden of committing crimes a decade ago in connection with Ukraine and Cypriot-registered gas company Burisma, while also raising suspicions over a private dinner in Limassol back in 2014...

517. US monitoring of UN Secretary-General Guterres revealed in leaked documents

Leaked Pentagon files indicate the United States was monitoring UN Secretary-General Antonio Guterres because it believed he was too soft on Russia after its invasion of Ukraine....

518. Three major concerns of ECB regarding Cypriot banks

Although Cypriot banks have made great progress over the last decade, foreign supervisors have reservations and summarise their concerns in three areas....

519. K. Treppides & Co Ltd: Sustainable Finance

Sustainability is the key to a better, healthier, and more viable future as it improves the quality of our lives with the use of natural resources which protect our ecosystem in general. By taking into consideration the three pillars of economic viability, environmental protection, and social well-being, we can preserve the future generations’ needs while, from a corporate perspective, the development of sustainable strategies can lead to a company’s longevity....

520. U.S. scrambles to reassure allies after Ukraine intel leak

Senior U.S. officials are scrambling to address concerns and questions from allies in Europe, the Middle East, and Ukraine following the leak of highly classified information about the war in Ukraine and other global issues. ...

521. Are you ready for ChatGPT to take over your job?

Since its release in November of last year, OpenAI's ChatGPT has been used to write cover letters, create a children's book, and even help students cheat on their essays....

522. Leaked Pentagon docs prompt ally denials

A large cache of what appear to be classified Pentagon documents circulating on social media channels is becoming a growing source of anxiety for US intelligence agencies, as numerous allies have been forced into denials over the purported leaks....

523. Easter holiday boosts air travel in Cyprus by 26%

April will kick off the summer tourist season with satisfactory arrivals and hotel occupancies for the Easter period. Since last week, demand for travel has started to rise from foreign tourists, ...

524. 'Almost Alice': A magical new twist on Wonderland!

Once upon a time, there was a driven and focused 16-year-old student named Alice who found herself in detention at The Senior School in Nicosia. ...

525. Investors flock to 'green' bonds as a secure investment

526. Cypriot professor Phoebe Koundouri honored for contribution to Science

On Thursday, the 23rd of March, Prof. Phoebe Koundouri was awarded the Academy of Athens Excellence in Science Award 2023 for her contribution to the advancement of the Science of the Marine Environment by the President of the Academy of Athens, Michael-Konstantinos Stathopoulos, and the Secretary-General, Christos Zerefos....

527. Passports of Russian officials confiscated to prevent overseas escape

A Soviet-style practice is being resorted to by Russia's security services, confiscating the passports of senior officials and executives of state-owned companies to prevent travel abroad, as "paranoia about leaks and defections spreads in Vladimir Putin's regime," reports the Financial Times....

528. Announcement Appointment of Senior Managers in K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. We are pleased to announce the appointment of the following members on the Board of Management effective as of 1 April 2023. ...

529. Larnaca airport security exercise exposes gaps, as dummy bomb passed undetected

A secret exercise conducted by the airport security directorate at police headquarters on March 9 exposed security gaps at Larnaca airport, leaving officials exposed. ...

530. Completion of Project Starlight

531. Greek defense minister to visit Turkey as tension wanes

Greece’s defense minister announced Thursday that he will travel to neighboring Turkey next week as part of an effort to ease tension between the two NATO members, which have long-standing and often volatile disputes...

532. MFA: Korneliou leaves, Kouros enters

Kornelios Korneliou, the director general of the Foreign Ministry, will step down on Monday and be succeeded by the head of the President's Diplomatic Office, Kyriakos Kouros....

533. Wizz Air's new aircraft brings exciting new destinations to Larnaca

Wizz Air, the fastest-growing airline in Europe and the greenest in the world, has announced the arrival of its third aircraft at its base at Larnaca Airport. With the arrival of this modern aircraft, three new routes will be launched to and from Dammam, Jeddah and Riyadh....

534. Herodotus to banks on restructuring, interest rates and transparency in charges

The Governor of the Central Bank, Constantinos Herodotou, emphasized to the Senior Executive Directors of licensed credit institutions the importance of the timely provision of viable restructurings, as well as the assessment of their data regarding the level of their deposit rates....

535. UBS steps in to buy rival Credit Suisse

Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal...

536. Investigations into train crash reveal mistakes and inexperience

The official documents of the case file on the tragic train collision in northern Greece on the night of February 28 highlight in the most damning way the sequence of mistakes and omissions as well as the lack of communication between railway employees and, in one case, lack of experience....

537. Criticism grows as Europe pushes to restrict cars in cities

In an effort to ease traffic congestion and curb greenhouse gas emissions causing climate change, municipalities from Barcelona to Brussels have embarked on what has been called a “transportation revolution.”...

538. Girls and women make up majority of domestic violence victims

The majority (75%) of victims of family violence, intimate partner violence and abuse of minors in Cyprus are girls and women, based on statistics by the Police Headquarters' Directorate for Vulnerable Persons Affairs....

539. Russia suspicious of reports on Nord Stream culprits

US and German media reports that Ukrainians or pro-Ukrainians might have blown up the Nord Stream gas pipelines last year were taken with a grain of salt in Russia, with Moscow doubling down on calls for a UN-led investigation...

540. DiCarlo to swing by divided island

UN Under-Secretary-General for Political and Peacebuilding Affairs, Rosemary DiCarlo, will visit Cyprus next week to hold meetings with President of the Republic, Nikos Christodoulides, and Turkish Cypriot leader, Ersin Tatar, CNA has learned...