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1801. KPMG survey: companies see climate change as financial risk but disclosure quality must improve

56% of the world’s 250 largest companies (G250) now acknowledge climate change as a financial risk to their business in their corporate reporting, according to a new KPMG International survey, which also revealed that the quality of climate-related risk disclosures among these companies needs to improve...

1802. Trump okays Biden transition

After weeks of waiting, President Donald Trump’s administration on Monday cleared the way for President-elect Joe Biden to transition to the White House, giving him access to briefings and funding even as Trump vowed to continue fighting the election results...

1803. Experts assist in Cyprus' spy van probe

Following months of sluggish investigation into Cyprus’ spy van, police investigators are reportedly in the process of drafting their final report while another expert is due to arrive on the island to lend a hand...

1804. Greece, UAE commit to mutual defense assistance

The mutual defense assistance clause, activated in the event that one of the two countries’ territorial integrity is threatened, is probably the most important part of the defense and foreign policy cooperation agreement signed by Greece and the United Arab Emirates (UAE) last week, according to sources with inside information....

1805. Virus continues to attack nursing homes

Spokesperson for the Cyprus state health services Charalambos Charilaou told the Cyprus News Agency on Friday that the virus’ assault on nursing homes in Nicosia and Limassol is ongoing, with an estimated 25% of coronavirus patients at the Famagusta general hospital involving residents of nursing homes....

1806. Israeli medical complex coming to Cyprus

A huge undertaking in Cyprus’ medical industry has been announced, with a local company saying they reached an agreement with Israel’s Hadassah Medical to set up a network of hospitals offering diagnostic, rehabilitative, and assisted living care on the island...

1807. Some test results unavailable as deadline ends

People in Paphos and Limassol districts traveling to other areas must show a negative PCR test after a deadline ended Thursday morning, but some workers who tested for the coronavirus earlier this week never heard back from the lab or received results addressed to someone else...

1808. Minister goes on site to see tests through

Health Minister Constantinos Ioannou says the government underestimated the number of workers who would rush to get tested to beat movement restrictions, adding that the situation was going somewhat smoothly during morning visits at two testing centres...

1809. PCR deadline at roadblocks pushed back

The health ministry in the Republic of Cyprus has pushed back the deadline for enforcing PCR result inspections at roadblocks, giving people affected by Paphos and Limassol lockdowns more time to get tested...

1810. Minister makes roadblock checks random

Justice Minister Emily Yiolitis on Monday stepped in after reports that highways were backed up for miles due to lockdown roadblocks, saying she instructed police to carry out only random checks during peak hours...

1811. Highways clog as authorities issue travel ban specifics

The health ministry on Friday clarified that 12 categories of people are exempted from the travel ban enforced on the Limassol and Paphos districts until the end of the month, but said that as of next Wednesday, November 18, each person wanting to get through the roadblocks will have to show proof of a negative coronavirus test taken no more than seven days prior....

1812. District lockdowns get a false start

Police and the army were told to back off Thursday evening before activating roadblocks outside Limassol and Paphos, after orders from the top were put on hold to allow citizens under exception categories to get necessary documents in the morning to beat a partial lockdown expected to last until the end of the month...

1813. Support schemes added to fight lockdown consequences

Alongside the tough restriction measures that came into effect on Thursday, additional support schemes were announced by the ministers of finance and labour in a bid to cushion the inevitable economic blow....

1814. Systems tested by slaughterhouse outbreak

A company that owns a slaughterhouse in rural Nicosia has until Monday to explain how 79 people were found working without proper authorization, following a coronavirus outbreak on the premises and days after the firm hinted that government officials were supplying asylum seekers for manual labour through backchannels...

1815. Roadblocks as Cyprus cuts off two districts

Police say officers will man random checkpoints in Limassol and Paphos districts, both which have been ordered essentially isolated from the rest of the island, following new strict measures to combat a second wave of the coronavirus...

1816. Partial lockdowns on Limassol, Paphos, migrant camps

The health minister Constantinos Ioannou announced stricter measures late on Wednesday night, with restrictions to be even harsher in the Limassol and Paphos districts that have developed into the epicentres of the island’s recent pandemic flare-up....

1817. Cyprus lockdown question still open-ended

President Nicos Anastasiades hinted at further measures to stop the spread of COVID-19 following last weekend’s spike, but the nature and scope of a potential second lockdown remains unknown until his meets with his Cabinet on Wednesday...

1818. Cyprus updates travel list

The Republic of Cyprus downgraded eight countries in its three-tier risk-based classification system and upgraded one, with the updated list coming into effect on November 9....

1819. Cypriots to protest over golden passports probe

A new demonstration will take place outside the Presidential Palace on Friday, with protesters gathering to express their frustration over the government’s handling of the golden passport scandal and demand that officials take ownership of the crisis...

1820. Cyprus cases hit record daily high

New cases in the Republic of Cyprus hit a record daily high on Thursday when 233 cases were detected after 3,756 tests were conducted, while hospitalised coronavirus carriers surged to 65 islandwide....

1821. Cyprus digital transformation plan laid out

Cyprus' Deputy Ministry of Research, Innovation and Digital Policy is looking towards a two-speed plan, separating the aim for digital transformation into small high-speed and longer-orientated projects, in order to ensure effectiveness, Deputy Minister Kyriacos Kokkinos said on Thursday....

1822. Cyprus tightens restrictions, imposes 11pm curfew

In a national address on Wednesday night, the Cyprus President Nicos Anastasiades said the government was obliged to take tough decisions for stricter measures as the island was no exception to Europe’s second coronavirus wave, before the health minister stepped in to outline the new measures that come into effect on Thursday....

1823. Cypriots await new COVID measures

The President’s Cabinet will convene on Wednesday evening to discuss a new package of measures to curb the spread of the coronavirus in Cyprus, with announcements expected immediately after the session...

1824. Bill introduces femicide in penal code

A new bill proposal calling for femicide to be recognized officially as a sex-based hate crime has been submitted to the House legal affairs committee, with proponents saying the term would be helpful for prosecutorial reasons while some critics say the law might be sexist...

1825. Foster child’s mother back in court

A mother who lost custody of her child was arrested Sunday following a complaint that she abducted her own son from state foster care, with reports suggesting she had tried to reunite with her son previously but a judge ordered her to stay away pending an abuse trial...

1826. PwC’s city resilience framework

1827. UNSG ready for new round of Cyprus talks

In a letter to the President of the Republic of Cyprus Nicos Anastasiades, UN Secretary General Antonio Guterres expressed his readiness to resume talks for a settlement of the Cyprus Problem on the basis of convergences already reached, including agreements during the Berlin meeting of November 2019, but also in accordance with Security Council Resolutions....

1828. Appointment of Directors, Principals, Senior Manager in K. Treppides & Co

The Management of K. Treppides & Co Ltd committed to develop leadership that derives from its own people, who pursue excellence in the provision of high quality specialised and unique services, is pleased to announce the appointment of the following members into the Board of Management with effect 1 October 2020...

1829.  EY announces the win of three 2020 Microsoft Global Partner of the Year Awards

1830. Cyprus records deficit of €800 million in Q2

Cyprus General Government posted a deficit of €800 million in the period of April – June 2020 compared to a surplus of €140 million in the respective period of last year, according to data released today by the Cyprus Statistical Service (Cystat)....