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12° Nicosia,
17 June, 2024
 

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Displaying results 1-30 of 167 matches for query shareholder.

1. How inheriting property can cause headaches

https://knews.kathimerini.com.cy/en/comment/opinion/how-inheriting-property-can-cause-headaches

Everything usually starts with pure intentions: ''We have two children, so we pass on half a share to each of them to avoid offending anyone, and then let them do what they want.''...

2. Eurobank takes control with 55.3% share in Hellenic Bank

https://knews.kathimerini.com.cy/en/news/eurobank-takes-control-with-55-3-share-in-hellenic-bank

The European Central Bank (ECB) has given its approval for Eurobank to acquire a majority stake of over 50% in Hellenic Bank, marking a significant milestone in the banking landscape of Cyprus....

3. Hackers claim 560M Ticketmaster accounts breached

https://knews.kathimerini.com.cy/en/news/hackers-claim-560m-ticketmaster-accounts-breached

Ticketmaster owner Live Nation confirmed "unauthorised activity" on its database after a group of hackers said they had stolen the personal details of 560 million customers. ...

4. World Bank Tribunal backs Cyprus' 2013 bank measures

https://knews.kathimerini.com.cy/en/news/world-bank-tribunal-backs-cyprus-2013-bank-measures

Cyprus’ Attorney-General, George Savvides said on Thursday that a decision by the International Arbitral Tribunal of the World Bank on the case Theodoros......

5. Eurobank's Q1 profit boosted by €41M from Hellenic Bank investment

https://knews.kathimerini.com.cy/en/news/eurobank-s-q1-profit-boosted-by-41m-from-hellenic-bank-investment

Eurobank reported an adjusted net profit of €383 million for the first quarter of 2024, with €92 million originating from Cyprus. ...

6. Bank of Cyprus earns €133 million in profits

https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-earns-€133-million-in-profits

The Bank of Cyprus has announced a robust profit of EUR 133 million for the first quarter of 2024, marking a significant increase from EUR 95 million in the same period last year....

7. New CEO for Cablenet Communication Systems plc in Cyprus

https://knews.kathimerini.com.cy/en/business/new-ceo-for-cablenet-communication-systems-plc-in-cyprus

Ioannis Mavridis, a seasoned executive with over 20 years’ international experience in the banking and telecoms industries, will be assuming the role of CEO......

8. MP Neofytou proposes €11,000 immediate payout for solidarity fund recipients

https://knews.kathimerini.com.cy/en/news/mp-neofytou-proposes-11-000-immediate-payout-for-solidarity-fund-recipients

Democratic Rally MP Averof Neophytou has unveiled a groundbreaking initiative aimed at alleviating financial burdens for beneficiaries of the Solidarity Fund....

9. The birth of Bank of Cyprus in 1899

https://knews.kathimerini.com.cy/en/news/the-birth-of-bank-of-cyprus-in-1899

The narrative of the Bank of Cyprus, the venerable cornerstone of the island's financial landscape, traces its origins back to January 1, 1899. This pivotal moment heralded a new era not only for Cyprus's economy but also for its societal fabric....

10. Hellenic set to acquire CNP in multimillion-Euro deal

https://knews.kathimerini.com.cy/en/business/hellenic-set-to-acquire-cnp-in-multimillion-euro-deal

Everything appears to be proceeding smoothly, and it seems that CNP Cyprus will soon be under the ownership of Hellenic Bank....

11. WhatsApp's lowered age limit sparks controversy

https://knews.kathimerini.com.cy/en/news/whatsapp-s-lowered-age-limit-sparks-controversy

Meta, the parent company of WhatsApp, has revised its minimum age requirement for the messaging app in Europe, lowering it to 13 from 16, a move that has drawn criticism from children's rights advocates....

12. AstroBank's record-breaking year: €30.4M in profits for 2023

https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023

AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....

13. Hellenic Bank's pursuit of CNP Cyprus uncovers uncertainties

https://knews.kathimerini.com.cy/en/news/hellenic-bank-s-pursuit-of-cnp-cyprus-uncovers-uncertainties

The exclusive negotiations between Hellenic Bank and CNP Cyprus Insurance Holdings, a subsidiary of the French insurance powerhouse CNP Assurances, have captured attention for their high stakes and strategic importance....

14. Finance Ministry urges applicants for 2013 haircut compensation

https://knews.kathimerini.com.cy/en/news/finance-ministry-urges-applicants-for-2013-haircut-compensation

The Cyprus Finance Ministry is calling on all individuals and entities affected by the 2013 Cyprus bailout to submit their electronic applications for participation in the "Replenishment Scheme of the National Solidarity Fund."...

15. Cyprus News Digest - From river beautification to billionaires' bargains

https://knews.kathimerini.com.cy/en/news/cyprus-news-digest-from-river-beautification-to-billionaires-bargains

It's been a while since we heard about inaugurations from our president, so this one deserves special mention: ...

16. Boeing's engine cowling detaches mid-takeoff, strikes wing

https://knews.kathimerini.com.cy/en/news/boeing-s-engine-cowling-detaches-mid-takeoff-strikes-wing

US airline regulators have launched an investigation after an engine cowling on a Boeing plane fell off during takeoff and struck the wing flap, the latest in a series of safety problems facing the aircraft manufacturer. ...

17. US sanctions Cyprus-based entity for Russian sanctions evasion

https://knews.kathimerini.com.cy/en/business/us-sanctions-cyprus-based-entity-for-russian-sanctions-evasion

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions on Monday against thirteen entities and two individuals, including one based in Cyprus, ...

18. Winter 2024 brings 17% boost in energy production

https://knews.kathimerini.com.cy/en/news/winter-2024-brings-17-boost-in-energy-production

Energean recorded new production growth in the first two months of 2024. Specifically, the company said in a statement that from 123 thousand......

19. Another record year for Cablenet

https://knews.kathimerini.com.cy/en/business/another-record-year-for-cablenet

For yet another year, Cablenet has achieved double-digit revenue growth. Specifically, in 2023, it reached €74.3 million compared to €63.9 million in 2022...

20. Accuser suspended over Horner complaint

https://knews.kathimerini.com.cy/en/news/accuser-suspended-over-horner-complaint

The unfolding incident surrounding the allegations against Red Bull team principal Christian Horner is taking on increasing intrigue and gravity. ...

21. 'Successful Business Leaders Club': Inside Natalia Kardash's innovative business hub

https://knews.kathimerini.com.cy/en/business/successful-business-leaders-club-inside-natalia-kardash-s-innovative-business-hub

In the fast-paced world of business, making connections is often the key to progress and fresh ideas. Natalia Kardash, a dynamic entrepreneur, saw this need and set out to create a special place for professionals to come together – thus, the Successful Business Leaders' Club was born....

22. What role do banks ultimately play?

https://knews.kathimerini.com.cy/en/comment/opinion/what-role-do-banks-ultimately-play

Are banks merely financial entities providing a range of services to the public and businesses, solely driven by profit for shareholders? Banks serve as the heart of our economic and social systems, ...

23. Bank of Cyprus posts nearly half a billion euro profit in 2023

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-nearly-half-a-billion-euro-profit-in-2023

Bank of Cyprus reported a robust profit of €487 million for the fiscal year 2023, as announced by Group CEO Panicos Nikolaou during the presentation of the bank's financial results....

24. Government grapples with energy project crisis

https://knews.kathimerini.com.cy/en/news/government-grapples-with-energy-project-crisis

The firm spearheading one of the Republic of Cyprus' most ambitious energy ventures, Terminal F.P. at Royal, finds itself grappling with challenges that threaten its completion....

25. Meta CEO to receive $700M dividend

https://knews.kathimerini.com.cy/en/news/meta-ceo-to-receive-$700m-dividend

Mark Zuckerberg, the CEO of Meta, the parent company overseeing Facebook, Instagram, and WhatsApp, anticipates an annual dividend of $700 million (£549 million), according to recent announcements....

26. Bank of Cyprus gears up for investment talks in New York

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-gears-up-for-investment-talks-in-new-york

Bank of Cyprus has packed its bags for New York as it gears up to meet with the investment community at the Athens Stock Exchange's conference in collaboration with JPMorgan on the 25th of this month. ...

27. Hellenic Bank and ERGO Germany eye CNP Cyprus acquisition

https://knews.kathimerini.com.cy/en/business/hellenic-bank-and-ergo-germany-eye-cnp-cyprus-acquisition

Two entities are currently in discussions regarding the acquisition of CNP Cyprus Insurance Holdings, the subsidiary of the French insurance giant CNP Assurances. ...

28. Great Sea Interconnector secures €164.5M boost in European funding

https://knews.kathimerini.com.cy/en/news/great-sea-interconnector-secures-€164-5m-boost-in-european-funding

The Independent Electricity Transmission Operator of Greece (ADMIE) has announced a substantial increase in European funding for the Great Sea Interconnector project, soaring from €55.2 million to €164.5 million....

29. Cyprus linked to Magnitsky case through luxury hotel investment

https://knews.kathimerini.com.cy/en/business/cyprus-linked-to-magnitsky-case-through-luxury-hotel-investment

The international organization OCCRP, specializing in organized crime and corruption, has once again implicated Cyprus in investment cases related to the luxury hotel Cap St Georges in Peyia. The connection ties back to the infamous Magnitsky case, a high-profile tax fraud scandal in Russia....

30. Decoding the tragic legacy from 'Helios' airplane crash to bus blazes

https://knews.kathimerini.com.cy/en/news/decoding-the-tragic-legacy-from-helios-airplane-crash-to-bus-blazes

Miraculously, there is no other explanation for the situation with the "crazy" school buses. They catch fire, burn up in the good seats, break down on long downhill grades, and, it is whispered, have a whole host of other problems....

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