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121. President defends block on audit office

President Nicos Anastasiades invoked the Constitution during a televised interview, saying the job description of the auditor general, who is currently seeking information on foreign nationals linked to a casino project, does not authorize him to 'have a say in everything'...

122. FinCEN Files: Cyprus banks embroiled in dirty money leak

Leaked documents from the Financial Crimes Enforcement Network, dubbed the FinCEN files, have revealed that several of the world’s major banks allowed over 200,000 suspicious financial transactions valued at around $2 trillion to be moved over a period of almost two decades, with 897 of those transactions made by Cypriot banks....

123. Cyprus and Russia come to terms

It will no longer be possible for wealthy Russians to distribute profit via dividends to foreign firms in Cyprus, after Nicosia said it agreed with Moscow on terms to amend a double tax treaty, but some say the island still kept some competitive advantages...

124. Cyprus based company KRU Overseas continues to supply coal to Cyprus domestic market

KRU Overseas Ltd., a global supplier of high-quality coal, continues to supply coal to Cyprus heavy industry leader, Vassiliko Cement Works Public Company Ltd....

125. Sir Stelios wages battle against board

EasyJet founder Sir Stelios Haji-Ioannou had some harsh words to say about the company’s finance director, with the Greek Cypriot billionaire renewing his call to whistleblowers to help with useful information to scrap an Airbus deal...

126. Cyprus 'golden visa' scheme returns to spotlight

Cyprus’ controversial citizenship-by-investment scheme was thrust into the spotlight once again after the investigative journalism platform Organized Crime and Corruption Reporting Project (OCCRP) published an in-depth report on the granting of a ‘golden passport’ to a senior member of the Saudi royal family and six of his family members....

127. Corporate Social Responsibility and Corporates’ response to COVID19

The long-term debate over CSR is concerned with whose interests should be attended to, shareholders or stakeholders, and this is actually the debate of the two competing theories over the purpose of the modern business firm...

128. Limassol’s trade enabler gets new CEO

The appointment of a new CEO at DP World Limassol is expected to give the company a new impetus, after a year of investing and upgrading infrastructure and equipment...

129. How Russian uncapitalism works

Like a private equity firm enacting an acquisition-led ‘roll-up’ in a fragmented sector, Putin and Co in Russian have been busy in recent years quietly taking scores of small banks into state ownership...

130. Family businesses should trust next generation leaders

131. Cambodia’s elite exposed through Cyprus

Golden visas are back in the news following reports that members of the Cambodian elite received or applied for Cypriot passports, with Reuters raising questions over the citizenship by investment programme...

132. Hellenic Bank posts profit of €59.1 million in first half of 2019

The Hellenic Bank has announced that it has posted a profit of €59.1 million after tax in the first half of this year with CEO Yiannis Matsis noting that the results reflect part from the benefits from the acquisition of the operations of former Cyprus Cooperative Bank. ...

133. Thomas Cook crash is dry run for Brexit failures

Social historians will mourn the demise of the world’s oldest travel company, founded by a Baptist carpenter in northern England in 1841; their corporate counterparts will not. With more than 500 high street outlets, Thomas Cook demonstrated a stunning inability to adapt to changing travel habits. The rise of budget airlines and disruptors like Airbnb combined with the weak pound and the unusually hot summer of 2018 to kill off the company which had suffered a near-death experience in 2011. ...

134. Britain's Thomas Cook scrambles for £200 million to avert collapse

Britain’s Thomas Cook needs to find an extra 200 million pounds to satisfy its lenders or one of the world’s oldest holiday company risks collapse, potentially stranding thousands of holidaymakers across Europe. ...

135. Four New Partners at Harris Kyriakides LLC

Harris Kyriakides LLC announces four new partners in the company. As of the 1st of September 2019 the new partners are Andreas Anagnostou, Myria Loizou, Georgia Karamalli and Nicolas Kyriakides. ...

136. Britain's LSE seals $27 billion Refinitiv deal to create data giant

London Stock Exchange has agreed to buy financial information business Refinitiv in a $27 billion deal, it said on Thursday, in a move to transform the British company into a market data and analytics giant. ...

137. Deutsche Bank axes 18,000 jobs

138. French CNP buys BOC stake in Cyprus subsidiary for $97.5 million

139. Nuvei to buy in cash Cyprus based fintech firm SafeCharge for $889 million

140. BOC leadership change will not disrupt momentum Ackermann says

141. Co-owner of Cyprus Airways dies in plane crash

The Russian co-owner of Siberia Airlines which owns Cypriot Charlie Airlines has died in a plane accident in Germany, while the circumstances of the crash remain unclear...

142. Critics must put their money where their mouth is

143. Cooperative Anathema: Dissolution or sale

144. The secret for a successful business reorganization

In the business universe, there are two available structures for organizations to emerge, organically and externally through mergers and acquisitions...

145. Attorney General: Supreme Court wrongly acquitted Bank of Cyprus

146. Bloomberg: Russians are downsizing in Cyprus

147. Bloomberg reports on J&P Overseas downfall

148. Freshfields Bruckhaus Deringer LLP choice unconstitutional

149. Demetra Investment acquires 16% stake in Lordos Hotels

150. Cobalt Air to change ownership