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181. 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...

182. 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...

183. 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...

184. Family businesses should trust next generation leaders

185. 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...

186. 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. ...

187. 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. ...

188. 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. ...

189. 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. ...

190. 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. ...

191. Deutsche Bank axes 18,000 jobs

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

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

194. BOC leadership change will not disrupt momentum Ackermann says

195. 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...

196. Critics must put their money where their mouth is

197. Cooperative Anathema: Dissolution or sale

198. 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...

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

200. Bloomberg: Russians are downsizing in Cyprus

201. Bloomberg reports on J&P Overseas downfall

202. Freshfields Bruckhaus Deringer LLP choice unconstitutional

203. Demetra Investment acquires 16% stake in Lordos Hotels

204. Cobalt Air to change ownership

205. Monaco Telecom owner Xavier Niel in Cyprus

206. Labour party plans to make companies transfer shares to workers

207. Golf resort firm reappoints members

Cyprus Limni Resorts & Golfcourses Plc has reappointed members of the board and reaffirmed its aim to create a high quality, high standard golf resort....

208. AG disagrees with former banker’s acquittal

Attorney General Costas Clerides disapproves of the acquittal of former banker Andreas Eliades, saying cases involving the collapse of the credit and financial system are “difficult and complicated...

209. Bank of Cyprus sells UK subsidiary

The Bank of Cyprus Financial Services is being sold to Cynergy Capital, as the BoC walks away from the UK to put more focus on performance in a rebounding Cypriot economy...

210. Government throws Co-Op ball in Hellenic’s court

The Cyprus Cooperative Bank will examine Monday a final offer from Hellenic Bank to acquire the troubled state-owned institution, with government seeing the buyout as a good step while critics saying tax payers are unfairly picking up the tab...