https://knews.kathimerini.com.cy/en/business/cablenet-reports-double-digit-growth-for-2021
During 2021 revenue reached €53.5M, a healthy 14% growth over 2020. This double-digit growth in revenue was driven, largely by the significant growth in the overall Subscriber base, which recorded a 30% increase over the previous year. ...
https://knews.kathimerini.com.cy/en/life/8-feel-good-stories-from-the-conflict-in-ukraine-that-will-inspire-and-give-you-hope-in-humanity
From charities and governments to celebrities and everyday people, millions are pitching in to ease the burden for fleeing or sheltering Ukrainians. In turn, they’re inspiring the world with their generosity and strength....
https://knews.kathimerini.com.cy/en/news/rcb-bank-invites-depositors-to-withdraw-their-money
RCB Bank will invite its depositors to withdraw their money. According to Kathimerini sources, RCB Bank customers are expected to be able to either receive their deposits on hand or transfer them to other Cypriot banks....
https://knews.kathimerini.com.cy/en/news/hellenic-acquires-553-million-euros-worth-of-cypriot-corporate-loans-from-rcb
Hellenic Bank has acquired 553 million euros worth of Cypriot business loans from RCB Bank, increasing its loan portfolio to over 7.2 billion euros....
https://knews.kathimerini.com.cy/en/news/cyprus-is-losing-its-russians-confronting-existential-questions-about-its-economy
For decades, Cyprus built an economy that courted Russians — Russian tourists, Russian investors, Russian oligarchs.
...
https://knews.kathimerini.com.cy/en/business/russian-bank-subsidiary-in-europe-collapses
While the Moscow Stock Exchange remains closed for a third straight day and the ruble is losing value inside and outside Russia, heading back to Monday's record low again, the ECB yesterday confirmed the first bankruptcy of a subsidiary in Europe caused by sanctions and massive withdrawals. ...
https://knews.kathimerini.com.cy/en/news/western-businesses-flight-from-russia-continues
Russia’s business rupture with the West grew wider Monday as Shell, General Motors and others announced plans to end or freeze their dealings with the nation after its invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/russian-planes-face-near-total-airspace-ban-to-west
Russian airlines face a near-total airspace blockade to the country's west after an EU official said most European countries are set to impose flight bans....
https://knews.kathimerini.com.cy/en/news/global-markets-tumble-after-putin-orders-invasion
The FTSE 100 index fell by more than 1.5 percent today and European shares hit a seven-month low with a long-feared Russian invasion of Ukraine now appearing to be underway....
https://knews.kathimerini.com.cy/en/news/putin-says-he-may-recognise-breakaway-regions-of-ukraine
Russian President Vladimir Putin said on Monday he was considering a request by two regions of eastern Ukraine held by Russian-backed separatists to be recognised as independent - a move that could give Moscow a reason to openly send troops....
https://knews.kathimerini.com.cy/en/news/after-two-years-of-closed-borders-australia-welcomes-the-world-back
Australia said on Monday it will reopen its borders to vaccinated travelers this month, ending two years of misery for the tourism sector, reviving migration and injecting billions of dollars into the world No. 13 economy....
https://knews.kathimerini.com.cy/en/business/netflix-shares-lose
Netflix dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20 percent and wiping away most of its remaining pandemic-fueled gains from 2020, just a week after raising prices by up to $2 a month....
https://knews.kathimerini.com.cy/en/news/east-med-is-‘not-a-turkish-sea-president-of-french-senate-tells-kathimerini
The East Mediterranean is not a Turkish sea and interoperability between the French and Greek armed forces is a factor that brings stability to the region...
https://knews.kathimerini.com.cy/en/business/kpmg-in-cyprus-partners-with-salesforce
KPMG in Cyprus signed a partnership agreement with Salesforce and became the 20th Member Firm to officially join the KPMG Salesforce ecosystem....
https://knews.kathimerini.com.cy/en/news/pope-francis-at-the-presidential-palace
Pope Francis arrived in Cyprus at 15:00 on Thursday afternoon. ...
https://knews.kathimerini.com.cy/en/business/london-credit-fund-q3-2021-results-exceed-its-4-pa-target-return
Consulco announced that during Q3 2021, London Credit Fund achieved a dividend of £11.55 in per unit of its Class A shares, $10.84 per unit for its Class C shares and €10.57 per unit for its Class E shares....
https://knews.kathimerini.com.cy/en/news/cyprus-civil-service-secret-out-in-the-open
Thousands of civil servants have been found to run private businesses or direct companies without permission from the state, with officials calling on violators to comply with the law and some politicians calling for an investigation into possible conflicts of interest...
https://knews.kathimerini.com.cy/en/news/facebook-company-changes-name-to-meta
Facebook Inc is now called Meta, the company said on Thursday, in a rebrand that focuses on building the "metaverse," a shared virtual environment that it bets will be the successor to the mobile internet...
https://knews.kathimerini.com.cy/en/life/social-media-enabling-destruction-of-democracy
“It’s the enabler of the destruction of democracy. It’s the enabler of the destruction of the facts,” says the Filipino Nobel Laureate Maria Ressa...
https://knews.kathimerini.com.cy/en/news/cyprus-puts-foot-down-on-migration
The Republic of Cyprus is adding pressure on a pending agreement over an EU migration pact, with three proposals backed by MED5 countries aimed at airing their grievances against the bloc, a union that is going through a power struggle...
https://knews.kathimerini.com.cy/en/business/hellenic-posts-21-million-euro-profit
Hellenic Bank posted after-tax profits of €21 million for the first half of 2021....
https://knews.kathimerini.com.cy/en/news/pfizer-produces-strong-antibodies-in-kids
Pfizer Inc. and partner BioNTech SE said their Covid-19 vaccine was safe and produced strong antibody responses in children ages 5 to 11 in a large-scale trial,...
https://knews.kathimerini.com.cy/en/news/ecb-tells-cyprus-lawmakers-to-get-it-right
Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...
https://knews.kathimerini.com.cy/en/news/cyprus-hurries-to-clean-up-company-registry
Energy Minister Natasa Pilides has called on business stakeholders in Cyprus to embrace a new effort of recording and updating true information about beneficiaries of companies, saying a new digital registry can bolster transparency on the island...
https://knews.kathimerini.com.cy/en/news/health-minister-shares-concerning-covid-data-with-cabinet
Cyprus’ restrictions de-escalation strategy will be carefully implemented to avoid setbacks, Health Minister Constantinos Ioannou said on Tuesday...
https://knews.kathimerini.com.cy/en/business/kpmg-unveils-impact-plan
KPMG has recently published its first global environmental, social and governance (ESG) plan. KPMG Impact Plan brings together new and existing ESG commitments under one umbrella, focusing on four important categories: Planet, People, Prosperity and Governance...
https://knews.kathimerini.com.cy/en/news/cyprus-looking-to-boost-relations-with-militarily-developed-gulf-states
The enhancement of Cyprus’ relations with militarily-developed Gulf states constitutes a priority, Defence Minister Charalambos Petrides said Wednesday, against the backdrop of diplomatic developments with the United Arab Emirates (UAE) and Saudi Arabia....
https://knews.kathimerini.com.cy/en/news/former-finmin-tells-passports-probe-he-shares-part-of-blame
Former Finance Minister Harris Georgiades told the independent investigative committee probing the citizenships by exception granted via the Republic’s nixed ‘golden passports’ program that “as a member of the Council of Ministers, I have a portion of the blame”.
...
https://knews.kathimerini.com.cy/en/news/folli-follie-report-unveils-17-year-scam
The troubled Folli Follie company’s major shareholders, the Koutsolioutsos family, reaped the benefits of a well-orchestrated fraud scheme that lasted for at least 17 years, under the nose of the supervisory authorities, generating hundreds of millions of euros in profits, according to an audit report by PricewaterhouseCoopers.
...
https://knews.kathimerini.com.cy/en/news/moderna-to-seek-us-eu-authorization-for-vaccine-on-monday
Moderna Inc will apply for US and European emergency authorization for its Covid-19 vaccine on Monday after full results from a late-stage study showed it was 94.1% effective with no serious safety concerns, the company said....
