https://knews.kathimerini.com.cy/en/news/credit-suisse-in-the-hot-seat-for-telling-its-clients-to-shred-evidence
Just weeks after Credit Suisse was caught telling clients to shred evidence of its loans to Russian oligarchs, the embattled investment bank has decided to pull out of the country....
https://knews.kathimerini.com.cy/en/news/ukraine-s-capital-under-fire-3-eu-nation-leaders-to-visit
Russia’s relentless bombardment of Ukraine edged closer to central Kyiv on Tuesday, with a series of strikes hitting a residential neighborhood as the leaders of three European Union countries planned a bold visit to Ukraine’s embattled capital in a show of support....
https://knews.kathimerini.com.cy/en/news/time-to-lift-unjust-sanctions-on-turkey-s-defense-industry-erdogan-tells-biden
Turkish President Tayyip Erdogan told U.S. President Joe Biden in a phone call on Thursday that it was past time to lift all "unjust" sanctions on Turkey's defense industry....
https://knews.kathimerini.com.cy/en/news/europe-s-banks-reveal-billions-worth-of-russia-risk-as-sanctions-bite
Credit Suisse said it had gross exposure to Russia of 1.6 billion Swiss francs ($1.73 billion) at the end of 2021, the latest European bank to reveal the size of potential losses as Western sanctions shut Russia out of the global financial system....
https://knews.kathimerini.com.cy/en/news/coca-cola-starbucks-and-mcdonald-s-suspend-operations-in-russia
Coca-Cola, Starbucks, and McDonald’s have suspended operations in Russia in response to its invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/stolichnaya-vodka-will-now-be-marketed-simply-as-stoli
The maker of Stolichnaya vodka announced a major rebrand Friday, in direct response to its founder's "vehement position" against the Putin regime and the Russian invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/concerns-over-bioweapons-emerge-in-ukraine
Washington warned this week that Russians could plan a biological or chemical attack in Ukraine, in response to Moscow’s claims that Russian armed forces obtained evidence of US-sponsored research as well as calls for American officials to come clean...
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/ukraine-multinational-companies-suspend-their-operations-in-wake-of-russian-inavsion
One company after another has decided to suspend its activities in Ukraine in the wake of the Russian invasion of the country and the uncertainty it has caused in international markets....
https://knews.kathimerini.com.cy/en/business/we-re-all-gonna-die-so-here-s-a-greener-way-to-go
Back in January 2021, Covid created such a backlog of bodies at L.A. County morgues that the local air quality agency lifted air pollution limits on crematories so they could work extended hours....
https://knews.kathimerini.com.cy/en/news/historic-leak-of-swiss-banking-records-reveals-unsavory-clients
Despite two decades of pledges by Credit Suisse to crack down on illegitimate funds, data leaked from the bank reveals that it catered to dozens of criminals, dictators, intelligence officials, sanctioned parties and political actors with outsized wealth....
https://knews.kathimerini.com.cy/en/news/wars-over-imported-damaged-vehicles-get-ugly-in-cyprus
Cyprus police have been keeping on the down low an investigation into alleged irregularities involving imported damaged vehicles, with reports saying a state employee’s vehicle was torched after he blew the whistle on a suspected illegal network amid government efforts to take lemons off the street...
https://knews.kathimerini.com.cy/en/news/peo-concerned-about-increase-in-fuel-and-basic-consumer-products
The Pancyprian Federation of Labor (PEO) has expressed its concern about the continuous upward trend in fuel prices, which, as it notes, "will add to the cost of basic consumer products"....
https://knews.kathimerini.com.cy/en/business/credit-suisse-faces-money-laundering-charges-in-bulgarian-cocaine-traffickers-trial
Credit Suisse faced charges in a Swiss court on Monday for allowing an alleged Bulgarian cocaine trafficking gang to launder millions of euros, some of it stuffed into suitcases....
https://knews.kathimerini.com.cy/en/news/electrical-failure-not-ruled-out-in-deadly-fire
Fire fighters who responded to a fire in a village in Nicosia district discovered the body of a man inside a mobile home, with sources pointing to a suspected electrical failure around the building...
https://knews.kathimerini.com.cy/en/news/emilianidou-pay-gap-between-men-and-women-has-sufficiently-declined
"Despite progress in reducing the pay gap between men and women in Cyprus, we are continuing efforts to reduce and eradicate the disparity," Minister of Labour, Welfare and Social Insurance Zeta Emilianidou said on the occasion of Equal Pay Day....
https://knews.kathimerini.com.cy/en/news/government-portal-to-ease-frustration-delayed
A new digital government platform in Cyprus aimed at pulling sources from different agencies to deliver fast customer service is behind schedule, with officials pointing finger at internal procedures but remaining hopeful that the service will soon be up and running...
https://knews.kathimerini.com.cy/en/news/cabinet-approves-small-changes-to-coronavirus-measures
The Council of Ministers today approved small changes to the covid measures in place, including lifting the prohibition of entry in food and drink establishments and theatres to unvaccinated minors between 12 and 17 years of age and extending the "test to stay" measure to the National Guard....
https://knews.kathimerini.com.cy/en/news/ukraine-britain-us-withdraw-diplomats-and-their-families
The United Kingdom has begun withdrawing some staff from its embassy in the Ukrainian capital amid fears of an imminent Russian military invasion....
https://knews.kathimerini.com.cy/en/news/cyprus-passes-national-whistleblower-law
Cypriot lawmakers passed a consolidated bill on whistleblowing protections on Thursday after years of delays and EU pressure, with the new law aimed to shield employees from retaliation after speaking up against corruption...
https://knews.kathimerini.com.cy/en/news/supreme-court-halts-covid-19-vaccine-mandate-for-us-businesses
The Supreme Court has stopped a major push by the Biden administration to boost the nation’s COVID-19 vaccination rate, a requirement that employees at large businesses get a vaccine or test regularly and wear a mask on the job....
https://knews.kathimerini.com.cy/en/news/a-bank-accidentally-paid-thousands-of-people-more-than-$175-million-on-christmas-day-due-to-a-technical-glitch
Santander UK is trying to recoup about $175 million (130 million pounds) that it accidentally transferred to customers on Christmas Day....
https://knews.kathimerini.com.cy/en/news/omicron-related-disruptions-caused-over-4-000-flight-cancellations
Over 4,000 flights were canceled around the world on Sunday, more than half of them U.S. flights, adding to the toll of holiday week travel disruptions due to adverse weather and the surge in coronavirus cases caused by the Omicron variant....
https://knews.kathimerini.com.cy/en/news/ghislaine-maxwell-convicted-in-epstein-sex-abuse-case
The British socialite Ghislaine Maxwell was convicted Wednesday of luring teenage girls to be sexually abused by the American millionaire Jeffrey Epstein....
https://knews.kathimerini.com.cy/en/news/police-probe-gangland-link-to-larnaca-murder
Police are pursuing several leads after a man without a criminal record was gunned down mob style in Larnaca, with investigators paying close attention to the victim’s family connections to ongoing drug wars in the southern town...
https://knews.kathimerini.com.cy/en/news/safe-pass-arrest-sheds-light-on-giant-loophole
A man at a local store in Limassol was arrested on Wednesday after police officers who asked to inspect his Safe Pass determined the document did not match his ID card, but not everyone is on the same page regarding secondary inspections at the door...
https://knews.kathimerini.com.cy/en/news/new-health-measures-announced-by-the-ministry-today
The Minister of Health, Michalis Hadjipandela, announced new health measures today aimed at curbing the spread of the coronavirus during the Christmas Holidays. ...
https://knews.kathimerini.com.cy/en/business/voluntary-retirement
Bank of Cyprus announces the successful completion of a small-scale targeted voluntary retirement plan....
https://knews.kathimerini.com.cy/en/news/clarifications-min-health-for-the-new-measures-the-exceptions-for-telework
In a written announcement, the Ministry of Health clarified the new measures that were decided upon during yesterday's meeting of the Council of Ministers....