https://knews.kathimerini.com.cy/en/business/550-employees-leave-bank-of-cyprus
The Bank of Cyprus announced the successful completion of a voluntary staff retirement plan. Through the Plan, approximately 550 employees have been approved for severance,
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https://knews.kathimerini.com.cy/en/news/sba-police-probe-corrupt-official-in-pizzo-case
A local man working for the Sovereign Base Areas in Cyprus is facing corruption charges, where he is being accused of receiving money from businesses in order to turn a blind eye on violations...
https://knews.kathimerini.com.cy/en/news/discussions-on-minimum-wage-in-the-final-stretch
We are entering the final stretch for the introduction of the minimum wage in Cyprus and serious developments are expected next Friday, July 22, 2022....
https://knews.kathimerini.com.cy/en/business/medicover-awarded-at-the-10th-invest-cyprus-international-investment-awards
Medicover was honoured at the prestigious 10th Invest Cyprus International Investment Awards, which recognize foreign companies, individuals, and investors for their contribution to the country’s economy....
https://knews.kathimerini.com.cy/en/business/faneromeni22-band-macumba
https://knews.kathimerini.com.cy/en/news/rumors-of-pegasus-purchase-by-cyprus-not-put-to-rest
The possibility that NSO sold Pegasus to Cypriot authorities remained unanswered last week when a Cypriot MEP grilled the company’s general counsel, who stopped short of saying who actually bought it...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-offering-voluntary-retirement-plans-for-up-to-600-employees
The Bank of Cyprus is offering a Voluntary Retirement Plan to 500 - 600 employees of its employees in the hopes that it can reduce its number of employees in order to maintain profitability. ...
https://knews.kathimerini.com.cy/en/news/retail-trade-in-the-grip-of-inflation
The market is under intense pressure due to the inflationary trends of recent months with consumers appearing hesitant on their trips to retail stores. More shoppers are looking for special offers and refraining from impulsive buys....
https://knews.kathimerini.com.cy/en/news/suspected-sex-offender-facing-trafficking-charges
Police are keeping a tight lid on an arrest in connection with a sex exploitation case after a man was arrested on Sunday on indecent assault and rape charges...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-drives-sustainable-digital-innovation-in-financial-services-with-kyndryl
Kyndryl, the world's largest IT infrastructure services provider and Bank of Cyprus, the leading banking and financial services group in Cyprus, announced an agreement to expand their collaboration with a new five-year managed IT services program that advances the Bank’s ESG commitments through 2030, by supporting the Bank’s levels of service, giving access and visibility to its products to all stakeholders....
https://knews.kathimerini.com.cy/en/news/1-president-vows-to-carry-on-zeta-s-legacy
Cyprus President Nicos Anastasiades bade farewell on Friday to Labor Minister Zeta Emilianidou, who passed away on Monday after suffering a cerebral aneurysm in May, noting that despite her achievements she remained humble, humane, a respectable lady and that he feels proud of her work...
https://knews.kathimerini.com.cy/en/business/myth-buster-ifrs-17-an-accounting-standard-for-insurance-contracts
As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...
https://knews.kathimerini.com.cy/en/business/new-research-shows-what-s-driving-resilience-and-regeneration-in-today-s-global-family-businesses
Annual report from KPMG Private Enterprise and the STEP Project Global Consortium highlights how emotional attachment to one’s organization and the ability of next-gens to take risks and experience life outside the family business are critical elements of future business success....
https://knews.kathimerini.com.cy/en/business/kpmg-and-cim-offer-two-scholarships
Corporate social responsibility and support to the community are both fundamental and guiding principles in KPMG Cyprus. ...
https://knews.kathimerini.com.cy/en/news/mykonos-dk-oyster-bar-in-legal-hot-seat-for-overcharging
Two American tourists are taking legal action against a Greek beach bar after it charged them more than £500 for two drinks and a plate of crab legs....
https://knews.kathimerini.com.cy/en/business/blood-donation-day
In support to the Nicosia General Hospital blood bank and as part of its CSR initiatives, KPMG in Cyprus organised a blood donation day at its premises at Nicosia, on 31 May. ...
https://knews.kathimerini.com.cy/en/news/europol-sex-trafficking-probe-lands-cypriot-farmer-in-prison
An elderly farmer in Cyprus was sentenced to ten years behind bars in a sexual exploitation case, after a joint law enforcement operation with Europol led to the discovery of at least two victims in the island’s agricultural sector...
https://knews.kathimerini.com.cy/en/business/awards-for-lidl-cyprus-human-resources-department
Once more, Lidl Cyprus proves to be a leading employer, constantly evolving and innovating while always remaining focused on people! At the 2021 Digital Marketing Awards ceremony, Lidl Cyprus received 4 awards as a result of the company's activities as Top Employer...
https://knews.kathimerini.com.cy/en/news/shock-and-anger-after-gunman-opens-fire-at-texas-primary-school
The United States is in shock after a shooting massacre at a school in Texas that left 19 students and two teachers dead....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-to-reduce-its-employees-by-500-in-2022
https://knews.kathimerini.com.cy/en/news/petrides-things-will-be-difficult-in-the-coming-years
The government will continue supporting households, especially the vulnerable, amid rising inflation, Finance Minister Constantinos Petrides said, warning that tackling inflation is difficult due to its structural nature amid the Ukrainian crisis....
https://knews.kathimerini.com.cy/en/business/tax-incentives-for-businesses-looking-to-relocate-to-cyprus
The Cypriot government on Tuesday approved a bill with tax incentives aiming to attract talent and promote headquartering in Cyprus, in line with the Strategy for Attracting Businesses for Activities and/or Expansion of their Activities in Cyprus approved by the Council of Ministers in October 2021....
https://knews.kathimerini.com.cy/en/news/bodies-found-in-lake-mead-renew-interest-in-vegas-mob-lore
Las Vegas is being flooded with lore about organized crime after a second set of human remains emerged within a week from the depths of a drought-stricken Colorado River reservoir just a 30-minute drive from the notoriously mob-founded Strip....
https://knews.kathimerini.com.cy/en/news/op-ed-esg-dei-and-other-acronyms-and-why-we-need-to-know-about-them-imho
Quite a few times I found myself receiving messages and having to pause and google search an acronym to understand its meaning. I’m sure I’m not alone, and it’s surely not just a Gen X symptom....
https://knews.kathimerini.com.cy/en/news/cyprus-rcb-bank-and-its-kremlin-ties
On March 24, Cyprus’s fourth-largest bank announced it would wind down its banking operations in the wake of the “volatile geopolitical situation” caused by Russia’s invasion of Ukraine a month earlier....
https://knews.kathimerini.com.cy/en/news/furious-us-chief-justice-confirms-leaked-draft-on-abortion-rights-is-authentic
A furious Chief Justice John Roberts has confirmed that the bombshell draft opinion leaked to Politico, in which the Supreme Court’s conservative majority moves to overturn Roe v. Wade, is indeed authentic....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-pillar-two-on-a-global-minimum-taxation
On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....
https://knews.kathimerini.com.cy/en/business/ey-survey-growing-sustainability-risks-put-pressure-on-law-departments
Law departments around the world are facing a rising tide of risks relating to sustainability, but they do not feel that business leadership fully understands the implications, and they require additional resources to manage them effectively, according to a new study from EY Law and the Harvard Law School Center on the Legal Profession....
https://knews.kathimerini.com.cy/en/news/census-takers-face-hostility-in-cyprus
Census workers in Cyprus are facing hostile residents during the ongoing campaign, as many citizens say they are worried about their personal information also being collected for sinister purposes...
https://knews.kathimerini.com.cy/en/business/euler-hermes-is-now-allianz-trade
Todaymarks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade – a natural moveas we have been fully part of the Allianz Group since 2018...