https://knews.kathimerini.com.cy/en/news/russia-s-ruble-drops-to-lowest-level-since-2022-conflict
The Russian ruble slid past 100 against the dollar Monday, its lowest level since March 23, 2022 -- weeks after Moscow unleashed full-scale hostilities in Ukraine....
https://knews.kathimerini.com.cy/en/comment/opinion/a-long-journey-always-begins-with-a-small-step
The many crises the EU has been facing recently should not let us forget the ongoing pain caused by the open wound of Cyprus’ division....
https://knews.kathimerini.com.cy/en/news/cyprus-commits-to-eu-s-greenhouse-gas-emission-targets
The participation of Cyprus in the ambitious climate target set by the European Commission for at least a 55% reduction in greenhouse gas emissions by 2030, based on the new package of European legislation Fit For 55, includes further emissions reductions in all sectors....
https://knews.kathimerini.com.cy/en/news/cyprus-neighbor-to-add-another-lane-for-gas-export
Partners in the Israeli offshore gas project Leviathan said on Sunday they would invest $568 million to build a third pipeline that will allow increased natural gas production and exports...
https://knews.kathimerini.com.cy/en/news/debate-on-fuel-from-north-misfires-ahead-of-protest
Greek Cypriot gas station owners are livid with government officials who told the public it is not illegal to buy Turkish Cypriot gasoline, sparking a chaotic debate on Tuesday as protesting fuel dealers move to block motorists from entering the north...
https://knews.kathimerini.com.cy/en/news/stricter-controls-on-fuel-trading-in-occupied-areas
Stricter controls and public disclosure for fuel traders in the occupied areas to be announced tomorrow, Energy Minister George Papastasiou declares....
https://knews.kathimerini.com.cy/en/news/virgin-galactic-closer-to-commercial-flights-this-june
Virgin Galactic aims to launch its commercial space tourism service in late June....
https://knews.kathimerini.com.cy/en/news/experts-to-take-charge-of-high-profile-corruption-cases
The Anti-Corruption Authority has initiated investigations and assessments of the complaints it has received....
https://knews.kathimerini.com.cy/en/business/russia-s-use-of-chinese-yuan-to-bypass-western-sanctions-may-come-to-an-end
Russia has been using China's yuan to get around sanctions — but at least one major Chinese bank has halted transfers from Russia over fears of secondary sanctions from the West....
https://knews.kathimerini.com.cy/en/news/british-cypriot-forex-boss-found-guilty-of-fraud
A jury in a London court has found a forex trader of Cypriot origin guilty of fraud....
https://knews.kathimerini.com.cy/en/news/conservatives-in-greece-win-big
Prime Minister Kyriakos Mitsotakis, whose conservative party won a landslide election victory Sunday but without enough parliamentary seats to form a government, indicated he will seek a second election hoping to consolidate his victory without the need for a coalition partner...
https://knews.kathimerini.com.cy/en/business/deutsche-bank-to-slash-800-jobs-as-part-of-new-cost-cutting-initiative
Deutsche Bank to cut 800 jobs in a new cost-saving drive after reporting a bigger-than-expected rise in profit for the first quarter, a volatile period globally for finance companies....
https://knews.kathimerini.com.cy/en/business/folli-follie-trial-set-for-june-after-lawyers-abstention-ends
The trial of Greek jewelry maker Folli Follie is expected to finally take place in June after being deadlocked for some time. This was due to lawyers abstaining from their duties in trials concerning criminal organizations due to legal disagreements concerning a legislative provision stating that any sentences imposed would be served. ...
https://knews.kathimerini.com.cy/en/news/us-congress-members-sold-bank-shares-amidst-banking-crisis-fears
On March 10, as fears were swirling over the health of the nation’s banks, an investment account belonging to the children of Rep. Jared Moskowitz, D-Fla., sold shares of Seacoast Banking Corp. worth $65,000 to $150,000....
https://knews.kathimerini.com.cy/en/comment/opinion/from-troublesome-youth-to-social-responsibility
In my youth, I was what you would call a troublesome young man who loved firecrackers. It wasn't just because of where I grew up in my mother's village in Greece, where military history was celebrated, and almost all of my family's ancestors had died for faith and country, from Orlofika to the Korean Expeditionary Force....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-sustainable-finance
Sustainability is the key to a better, healthier, and more viable future as it improves the quality of our lives with the use of natural resources which protect our ecosystem in general. By taking into consideration the three pillars of economic viability, environmental protection, and social well-being, we can preserve the future generations’ needs while, from a corporate perspective, the development of sustainable strategies can lead to a company’s longevity....
https://knews.kathimerini.com.cy/en/business/are-you-ready-for-chatgpt-to-take-over-your-job
Since its release in November of last year, OpenAI's ChatGPT has been used to write cover letters, create a children's book, and even help students cheat on their essays....
https://knews.kathimerini.com.cy/en/business/prem-watsa-greek-banks-are-safer
Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented....
https://knews.kathimerini.com.cy/en/news/2-march-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/credit-suisse-borrows-more-than-$50-billion-from-swiss-national-bank
Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....
https://knews.kathimerini.com.cy/en/news/banks-around-the-world-feel-force-of-svb-fallout
U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....
https://knews.kathimerini.com.cy/en/news/hsbc-buys-failed-silicon-valley-bank-in-bid-to-stem-fallout
Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....
https://knews.kathimerini.com.cy/en/business/exness-opens-internship-positions-for-university-students
Exness, a global, Limassol-based fintech company specializing in trading, has announced its Cyprus summer internship program. This is the second year the leading multi-asset broker offers junior-level positions to students who want to gain working experience in their field studies. ...
https://knews.kathimerini.com.cy/en/news/work-begins-on-jetty-for-mooring-fsru-in-cyprus
Work for the construction of a jetty, as part of the LNG Receiving and Regasification Terminal in the Vasilikos area in Cyprus, has recently begun...
https://knews.kathimerini.com.cy/en/news/death-toll-surpasses-11-000-as-erdogan-visits-quake-ravaged-areas
President Recep Tayyip Erdoğan has visited the region of southern Turkey devastated by this week’s earthquake as the death toll rose above 11,000 and acknowledged that his government faced problems getting aid to victims....
https://knews.kathimerini.com.cy/en/life/buy-nothing-project-gaining-ground-worldwide
It was not until after Angela Parker, 53, had raced across her north Atlanta neighborhood to nab eight leftover, thick-cut slices of ham with gravy from the porch of someone she didn't know that she began to ask herself some questions. Was it weird to eat a stranger's porch ham? Was it safe? Would the ham be worth it?...
https://knews.kathimerini.com.cy/en/news/turkey-wants-to-become-a-natural-gas-supermarket
Turkey will hold a natural gas summit on February 14-15 to bring together gas supplier countries and Europe’s consumer countries in Istanbul, Turkish Energy Minister Fatih Donmez said on Monday....
https://knews.kathimerini.com.cy/en/business/google-cutting-12-000-jobs
Google's parent Alphabet Inc said on Friday it is cutting about 12,000 jobs, or 6% of its workforce, as the technology sector reels from layoffs and companies stake their futures on artificial intelligence (AI)....
https://knews.kathimerini.com.cy/en/news/fuel-prices-have-dropped-but-increases-are-anticipated
On January 8, 2023, the cost of 95 gasoline was 44 cents less per liter than it was on July 12, when it reached an all-time high of €1.828 per liter....
https://knews.kathimerini.com.cy/en/business/amazon-to-layoff-18-000-employees
Amazon.com Inc's layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday....