https://knews.kathimerini.com.cy/en/news/renewable-energy-hits-17-2-eyes-soaring-heights-in-2023
The share of energy consumption from renewable energy resources (RES) in 2022 has reached 17.2% in Cyprus and is expected to increase further in 2023 and in the following years, according to the annual report of the Cyprus Energy Regulatory Authority (CERA) for 2022 presented on Wednesday to the President of the Republic Nikos Christodoulides....
https://knews.kathimerini.com.cy/en/business/first-imo-gender-equality-award-presented-to-tototheo-maritime-co-ceo-despina-panayiotou-theodosiou
Despina Panayiotou Theodosiou, Co-CEO of Tototheo Maritime™, and a prominent figure in the maritime industry, has been honored with the inaugural ''Gender Equality Award'' by the International Maritime Organization (IMO)....
https://knews.kathimerini.com.cy/en/business/binance-s-zhao-steps-down-as-ceo
In a significant development for the cryptocurrency world, Changpeng Zhao, better known as CZ, has announced his resignation as the chief executive officer of Binance....
https://knews.kathimerini.com.cy/en/news/pocket-drain-or-green-gain-denmark-s-tricky-tax-call
Airports Council International Europe has issued a cautionary note to the Danish Government, discouraging the introduction of a passenger tax averaging 100 Danish krone or $14 (€13.41) on air travel....
https://knews.kathimerini.com.cy/en/business/finyard-launches-in-cyprus-providing-innovative-software-solutions-for-the-fintech-space
Finyard, an innovative software solutions provider, that helps global brands within the FinTech space offer their clients cutting-edge applications, has opened its doors in Cyprus....
https://knews.kathimerini.com.cy/en/news/ministries-unite-to-transform-halloumi-industry
There is a need for order, mainly regarding the conduct of inspections but also other issues related to the production and distribution of halloumi cheese, the Ministry of Commerce and the Ministry of Agriculture are trying, with George Papanastasiou and Petros Xenofontos agreeing that the management of all issues concerning the product, should be transferred to one and only ministry. And this was deemed necessary, since halloumi is now a protected designation of origin....
https://knews.kathimerini.com.cy/en/business/crypto-wonder-boy-sam-bankman-fried-convicted-in-$8-billion-fraud
Sam Bankman-Fried, the former billionaire founder of FTX, a prominent cryptocurrency exchange, was found guilty on Thursday of orchestrating one of the most significant financial frauds in history....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-third-place-in-the-economist-economic-pentathlon
With three gold and two silver medals, Cyprus ranks third in The Economist’s economic pentathlon which has calculated how the 27 EU member states perform on the five major challenges facing them, namely demand/inflation, debt, demography, decarbonisation and decoupling from the world’s autocracies....
https://knews.kathimerini.com.cy/en/comment/opinion/the-surge-of-violence-in-the-middle-east
The latest escalation of conflict in the Middle East marks a pivotal moment in the ongoing Arab-Israeli dispute....
https://knews.kathimerini.com.cy/en/news/laiko-cosmos-trading-ltd-at-the-cyprus-cocktail-festival-2023
The 4th Cyprus Cocktail Festival, part of the Digital Agenda Cyprus Summit, is pleased to announce the participation of Laiko Cosmos Trading Ltd as one of the main suppliers at the festival, which will take place on October 17, 2023,...
https://knews.kathimerini.com.cy/en/news/ai-enhancing-work-life-balance-100-year-careers
JPMorgan CEO Jamie Dimon is shaking off doomsday predictions about what AI means for humanity — instead laying out how he sees the technology vastly improving businesses and the work-life balance of their employees....
https://knews.kathimerini.com.cy/en/news/sweden-s-military-called-to-combat-daily-shootings-and-bombings
Sweden’s prime minister on Thursday said that he’s summoned the head of the military to discuss how the armed forces can help police deal with an unprecedented crime wave that has shocked the country with almost daily shootings and bombings....
https://knews.kathimerini.com.cy/en/business/eurobank-to-acquire-hellenic-financial-stability-fund-stake
Eurobank Ergasias Services and Holdings S.A. has recently inked a conditional sale and purchase agreement with the Hellenic Financial Stability Fund. This agreement entails the acquisition of the Fund's entire stake in Eurobank's share capital....
https://knews.kathimerini.com.cy/en/news/cyprus-aims-to-shine-with-cypriot-red-soil-potato-in-european-market
Ministry of Agriculture, Rural Development, and Environment, is making every possible effort to address new challenges while improving the competitiveness of the agricultural sector, said the Minister of Agriculture, Rural Development, and Environment, Petros Xenophontos....
https://knews.kathimerini.com.cy/en/news/company-fined-€12-000-for-workplace-safety-violations
A fine of €12,000 was imposed on a company that was judged by the District Court of Nicosia to have violated the laws concerning workplace safety and health....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-deceleration-amid-inflation-and-rising-rates
Cyprus' economy experienced a slowdown in the second quarter of 2023, prompting inquiries about the situation. According to the preliminary estimate provided by the Statistical Service, ...
https://knews.kathimerini.com.cy/en/news/concerns-rise-over-emergency-grain-stocks
The Grain Advisory Committee is scheduled to convene this morning at 10 am at the Ministry of Agriculture, to engage in a discussion centered around the adequacy of grain supplies within the market. ...
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. ...
