https://knews.kathimerini.com.cy/en/business/consumers-to-buy-directly-from-automaker-not-from-dealer
Mercedes-Benz has reached an agreement with its European dealers to switch to a new dealership model, in which customers will buy directly from the automaker and not from the dealer, the German brand said....
https://knews.kathimerini.com.cy/en/news/russians-pile-into-property-in-istanbul-and-dubai-to-shelter-from-sanctions
Wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial haven in the wake of Moscow's invasion of Ukraine and Western sanctions, according to many property companies....
https://knews.kathimerini.com.cy/en/business/rcb-shifts-from-banking-to-asset-management
RCB Bank Ltd switches from banking to asset management, consequently phasing out its banking operations as of today....
https://knews.kathimerini.com.cy/en/news/millionaire-flies-ukrainians-to-switzerland
Clutching her baby to her breast, Alona Shevchenko's eyes well up with tears as the plane lifts off from Krakow....
https://knews.kathimerini.com.cy/en/life/volkswagen-gets-a-lot-of-buzz-premiering-their-new-electric-throwback-bus-–-the-id-buzz-images
Volkswagen unveiled their new ID. Buzz in Hamburg, calling it “Europe’s first all-electric bus”....
https://knews.kathimerini.com.cy/en/news/european-plan-to-donate-fighter-jets-to-ukraine-collapses
A proposed deal to allow Ukrainian pilots to fly fighter jets donated by European Union countries has fallen apart....
https://knews.kathimerini.com.cy/en/business/digital-ruble-trial-goes-live-as-bank-of-russia-insists-on-bitcoin-ban
Amid more reports on the Bank of Russia rejecting the Finance Ministry’s proposal of cryptocurrency regulation, the central bank has kicked off trials of its own digital currency....
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/cyprus-keeps-hopes-up-as-wonder-bids-farewell
Wonder of the Seas, the world’s largest cruise ship left Limassol on Thursday at 4:30pm after a short visit to pick up crew and renew the company’s commitment to Cyprus at a particularly tough time for both the industry and the island looking to rebrand itself...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-to-impose-new-and-increased-fees-from-february-15-2022
Bank of Cyprus will be imposing new and increased fees by February 2022, adopting the general trend of the European banking sector of increasing bank charges to cover a reduction of income stemming from low interest rates....
https://knews.kathimerini.com.cy/en/business/as-millions-fell-into-poverty-during-the-pandemic-billionaires-wealth-soared
The coronavirus pandemic has worsened the massive financial gap between rich and poor around the world, a new report has found....
https://knews.kathimerini.com.cy/en/news/divorce-goes-digital-in-greece
In an effort to reduce bureaucracy in Greece, the government has begun moving more of its services online in order for citizens to save time and reduce red tape....
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/turkey-asks-us-to-buy-40-f-16-jets-to-upgrade-air-force-sources-say
Turkey has made a request to the US to buy 40 Lockheed Martin-made F-16 fighter jets and nearly 80 modernization kits for its existing warplanes,...
https://knews.kathimerini.com.cy/en/life/outage-highlights-how-vital-facebook-has-become-worldwide
In Lima, Peru, the breakdown complicated dental technician Mary Mejia’s job. Like most Peruvian medical workers, she uses WhatsApp for a multitude of tasks, including scheduling appointments and ordering crowns....
https://knews.kathimerini.com.cy/en/news/finmin-confirms-cyprus-won-t-reinstate-‘golden-passports-scheme
Finance minister Constantinos Petrides assured that the government will not be reinstating the Cyprus Investment Program (CIP), that was shut down after the shocking corruption revelations that emerged through an Al Jazeera investigation and the subsequent stark criticism by the European Commission. ...
https://knews.kathimerini.com.cy/en/news/elusive-businessman-with-cyprus-ties-pops-up
The whereabouts of elusive Russian hedge fund manager German Lillevali, who was linked to a flurry of companies in Cyprus after he became a resident, are no longer a mystery after reports that he was detained in the US on an immigration violation but released due to overcrowding amid the coronavirus pandemic...
https://knews.kathimerini.com.cy/en/news/cyprus-records-deficit-of-€800-million-in-q2-due-to-covid-19-impact
Cyprus General Government posted a deficit of €800 million in the period of April – June 2020 compared to a surplus of €140 million in the respective period of last year, according to data released today by the Cyprus Statistical Service (Cystat)....
https://knews.kathimerini.com.cy/en/news/isis-‘beatles-duo-plead-not-guilty
Two Islamic State suspects from the UK, including one with Cypriot origins, have pleaded not guilty in a US court to charges of conspiring to murder four American hostages...
https://knews.kathimerini.com.cy/en/news/govt-mulling-over-state-guarantee-scheme-for-cyprus-students-in-uk
Cyprus Ministers and MPs put their heads together on Wednesday to find ways of dealing with the UK’s decision to end home fee status for EU students from the 2021-22 academic year....
https://knews.kathimerini.com.cy/en/news/woman-in-white-collar-scheme-not-talking
Police investigators are fishing out more details in a while collar crime in Limassol, where a woman accused of embezzling over €1 million was said not to be cooperating with police...
https://knews.kathimerini.com.cy/en/news/cyprus-all-set-to-receive-tourists-from-june-15
The Deputy Tourism Ministry is all set to open the Cyprus tourism market as of June 15....
https://knews.kathimerini.com.cy/en/news/unhcr-steps-in-to-ensure-refugees-in-cyprus-receive-proper-protection
The UNHCR office in Cyprus has stressed that refugees must be included in the government’s planning and response to the Covid-19 pandemic, offering hands-on solutions to the myriad problems in the government’s handling of refugee and asylum procedures that have only been exacerbated by the current crisis....
https://knews.kathimerini.com.cy/en/news/greek-government-to-proceed-with-new-island-camps-despite-reactions
The Greek government is determined to move ahead with its plan to build new holding facilities for migrants and refugees as part of a plan to accelerate asylum procedures and deportations on the five islands hosting camps, its spokesman said on Tuesday, amid reactions to the scheme from island residents....
https://knews.kathimerini.com.cy/en/news/turkey-denounces-move-to-end-cyprus-arms-embargo
Ankara has warned Washington that an impending lift of a US arms embargo on the Republic of Cyprus is a “dangerous escalation” that would hamper efforts to reach a peace settlement on the divided island...
https://knews.kathimerini.com.cy/en/news/us-arms-embargo-to-be-lifted-on-conditions
President Donald Trump will have discretion over a current US arms embargo imposed on Cyprus, as both Senate and House conferees have reached an agreement on the defence budget for next year...
https://knews.kathimerini.com.cy/en/news/chavez-daughter-transferred-money-through-cyprus
More allegations of money laundering implicate Cyprus with a special report saying a Florida account accessed by the daughter of late Venezuelan president Hugo Chavez had money transfers from a bank on the island...
https://knews.kathimerini.com.cy/en/news/two-dead-in-greek-migrant-camp-fire
A mother and child died in a fire started by rioting migrants at the identification and reception center of Moria on the southeastern Aegean island of Lesvos on Sunday, the state-run Athens-Macedonian News Agency has reported...
https://knews.kathimerini.com.cy/en/news/cyprus-fiscal-surplus-at-4-3-of-gdp
Cyprus general government surplus was at 4.3% of GDP in the first eight months of 2019, mainly due to the increase in social contributions and revenue from taxes, according to the preliminary General Government fiscal results for the period of January-August 2019 released Friday by the Statistical Service of Cyprus.
...
https://knews.kathimerini.com.cy/en/news/teacher-strike-looming-over-opposition-to-semesters
State high school teachers are preparing to strike over their opposition to a semester-based exam schedule, with OELMEK union calling on its members to show no interest in putting the exams together...
