https://knews.kathimerini.com.cy/en/news/ubs-steps-in-to-buy-rival-credit-suisse
Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal...
https://knews.kathimerini.com.cy/en/news/cyprus-scraps-online-migration-appointments-after-scandal
Immigration authorities in the Republic of Cyprus scrapped an online appointment platform on Monday after allegations were made public about agents selling available slots to foreigners for profit and causing months of waiting for those who did not shell out the cash...
https://knews.kathimerini.com.cy/en/news/italy-weighs-in-as-cypriot-fund-goes-after-lukoil-plant
An Israeli-backed Cypriot fund’s deal to buy a Lukoil-owned refinery in Italy is hanging in the balance ahead of a Cabinet meeting in Rome possibly this week, when veto powers would be weighed against energy hub aspirations that could replace Russian gas and put the final nail in the coffin of a proposed EastMed pipeline...
https://knews.kathimerini.com.cy/en/news/macron-under-pressure-as-pension-protests-turn-violent
French President Emmanuel Macron on Friday faced the gravest challenge to his authority since the so-called Yellow Vest protests after his decision to push through a contested pension overhaul without a vote prompted violent unrest overnight....
https://knews.kathimerini.com.cy/en/news/cyprus-under-storm-watch-ahead-of-eventful-weekend
A weather alert has been issued for Cyprus on Friday, as heavy thunderstones coupled with strong winds are expected throughout the island in the daytime...
https://knews.kathimerini.com.cy/en/news/tax-department-€70-million-in-taxes-refunded-€200-million-to-be-collected
An intensive effort by the Tax Department in recent months has resulted in a refund of over €70 million in excess taxes, with an additional €200 million expected to be collected, according to Tax Inspector Sotiris Markides. He emphasized that the Department aims to clear all outstanding Company and Individual Returns by the end of 2023....
https://knews.kathimerini.com.cy/en/news/death-toll-from-flu-cases-at-14-including-an-8-year-old-girl
Fourteen people have died from Influenza in Cyprus this winter, among them an 8-year-old girl, who passed away at the Limassol General Hospital, after being treated in the Intensive Care Unit....
https://knews.kathimerini.com.cy/en/news/partnership-between-new-york-times-and-kathimerini-turns-25
Aristides Alafouzos, the late owner of Kathimerini, loved challenges. In 1988, a critical period for the Greek press, he bought Kathimerini, ensuring that the prestige and integrity of this historic newspaper would be preserved. ...
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/expert-says-cliff-death-accident-story-checks-out
Cyprus Police are rolling back statements on a murder investigation in the cliff death of a Ukrainian woman, after a private forensic examiner tasked by the suspect announced to the media that his client’s version of events about a tragic accident checked out...
https://knews.kathimerini.com.cy/en/news/usa-house-votes-to-declassify-covid-origin-report
The House voted unanimously Friday to declassify U.S. intelligence information about the origins of COVID-19, a sweeping show of bipartisan support near the third anniversary of the start of the deadly pandemic....
https://knews.kathimerini.com.cy/en/news/meta-lays-off-another-10-000-workers
Meta, the parent company of social media giant Facebook, has announced it will cut another 10,000 jobs as part of a company-wide restructuring effort....
https://knews.kathimerini.com.cy/en/news/cliff-death-draws-the-big-guns-of-forensics
A private forensic pathologist will take part in a defense autopsy of a young Ukrainian woman, whose boyfriend insists her cliff death was an accident, despite initial objections by the Legal Department which has also tasked its own expert to lead the exam...
https://knews.kathimerini.com.cy/en/news/police-union-takes-issue-with-police-body-cam-bill
Cypriot law enforcement officers could soon were body cameras while responding to incidents, but a bill proposal going through a House committee this week could be delayed by objections from police unions...
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/british-high-commissioner-visits-voice-for-autism-makes-donation
British High Commissioner in Nicosia, Irfan Siddiq, visited recently the Nicosia-based NGO, Voice for Autism to see first-hand the brilliant work carried out in support of young people of the community, a press release by the High Commission says....
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/news/russians-top-list-of-property-buyers-in-the-first-months-of-2023
Russian nationals were by far the largest group of foreign real estate buyers in Cyprus during the first two months of 2023, according to data by the Department of Lands and Surveys,...
https://knews.kathimerini.com.cy/en/news/boyfriend-arrested-after-autopsy-in-woman-s-cliff-death
A man who says his girlfriend slipped and fell to her death in coastal Paphos over the weekend has been arrested on premeditated charges, after a post mortem showed injuries inconsistent with a free fall...
https://knews.kathimerini.com.cy/en/news/week-starts-off-with-strong-winds-and-heavy-rain
A severe weather alert has been issued for Monday in Cyprus where isolated thunderstorms and possible hailstorms are expected along with daytime strong winds...
https://knews.kathimerini.com.cy/en/news/cypriot-president-plays-safe-on-first-overseas-trip
Cypriot President Nikos Christodoulides took a commercial flight to Athens on Sunday for his first trip overseas since taking office, with reports saying the presidential aircraft was grounded due to a minor mechanical problem...
https://knews.kathimerini.com.cy/en/news/saudi-arabia-and-iran-to-re-establish-diplomatic-ties
Saudi Arabia and Iran reached an agreement that paves the way for the re-establishment of diplomatic ties after a seven-year split, a major realignment between regional rivals, the countries said Friday in a joint statement....
https://knews.kathimerini.com.cy/en/news/mostly-clear-over-the-weekend-with-a-chance-of-showers
When are the rains coming...
https://knews.kathimerini.com.cy/en/news/latvia-confiscated-cars-from-drunk-drivers-sent-to-ukraine
The first of hundreds of cars confiscated by Latvian authorities from drunk drivers have started their journey to Ukraine, where Riga hopes they’ll help Kyiv with its war efforts....
https://knews.kathimerini.com.cy/en/news/president-says-‘cyprus-on-right-side-of-history-over-ukraine
The solution of the Cyprus problem is a top priority of his administration, President Nikos Christodoulides said, in an interview with the Hellenic Broadcasting Corporation (ERT) on Thursday evening ahead of a visit he will pay Greece next week...
https://knews.kathimerini.com.cy/en/business/investigation-into-understaffing in-the-tourism-industry-is-imminent
The start of the summer travel season is anticipated to occur around the end of March or the beginning of April, along with the reopening of hotel facilities that were closed during the winter....
https://knews.kathimerini.com.cy/en/news/criticism-grows-as-europe-pushes-to-restrict-cars-in-cities
In an effort to ease traffic congestion and curb greenhouse gas emissions causing climate change, municipalities from Barcelona to Brussels have embarked on what has been called a “transportation revolution.”...
https://knews.kathimerini.com.cy/en/news/at-least-12-snowed-in-residents-found-dead-in-california-mountain-community
At least 12 people have died in Southern California, authorities said, after fierce winter storms lashed the state, burying normally warm areas in snow....
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/false-start-looms-ahead-of-dicarlo-visit
A Greek Cypriot proposal to involve a select group of EU officials in the Cyprus Problem has been rejected by Turkish Cypriots, as UN Under-Secretary-General Rosemary DiCarlo prepares to visit the divided island before her Brussels trip...
