https://knews.kathimerini.com.cy/en/business/grant-johnson-city-of-dreams-mediterranean-will-be-the-game-changer-for-cyprus-hospitality-industry
The multi-themed City of Dreams Mediterranean resort in Limassol, which will include a luxury hotel, casino, entertainment and sports facilities, adventure park, shops and restaurants, among others, will begin operations in the second quarter of 2023. Grant Johnson, the General Manager of COD analyzes what exactly the City of Dreams Mediterranean will be, what it will offer to the tourism product of Cyprus, how it will strengthen the country's economy and its position as a popular tourist destination and at the same time he analyzes how this project will have significant benefits for the local community and its people. ...
https://knews.kathimerini.com.cy/en/business/unemployment-rises-to-6-8-in-third-quarter-of-2022
Unemployment in Cyprus in the third quarter of 2022 rose to 6.8% of the total workforce, compared with 6.6% in the respective period of last year, according to the Labour Force Survey, published by the Statistical Service of Cyprus (Cystat) on Thursday....
https://knews.kathimerini.com.cy/en/news/nhs-nurses-walk-out-in-first-strike-in-over-a-century
Nurses across much of the UK launched a historic strike on Thursday, as they walked out of hospitals and onto picket lines after several years of falling pay and declining standards left the country’s nationalized health care system in a state of crisis....
https://knews.kathimerini.com.cy/en/news/world-cup-chief-executive-death-is-a-part-of-life
The Qatar World Cup chief executive said 'death is a part of life' in response to the tragic death of yet another migrant worker who has died at a training site....
https://knews.kathimerini.com.cy/en/business/work-life-balance-of-european-women-worse-after-covid-outbreak
European women’s work-life balance has worsened since the start of the Covid-19 pandemic in 2020, a European Institute for Gender Equality (EIGE) report shows....
https://knews.kathimerini.com.cy/en/news/at-least-400-migrant-workers-died-in-projects-connected-to-the-world-cup
World Cup chief Hassan Al-Thawadi said that between 400 and 500 migrant workers have died as a result of work done on projects connected to the tournament – a greater figure than Qatari officials have cited previously....
https://knews.kathimerini.com.cy/en/business/amazon-announces-immediate-layoffs-of-10-000-workers
Amazon plans to lay off approximately 10,000 employees from administrative and other positions in its technology departments....
https://knews.kathimerini.com.cy/en/business/british-airways-goes-gender-neutral
British Airways will allow male pilots to wear make-up and carry handbags in an overhaul of the airliner's strict uniform rules....
https://knews.kathimerini.com.cy/en/news/layoffs-begin-at-twitter-as-offices-temporarily-close
Twitter Inc temporarily closed its offices on Friday after telling employees they will be informed by email later in the day whether they are being laid off....
https://knews.kathimerini.com.cy/en/business/elon-musk-refused-to-budge-on-twitter-s-$8-blue-tick-fee
Elon Musk has doubled down on Twitter's proposed new $8-per-month fee for users who want to keep their blue verified checkmark.
...
https://knews.kathimerini.com.cy/en/business/ey-holds-cyprus-attractiveness-forum-investment-realized-a-reference-point-for-fdi-in-cyprus
The Cyprus Attractiveness Forum: Investment Realized, organized by EY in collaboration with the Cyprus Chamber of Commerce and Industry, took place on Tuesday, October 25th at the Parklane Hotel, in Limassol. ...
https://knews.kathimerini.com.cy/en/news/banking-sector-to-cut-600-more-employees
The number of employees in the Cypriot banking sector will have been reduced further by the end of 2022. By the end of this year, 600 bank employees will have left the company, while about 50 will have been transferred to a similar but non-banking sector....
https://knews.kathimerini.com.cy/en/news/cyprus-government-working-to-promote-lgbtq-rights
The government’s efforts to protect and further promote the rights of the LGBTQ+ group have gone from words to deeds, said Justice and Public Order Minister, Stephi Dracou during her speech at the 8th Pride Parade in Nicosia on Sunday....
https://knews.kathimerini.com.cy/en/news/broken-fortress-discovered-under-mega-monument-burial-mound-in-cyprus
Archaeologists excavating an enormous ancient burial mound in Cyprus have uncovered an even older structure hidden beneath it: a rampart, or part of a defensive wall, according to a statement from the Department of Antiquities Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-fires-back-at-eurostat-report
The Cypriot Fire Department took issue with a Eurostat report this week that said the Republic of Cyprus in 2021 had the second highest share of firefighters on payroll...
https://knews.kathimerini.com.cy/en/business/foreign-direct-investment-in-europe-a-game-of-two-halves-current-volatility-impacts-strategy-while-long-term-appeal-instills-confidence
Europe’s attractiveness for FDI has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness Survey....
https://knews.kathimerini.com.cy/en/business/employee-influence-grows-43-set-to-quit-jobs-for-better-pay-career-opportunities-and-flexibility
Employees around the world now hold more sway in the global job market, with two-fifths (43%) of respondents saying they are likely to quit in the next 12 months according to the EY 2022 Work Reimagined Survey...
https://knews.kathimerini.com.cy/en/business/the-great-resignation-is-set-to-continue-worldwide-as-pressure-on-pay-mounts
The “Great Resignation” will continue apace in the year ahead as one in five workers say they are likely to switch to a new employer in the next 12 months.
...
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/news/eu-strikes-deal-on-adequate-minimum-wage-in-member-states
With a deal struck on Monday night, Parliament and Council negotiators agreed on EU rules to set adequate minimum wages, as provided by national law and/or collective agreements....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-talk-of-doing-good-rings-hollow-among-global-elite-in-davos
If the rich don’t give a bit more today, they may have to give a lot more tomorrow. That was my conclusion from last week’s World Economic Forum in Davos....
https://knews.kathimerini.com.cy/en/news/op-ed-inflation-welcomes-generation-z
Inflation is the rate at which prices rise, which means that we need more money to buy the same product or service. Consequently, if your salary stays the same, then your purchasing power will decrease, as you will be able to buy fewer goods and services....
https://knews.kathimerini.com.cy/en/business/overcoming-talent-crunch-and-supply-chain-upheaval-among-biggest-success-indicators-for-tech-in-2022
Increased volatility rising out of the evolving COVID-19 pandemic has led to a reshuffling of priorities for the global technology industry....
https://knews.kathimerini.com.cy/en/news/25-of-cypriot-police-officers-are-women
Cyprus is one of the top countries, among other European countries, with the highest number of females in the police force, as 25% of them are women, Assistant Head of Crime Combat Unit and member of the Police Gender equality committee, Kyriaki Lambrianidou, said....
https://knews.kathimerini.com.cy/en/news/europe-s-banks-reveal-billions-worth-of-russia-risk-as-sanctions-bite
Credit Suisse said it had gross exposure to Russia of 1.6 billion Swiss francs ($1.73 billion) at the end of 2021, the latest European bank to reveal the size of potential losses as Western sanctions shut Russia out of the global financial system....
https://knews.kathimerini.com.cy/en/news/cypriot-town-invites-greeks-of-ukraine-to-relocate
A Cypriot mayor has issued an open invitation to Ukrainians of Greek descent to settle in his town under a new master plan, saying better educated and more civilized newcomers would assimilate easier than other refugee groups on the island...
https://knews.kathimerini.com.cy/en/news/welcome-back-australia-opens-its-borders-two-years-later-images
Australia today completely opened its external borders to travelers who have been vaccinated against the coronavirus after being shut down for almost two years due to the pandemic, with tourists returning to the country and hundreds of people reuniting with relatives and friends....
https://knews.kathimerini.com.cy/en/news/op-ed-a-new-strategy-for-immigration
The new strategy will combine the peculiarities of the Greek economy with the inviolable request to combat illegal immigration, by multiplying Greece’s cooperation with third countries...
https://knews.kathimerini.com.cy/en/news/germany-wants-to-attract-400-000-skilled-workers-from-abroad-each-year
Germany's new coalition government wants to attract 400,000 qualified workers from abroad each year to tackle both a demographic imbalance and labour shortages in key sectors that risk undermining the recovery from the coronavirus pandemic....
https://knews.kathimerini.com.cy/en/news/coronavirus-danish-scientists-see-the-end-of-the-pandemic-in-2-months
The pandemic will end in two months, according to the head of the Danish State Epidemiological Serum Institute, Dr. Tira Grove Krause....
