Lone Star considering revised offer for the Bank of Cyprus
Private equity firm Lone Star, in a statement issued on Tuesday to the London Stock Exchange, said that it is considering its options in terms of submitting a revised offer ...
Dozens of students suspended over hairstyles
Dozens of students of at the Petrakis Kyprianou high school in Larnaca were suspended on Wednesday, the first day of the new academic year, for having “inappropriate haircuts”.
The incident ...
Murmurs of ‘sterling crisis’ no longer fanciful
By Mike Dolan
Even though fears of another “sterling crisis” have been wide of the mark for decades, they are harder to bat away this time around as a fourth ...
Chelsea sack Tuchel after Champions League defeat to Zagreb
Chelsea sacked manager Thomas Tuchel on Wednesday the day after his team suffered a shock 1-0 defeat away by Dinamo Zagreb in their opening game of the Champions League.
The ...
Oil slides to 7-mth low on renewed demand fears, rate hike expectations
Oil prices fell more than $1 on Wednesday to their lowest since before Russia invaded Ukraine as COVID-19 curbs in top crude importer China and expectations of more interest rate hikes ...
Cabinet approves one-off benefit for children aged 4-18
The cabinet on Wednesday approved a one-off subsidy of €50 to €80 per child for children aged between 4 and 18, it said.
The measure concerns those registered in the child benefit register.
She ...
Secondary schools reopen (Updated)
Gymnasium, lyceum and technical school students returned to classes on Wednesday for the new academic year.
Teachers have been back in the classroom since September 1, preparing to welcome students back.
...
UK heads for return to “trickle-down” economics under low-tax Truss
New British Prime Minister Liz Truss and her finance minister Kwasi Kwarteng look set to revive Margaret Thatcher’s 1980s experiment in “trickle-down” low-tax economics, the results of which have ...
Eni official’s comments on EastMed pipeline misunderstood – energy ministry
A correction was issued on Wednesday to an earlier Reuters report quoting Italian gas giant Eni’s chief operating officer (COO) as saying that the EastMed pipeline would be fully ...
Saudi GDP up 12.2 per cent in second quarter, exceeding initial estimate
Saudi Arabia’s real gross domestic product expanded by 12.2 per cent in the second quarter compared with the same period of 2021, data showed on Wednesday, as the world’s top ...
Dejected Kyrgios feels like he ‘failed’ at US Open
Nick Kyrgios said winning is the only thing that matters at a Grand Slam and that he was “devastated” by his five-set loss to Karen Khachanov in the U.S. ...
Haaland’s hot streak continues, Real beat Celtic
Manchester City manager Pep Guardiola said praising new striker Erling Haaland after each game has become part of his routine following the Norwegian’s double in their 4-0 Champions League ...
Man 40, arrested on suspicion of assault
Police on Wednesday said they arrested a 40-year-old man after he fought an injured a 42-year-old in Paphos on Tuesday evening.
According to police the two men were reported to ...
Up-and-coming filmmaker in her ‘natural habitat’
In a woman swinging between despair and exuberance, THEO PANAYIDES finds someone living the dream, willing to promote the need for a touch of narcissism
Alexandra Matheou doesn’t stand ...
Two arrested in Paphos after incident during police check
Police have arrested a 21-year-old man for allegedly obstructing an officer in the execution of his duty, assaulting a police officer and for illegally possessing a narcotic substance.
During the ...
Russia’s Putin says West is failing, the future is in Asia
President Vladimir Putin said on Wednesday that the West was failing because a futile and aggressive attempt to isolate Russia with sanctions was destroying the global economy just as Asia ...
Paphos police record 82 traffic violations on 24 hours
Paphos traffic police recorded 82 traffic violations during a coordinated operation in the last 24 hours.
According to Paphos CID chief and spokesman Michalis Nicolaou, traffic police carried out multiple traffic checks ...
Fire department responds to calls for help
Nicosia and Larnaca fire departments responded to multiple calls for help on Tuesday because of the intense weather phenomena.
Nicosia fire departments responded to ten calls concerning falling trees, overhead ...
Cyprus attracts foreign investment with tax breaks
Broadens the scope of the 20 and 50 per cent tax deductions on employment income
By Anna Cheimonidou and Theodora Alexandrou
Amendments to the Income Tax Law (ITL) were approved by the ...
My room is not a stage
As Kypria International Festival continues its series of performances, a co-production between Cyprus and Greece is set to take the stage in Nicosia and Limassol. My Room is Not a ...
Daily News Briefing
In today’s episode, we hear that the petrol station owners have threatened to report the Republic to the European Commission over its alleged inaction as the public buys petrol ...
Man 33, arrested in connection with arson attack
Police on Wednesday arrested a 33-year-old man in connection with multiple cases of arson.
According to police, at around 1.50am on Wednesday authorities were tipped about parked vehicles burning in ...
Russia requests ‘explanations’ from IAEA on Zaporizhzhia report
MOSCOW, Sept 7 (Reuters) – Russia has requested “additional explanations” from the International Atomic Energy Agency (IAEA) on parts of its report on the Zaporizhzhia nuclear power plant in Ukraine, Foreign Minister ...
Cyprus banks tighten lending criteria due to geopolitical uncertainty
The Central Bank of Cyprus (CBC) on Tuesday announced that it has recorded a tightening of lending criteria, combined with a decline in net demand for loans, during the second ...