Police seize 16 kilograms of cannabis at Paphos airport, two arrested
Police have seized a total of 16 kilograms of cannabis which was found in the luggage of two men arriving at Paphos airport on Sunday.
The men, aged 55 and 38, have been ...
Police arrest one, searching for two more after ‘attempted kidnapping’ in Ayia Napa
Police have arrested a 29-year-old man in connection with an attempted kidnapping which took place in Ayia Napa on Sunday.
The man is not accused of taking part in the ...
CBC Governor takes part in Economist New York Summit
The Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou, is in New York where he will participate in The Economist New York – Eastern Mediterranean Business Summit, which takes ...
Countries repatriating gold in wake of sanctions against Russia
An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia, according to an Invesco survey of central bank ...
Foreclosures debate renewed in parliament
The issue of foreclosures is to be raised again on Monday in the parliamentary finance committee, as well as before the legal committee, in the presence of the Minister of ...
Saudi National Bank was denied taking 40 per cent Credit Suisse stake, Blick reports
Saudi National Bank wanted to increase its stake in Credit Suisse to around 40 per cent from 9.88 per cent, but was prevented from doing so by Swiss regulator FINMA, Blick newspaper ...
Oil eases ahead of China, US data, but OPEC+ cuts limits slide
Oil prices dipped in Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top consumers the United States and China this week, though expected crude ...
Power to set aside arbitral award
An arbitral award procured in violation of the principles of natural justice is subject to annulment
Arbitrators are subject to review by the court, and where an arbitrator has committed ...
Dark horse Berrettini prepared for ‘great fight’ with Alcaraz
If previous meetings between Carlos Alcaraz and Matteo Berrettini are anything to go by, Centre Court at Wimbledon will be treated to a pulsating, marathon encounter when the pair clash ...
July welcomes one more summer festival
One more summer festival makes its comeback this July bringing art, culture and visual documentation to the heart of the capital. The 6th Cyprus International Archaeological, Ethnographic and Historical Documentary ...
Fuel from the north permitted ‘occasionally’ for personal use, president stresses (Update)
It is permissible to fuel up from the north only “occasionally” for personal use, President Nikos Christodoulides stressed on Monday night, urging the public to seek out earlier statements by ...
Daily News Briefing
In this episode, foreclosures and non-performing loans are set to feature heavily on Monday, as deputies and the government alike have a flurry of meetings planned over the crucial topics.
...
Limassol protest over Thanasis’ death ruling
Over a thousand people gathered in Limassol to demonstrate their support to the family of Thanasis Nicolaou, a national guardsman that died in 2005 under suspicious circumstances.
“We condemn all those ...
Limassol woman defrauded out of over 250 thousand euros
Police on Monday were investigating a case of fraud and money extortion of over 250 thousand euros.
The victim, a 78-year-old Limassol resident, at the end of June received a bank ...
Dutch PM Rutte faces no confidence vote after collapse of government
Dutch Prime Minister Mark Rutte faces a no confidence vote in parliament on Monday which could end his run as the longest serving government leader in Dutch history, three days ...
New Diko GS, VPs announced following elections
George Solomou was elected new General Secretary of centre party Diko following in-house elections on Sunday.
Solomou won with of 48.1 per cent of the votes (3,359 votes), the party announced.
Chrysanthos ...
Samsung Elec flags 96 per cent drop in Q2 profit as chip glut drags on
Samsung Electronics Co Ltd (005930.KS) reported a likely 96 per cent plunge in second-quarter operating profit on Friday, largely in line with forecasts, as an ongoing chip glut drives large losses ...
Ukrainian forces advance in south, hold ‘initiative,’ says Zelenskiy
Ukrainian troops pressed on with their campaign to recapture Russian-held areas in the southeast on Sunday as President Volodymyr Zelenskiy said in broadcast comments that his country’s forces had “...
Biden to meet with King Charles, PM Sunak ahead of NATO meeting
U.S. President Joe Biden will look to deepen his relationships with King Charles and Prime Minster Rishi Sunak during separate meetings on Monday in which Ukraine and climate change ...
Six killed in kindergarten attack in China; suspect detained
A 25-year-old man was suspected of attacking a kindergarten in China’s Guangdong province on Monday, killing six people and injuring one, triggering an outpouring of concern about violence against ...
Swiatek survives scare to set up Svitolina clash
Women’s top seed Iga Swiatek survived a huge scare before reaching the Wimbledon quarter-finals for the first time and was joined by Ukraine’s Elina Svitolina who also came ...
Broadcom to invest in a $1 billion EU-funded chip programme in Spain
US chipmaker Broadcom (AVGO.O) will invest in a European Union-funded programme to develop a semiconductor industry in Spain, Chief Executive Charlie Kawwas said late on Thursday.
“Excited to announce ...
Foreign minister to meet Guterres in New York
Foreign Minister, Constantinos Kombos, is in New York where he will be meeting with UN Secretary General, Antonio Guterres.
On Monday the minister will participate in the Economist’s annual ...
From economic policy to economic statecraft
By Maria Demertzis
The increasing interest in geoeconomics reflects a shift from designing economic policy based only on economic principles and objectives, to economic statecraft policies that aim to promote ...