Today’s weather: More snow in Troodos
Yet more snow is expected to fall in the Troodos mountains on Friday, with temperatures set to rise no higher than five degrees Celsius in the region.
Elsewhere, clouds, rain, ...
Cyprus Business Now
Cyprus-based ship management company Intership Navigation, founded 35 years ago by German ship owner Alfred Hartmann, recently announced its separation from the Hartmann Group through a management buyout by its long-term ...
Google signs its largest offshore power agreement with Dutch wind projects
Technology giant Google (GOOGL.O) has signed its largest ever power purchase agreement (PPA) with offshore wind projects off the coast of the Netherlands as part of efforts to green ...
Deutsche Bank to cut 3,500 jobs and reward shareholders
Deutsche Bank (DBKGn.DE) said on Thursday it would cut 3,500 jobs, buy back shares and pay dividends, in its latest pitch to investors that its turnaround remains on track.
The ...
German manufacturing downturn eases in January
The downturn in Germany’s manufacturing sector, which accounts for about a fifth of the country’s economy, eased in January, a survey showed on Thursday.
The HCOB final Purchasing ...
Several EU nations support Cyprus’ safe zone plan for Syria
Interior Minister Constantinos Ioannou said on Thursday that several EU countries had responded positively to his initiative aimed at designating parts of Syria as safe.
During a session at the ...
Our View: Football clubs should foot the policing bill
The draft law prepared by the government, to deal with crowd violence, and sent to the legislature marked ‘urgent’ is unlikely to progress. Parties at the House legal affairs committee ...
US said to back strikes on Iran targets in Iraq, Syria as Gaza truce hopes rise
The planned targets for U.S. strikes in Iraq and Syria in response to the killing of three U.S. soldiers by a drone in Jordan include “Iranian personnel and ...
Biden imposes sanctions on Israeli settlers accused of West Bank violence
The Biden administration on Thursday imposed sanctions on four Israeli men it accused of being involved in settler violence in the West Bank, signaling growing U.S. displeasure with the ...
Algeria pushes UN Security Council to demand Gaza ceasefire
Algeria has drafted a U.N. Security Council resolution to demand an immediate humanitarian ceasefire between Israel and Hamas, a move that the United States – a council veto power – opposes ...
Ukrainian army chief sets out priorities in article amid uncertainty over his future
Army chief Valeriy Zaluzhnyi laid out a set of priorities for Ukraine and named challenges blighting the country’s war effort in an opinion piece published on Thursday after several ...
Panama launches probe into missing Catholic cardinal, last seen 2 days ago
Prosecutors in Panama have launched an investigation into the whereabouts of Roman Catholic Cardinal Jose Luis Lacunza, according to a post on X, who has not been seen in two ...
Treasury resumes pensions for serving state officials
The Treasury said Thursday it will resume paying the pensions of currently serving state officials, following legal advice it received from the attorney-general’s office.
In a statement, Accountant-General Andreas ...
Blame game in full swing over LNG terminal dispute
The Chinese-led consortium with the contract to build a liquefied natural gas (LNG) terminal at Vasiliko is claiming €200 million from Cyprus in arbitration proceedings, MPs heard on Thursday, as the ...
Hamilton in shock switch to Ferrari in 2025
Seven-times world champion Lewis Hamilton, Formula One’s most successful driver of all time,will race for Ferrari from 2025 after activating a release option in the Mercedes contract he signed ...
Anastasiades calls on Disy to put ‘personal grudges aside’
Former President Nicos Anastasiades raised eyebrows on Thursday after he issued a statement amid a political firestorm in his own Disy party, calling on members to leave aside “personal grudges” ...
New month, new music
As February arrives, a new wave of musical events is added to Cyprus’ cultural calendar. From intimate and cosy acoustic sets to electrifying late-night boogies, the upcoming weeks have plenty ...
European Union donates €2.6m to CMP
The European Union donated €2.6 million to the Committee on Missing Persons, it was announced on Thursday.
Following their receipt of the donation, the CMP said they wish “to express deep ...
Attorney-general appeals court ruling on Laiki Bank depositors’ compensation
The attorney-general’s office said Thursday it has appealed a ruling by Limassol district court that found in favour of depositors with now-defunct Laiki (Popular) Bank whose uninsured savings got ...
Nicosia chosen for European Commission’s intelligent cities challenge
Nicosia has been selected as one of the cities for the Intelligent Cities Challenge (ICC) initiative by the European Commission, it was announced during an information day event held at ...
Financial rules keep teams quiet in January window
Newcastle United have been quiet in the January transfer window despite their desire to sign a midfielder, but having to sell to buy amid tighter financial regulations and trepidation over ...
SFC flags Floki staking as investors flee to $GFOX
In an interesting turn of events, the Hong Kong Securities and Futures Commission (SFC) has cautioned the public about the Floki Staking Program and the TokenFi Staking Program, terming them ...
Farmers’ anger spreads in Europe, governments promise help
Farmers threw eggs and stones at the European Parliament in Brussels on Thursday, started fires near the building and set off fireworks as they demanded EU leaders do more to ...
Interest rate cuts likely to take place in 2024, CBC governor says
Finance Minister Makis Keravnos and Cyprus Central Bank (CBC) governor Constantinos Herodotou held a meeting on Thursday, discussing a potential decrease in interest rates by the European Central Bank (ECB) ...