Finance ministry may tax RES producers who earned ‘windfall profits’
The finance ministry said on Thursday it may tax RES producers found to have earned windfall profits as a result of the high tariffs paid to them.
In a statement, ...
Excavator leaves proposed asphalt factory site (Updated)
An excavator sent to the Mitsero area to delineate a planned asphalt factory left early on Thursday morning, ending a three-day standoff at the site and clearing the way for ...
Furious China fires missiles near Taiwan in drills after Pelosi visit
China deployed scores of planes and fired live missiles near Taiwan on Thursday in its biggest drills in the Taiwan Strait, a day after U.S. House of Representatives Speaker ...
Elias Neocleous earns ‘Tier 1’ ranking in 2022 IFLR 1000
Elias Neocleous & Co LLC has once again received a ‘Tier 1’ ranking in the newly-released 2022 IFLR 1000 Financial and Corporate ratings for Cyprus, which may be viewed here.
The law firm ...
Mistrial denied as jury weighs damages against Alex Jones in Sandy Hook defamation trial
A Texas judge denied Alex Jones’s motion for a mistrial on Thursday as jury deliberations resumed in a defamation case over the US conspiracy theorist’s false claims about ...
Russia sentences Griner to 9 years in jail, Biden says it’s unacceptable (Update 1)
A Russian court sentenced U.S. basketball star Brittney Griner to nine years in prison on Thursday after finding her guilty of deliberately bringing cannabis-infused vape cartridges into Russia, a ...
An Elvis summer concert
This summer is all about the King of Rock and Roll, Elvis Presley. With the Hollywood 2022 film now thriving in cinemas worldwide, Cyprus included, Elvis fever is back! Keeping in ...
More traffic cams to be installed in next six months
As authorities prepare to move from the pilot to the first phase of the traffic camera system, attention is turning to their location.
Another 20 stationary cameras are to be installed ...
Senate bill would hand bitcoin, ether oversight to commodities regulator
A new bill introduced in the US Senate would make the Commodity Futures Trading Commission (CFTC) the direct regulator of the biggest cryptocurrencies.
The measure, introduced by the top Democrat ...
Amnesty accuses Ukraine of basing troops in residential areas, angering Kyiv
Human rights group Amnesty International accused Ukraine on Thursday of endangering civilians by basing troops in residential areas during Russia’s invasion in a report that Kyiv likened to Russian ...
The experience of rural Cypriot life
PAUL LAMBIS finds a mix of old-time charm and modernism in the Paphos village of Mandria
Despite the initial impression that one is driving into a predominantly rural area, surrounded ...
Public warned over crypto scam
Police on Thursday warned the public to beware of online fraud as they investigate a complaint by a 49-year-old man that he had been defrauded out of €44,500 he believed was ...
Global risk, compliance firm partners with bar association for AML training
K2 Integrity — a risk, compliance, investigations and monitoring firm, on Thursday announced its partnership with the Cyprus Bar Association (CBA) giving CBA members access to K2 Integrity’s Certified Risk ...
Prisons director called to police HQ to give statement
Prisons director Anna Aristotelous was called into the police headquarters on Thursday morning to submit statements in the recent case centered on charges of leaking classified information.
She told reporters ...
Semi-automated offside technology to be used in Champions League
– Semi-automated offside technology (SAOT) will be used in the Champions League this season after being introduced for next week’s UEFA Super Cup match between Real Madrid and Eintracht Frankfurt, ...
Wildfires in Europe burn second-biggest area on record
Wildfires raging through Europe this summer have burned the second-largest area on record, even though the region is only halfway through its typical fire season, according to data from the ...
BoE raises rates by most since 1995 even as long recession looms
The Bank of England raised interest rates by the most in 27 years on Thursday, despite warning that a long recession is on its way, as it rushed to smother a ...
Inflation in July rose 10.9% year-on-year, up 8.23% in first eight months
Inflation increased by 10.9 per cent year on year in July driven by hikes in electricity, which rose 61.7 per cent and fuel 44.1 per cent during the period, the statistical services announced ...
Taliban says was not aware al Qaeda leader in Kabul, warns US
The Taliban on Thursday said the government had no information about al Qaeda leader Ayman al-Zawahiri “entering and living” in capital city Kabul and warned the United States to never ...
EV maker Lucid halves 2022 production forecast as supply chain snarls hit
Lucid Group (LCID.O) on Wednesday halved its production forecast for electric vehicles, blaming extraordinary supply chain and logistics challenges, sending its shares down 10 per cent after the bell.
The ...
On Beirut blast anniversary, Christian patriarch condemns govt
Lebanon’s top Christian cleric on Thursday denounced his country’s government for failing to bring to justice those responsible for the Beirut port blast, marking the huge explosion’s ...
Hoteliers lobby minister for virtual net energy metering
The president of the Association of Cyprus Tourist Enterprises (Stek) Akis Vavlitis met Energy Minister Natasa Pilides on Thursday to discuss the possibility of applying virtual net energy metering and ...
OPAP Protaras 3×3 tournament to wow basketball fans
3on3 Cyprus LTD, in collaboration with the Cyprus Basketball Federation and OPAP Cyprus, are organising OPAP Protaras 3×3 2022, this coming weekend, August 6-7, at Protaras central square. The event is supported ...
Five and four years jail terms for cannabis possession
Two men aged 24 and 40 were jailed for five and four years respectively on Thursday after being found guilty on drug charges by Limassol criminal court.
The case follows a drug ...