Cyprus Business Now
Cyprus Union Of Shipowners president Andreas Hadjiyiannis on Wednesday hailed the recent decision by the European Parliament to approve shipping’s inclusion in the EU emissions trading system.
The plan ...
State bank VTB, fintech firm execute Russia’s first digital asset deal
Russian lender VTB’s (VTBR.MM) VTB Factoring subsidiary and fintech company Lighthouse have executed the country’s first cash-backed digital financial asset transaction, the bank said on Wednesday.
In ...
Russian parliament approves tax break for issuers of digital assets
Russian lawmakers this week approved a draft law that would potentially exempt issuers of digital assets and cryptocurrencies from value-added tax.
Russia has long voiced scepticism of cryptocurrencies and other ...
Cyprus businesses warm to social media
Almost 80 percent of businesses in Cyprus used social media in 2021 to get their message across, a steep rise on 2015 when the figure was just under 60 per cent, data released by ...
Our View: Lack of trust no problem with little chance of new peace moves
The build-up to the next six-monthly UN report on the Secretary-General’s Good Offices Mission and a second on the justifications for extending the Unficyp mandate from the end of ...
Isner sends Murray crashing out of Wimbledon, Djoko storms into third round
Big-hitting American John Isner sent two times champion Andy Murray crashing out of Wimbledon 6-4 7-6(4) 6-7(3) 6-4 with booming serves and a barrage of aces in a second round ...
French court finds 20 guilty for 2015 Islamist attacks in Paris
A French court on Wednesday handed down guilty verdicts for all 20 men tried for the 2015 killing of 130 people in a coordinated gun-and-bomb rampage by Islamist gunmen in Paris.
Main suspect ...
R&B singer R. Kelly sentenced to 30 years in prison in sex case (Update)
R. Kelly was sentenced on Wednesday to 30 years in prison, following the multiplatinum R&B singer’s conviction for exploiting his stardom and wealth over decades to lure women ...
NATO invites Finland, Sweden to join, says Russia is a ‘direct threat’ (Update)
NATO invited Sweden and Finland on Wednesday to join the military alliance in one of the biggest shifts in European security in decades after Russia’s invasion of Ukraine pushed ...
EAC must answer for pollution near power plants, MPs say
Measures must be taken immediately to tackle the pollution caused by EAC substations in Dhekelia and Vasiliko, the House environment committee heard on Wednesday.
Deputy committee chair Nicos Kettiros said ...
Former champion Muguruza dumped out of Wimbledon by Minnen, Raducanu overpowered by Garcia
Belgium’s Greet Minnen registered her first career win over a top-10 opponent to beat former Wimbledon champion Garbine Muguruza of Spain 6-4 6-0 in a rain-hit first-round match on ...
NATO agrees military aid for ‘heroic’ Ukraine, Russia steps up attacks in south
NATO on Wednesday branded Russia the biggest “direct threat” to Western security after its invasion of Ukraine and agreed plans to modernise Kyiv’s beleaguered armed forces, saying it stood ...
Commando injured during training exercise dies
The 27-year-old soldier who was critically injured during training exercise earlier this week has died, the defence ministry said on Wednesday.
He has been named as Panayiotis Yiannios.
The ministry ...
Minister presents changes to high school assessments
The House education committee on Wednesday discussed a bill drafted by the education ministry that would change legislation concerning the way students are assessed at state secondary schools.
Education Minister ...
Ukraine wins release of 144 soldiers in biggest prisoner swap of war
Ukraine on Wednesday carried out its biggest exchange of prisoners of war since Russia invaded, securing the release of 144 of its soldiers, including 95 who defended Mariupol’s steelworkers, Ukraine’s ...
Biden administration throws support behind potential F-16 sale to Turkey
The Biden administration threw its support on Wednesday behind the potential sale of U.S. F-16 fighter jets to Turkey, a day after Ankara lifted a veto of NATO membership ...
National Guard to get equipment from Israel after agreement signed
The Cyprus National Guard is set to be supplied with personal protective equipment from Israel, under an agreement signed in Nicosia on Wednesday.
The same PPE is used by the ...
Russia tells U.N. chief it’s ready to help avert food crisis
Russia said on Wednesday it was ready to work with the United Nations to combat the risks of a global food crisis, and was willing to meet its obligations to ...
A night at the movies with Buffer Fringe and Queer Wave
In preparation for its 9th edition in October 2022, Buffer Fringe Performing Arts Festival is exploring possible artistic reactions to its Pockets (beyond) theme, aiming to initiate a discussion on who ...
‘Time for rule of law to come first’
It is time to prove that public interest and the rule of law come first for the government, House legal affairs committee chair Nicos Tornaritis said on Wednesday as the ...
Nine per cent of school age teens use cannabis
Some nine per cent of young people aged 14 to 18 use cannabis, and one in five of these do so daily, the House legal affairs committee heard on Wednesday.
The figures ...
DBRS slashes Cyprus’ growth rate amid deteriorating outlook due to war in Ukraine
Rating Agency DBRS Morningstar on Wednesday slashed Cyprus’ baseline growth rate by 0.7 per cent for 2022, citing a deteriorating outlook following Russia’s invasion of Ukraine.
In its updated sovereign baseline ...
Nostalgia Parties dance to favourite movie soundtracks
When good films and good music come together it is a thrilling combination. Sometimes, it is a film’s music that makes it what it is and so it comes ...
Crypto crash threatens North Korea’s stolen funds as it ramps up weapons tests
The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the ...