Investigations after fire destroyed fifth-floor apartment
Fire services on Wednesday were investigating the causes of a fire that completely destroyed a fifth-floor apartment in Larnaca.
The fire broke out a few minutes before 10pm on Tuesday ...
Tough new AML regulations in force
Establishment of the register of Ultimate Beneficial Owners for Cyprus companies and other legal entities
By Eleni Louka
On 20 May 2015, the European Council issued the Directive (EU) 2015/849 (the fourth AML ...
Sony aims to sell 18 million PS5 consoles this year amid China lockdown risk
Sony Group Corp (6758.T) on Tuesday said it planned to sell 18 million PlayStation 5 consoles this business year as robust game sales helped it more than double fourth-quarter operating profit.
The ...
Half of Shanghai achieves ‘zero COVID’; city presses on with ‘unsustainable’ fight
Shanghai officials said on Wednesday half the city had achieved “zero COVID” status, but uncompromising restrictions had to remain in place under a national policy which the head of the ...
Russia’s invasion of Ukraine at ‘bit of a stalemate’ -U.S. intel official
Russia’s war in Ukraine is at a “bit of a stalemate” and Russian President Vladimir Putin appears to be preparing for a long conflict, top U.S. intelligence officials ...
Cypriot banks kept on positive outlook by Fitch Ratings
Fitch Ratings on Tuesday said that the ratings of the Bank of Cyprus and Hellenic Bank have been kept on Positive Outlook in spite of the escalating global economic dangers ...
Cyprus Business Now
Cyprus’ trade deficit in February amounted to €429 million, according to the finalised trade published by the Cyprus Statistical Service (Cystat) on Tuesday.
In addition, the trade deficit in March 2022 reached €729 ...
Cabinet approves new tax scheme for foreign workers and companies
The Cabinet of Ministers on Tuesday approved a new tax incentives scheme aimed at attracting foreign companies and high-quality workers to Cyprus.
The scheme also seeks to repatriate Cypriot professionals ...
Cases of domestic violence rose in 2021
Last year saw an increase in the number of domestic violence incidents reported to the authorities compared to 2020, president of the Association for the Prevention and Handling of Violence in ...
Our View: Fuss over Jubilee concert should not be taken seriously
The command of the British Bases may have thought a charity concert at the Curium amphitheatre to mark the Platinum Jubilee of Queen Elizabeth II was a good idea especially ...
Test, test, test? Scientists question costly mass Covid checks
By Nikolaj Skydsgaard and Jennifer Rigby
For many people worldwide, having cotton swabs thrust up their nose or down their throat to test for Covid-19 has become a routine and ...
Fire service fighting blaze in Larnaca apartment building
Five fire trucks were on Tuesday night at the scene of a blaze which appears to be centred on the fifth floor of an apartment building on Makarios Avenue in ...
‘All seeing’ monitoring system of Green Line set to be operational by September
The “all-seeing” 24-hour monitoring system along the Green Line is to be operational by the end of September and will limit illegal smuggling, Defence Minister Charlambos Petrides said on Tuesday.
...
Croatian president in ‘historic’ visit to the island
President Nicos Anastasiades hailed his Croatian counterpart’s “historic” visit to Cyprus – the first ever by a Croatian prime minister – on Tuesday night as the two nations also close in ...
Top European LGBTI+ meet to be held in Limassol
Idahot+, the main annual European event where governments and key stakeholders meet to assess the progress of LGBTI+ rights and set new goals will take place this week in Limassol.
...
Musk says he would reverse Twitter ban on Donald Trump
Tesla Inc TSLA.O Chief Executive Elon Musk said Tuesday he would reverse Twitter’s ban on former U.S. President Donald Trump, while speaking at the Financial Times Future ...
Greens say they were right doubting those on anti-corruption authority
The Green Party on Tuesday said its worst fears about the anti-corruption authority had come true, piggybacking on media reports that one of the authority’s members has a questionable ...
WHO chief says China’s zero-Covid policy not ‘sustainable’
The head of the World Health Organization said on Tuesday China’s zero-tolerance COVID-19 policy is not sustainable given what is now known of the virus, in rare public comments ...
Over 1,500 failed asylum seekers deported so far this year
The situation at the Pournara reception centre for asylum seekers is extremely volatile, both for those staying at the facility and for the neighbouring communities, MPs heard on Tuesday.
The ...
Major US retailers limit infant formula purchases on shortage
U.S. retailers including Target Corp TGT.N, CVS Health Corp CVS.N and Walgreens Boots Alliance WBA.O said on Tuesday they have limited purchases of infant formula due ...
Zelenskiy tells Malta to clamp down on Russian dual-nationals
Ukrainian President Volodymyr Zelenskiy urged Malta on Tuesday to stop Russians from abusing passports handed out as part of a lucrative citizenship scheme, and to prevent its ships from transporting ...
Tuning up for Cyprus International Accordion Festival
Kicking off the summer festival season is the fourth edition of the Cyprus International Accordion Festival, taking place on June 3-5 in Larnaca’s Ayios Theodoros. Concerts, seminars, an accordion ...
Over 2,000 ferry tickets already booked
Over 2,000 tickets have already been booked for the Cyprus-Greece ferry link while August is set to the busiest month, according to travel agent Akis Kelepeshis.
“By Monday evening, there have ...
UK’s ‘WAGatha Christie’ football wives libel trial kicks off
A libel trial pitting the wives of two former England football strikers Wayne Rooney and Jamie Vardy kicked off on Tuesday, a battle mixing glamour, amateur sleuthing and a sting ...