International

With Turkish inflation close to 20 per cent, with 27 per cent of the population unable to afford necessities, the central bank has warned that it is planning to reduce interest rates. ...

Transavia, which flies to/from Cyprus from Amsterdam, is planning to boost its flights to twice per week in the winter, and once per day in the summer. This is ...

888 will buy William Hill’s business outside the United States from casino group Caesars (CZR.O) for 2.2 billion pounds ($3 billion), making a foray on to Britain’s high streets with 1,400 ...

A total of 1.6 million people were on Britain’s COVID emergency furlough scheme as of July 31, down from almost 2 million a month earlier, the finance ministry said on Thursday. The ...

EasyJet (EZJ.L) has rejected a takeover approach from Wizz Air that would have created a low-cost airline to rival Ryanair, opting instead to raise $1.7 billion from shareholders and go ...

Adventurous Muscovites may soon be able to travel around parts of Moscow in driverless taxis as Russian tech giant Yandex (YNDX.O) plans to start testing the autonomous vehicles in ...

Commodities prices, already high across the globe, are likely to continue to rise, as we are in a “Supercycle,” according to a report by Platts at S&P. “What ...

Earlier this year, the European Commission put forward a proposal to create a framework for European Digital Identity to be used by all citizens across the European Union. Could it ...

Abu Dhabi Investment Authority (ADIA), the United Arab Emirates’ biggest sovereign wealth fund, sees technology and climate change as key investment areas for its post-COVID-19 strategy, it said in its 2020 ...

Facebook (FB.O) has made a case for not selling Giphy in a strongly worded letter to a British regulator and questioned the watchdog’s recent call to divest the ...

Britain is on course to lose its status as one of Germany’s top ten trading partners this year for the first time since 1950, as Brexit-related trade barriers drive firms ...

Major European banks have placed €20 billion, around 14 per cent of their overall profits and a figure which has remained unaltered since 2014, in countries listed as tax havens, a study by ...

The European Commission on Tuesday announced the adoption of its new Green Bond framework, taking a step towards issuing €250 billion (about $298 billion) in green bonds, equivalent to 30 per cent of ...

At CYENS, the Research Centre of Excellence in Cyprus (formerly RISE), a team is at work creating a digital twin of the city of Nicosia. “The digital twin offers the ...

Bonds issued by indebted developer China Evergrande Group (3333.HK) slumped on Monday after a ratings downgrade led to restrictions on their use as collateral, prompting China’s stock exchanges to ...

The head of Russia’s No. 2 oil producer Lukoil (LKOH.MM) said that oil prices of $65-$75 were “comfortable” for consumers and that the OPEC+ group of leading oil-producing nations ...

A truce between bitter regional rivals Turkey and the United Arab Emirates has calmed tensions that fuelled conflicts including Libya’s war, officials and diplomats say, after years of animosity ...

Britain needs to ease taxes on banks and make it easier to hire staff from abroad, its financial and professional services lobby said in a blueprint to help London unseat ...

El Salvador will on Tuesday become the first country in the world to recognize bitcoin as legal tender, a move President Nayib Bukele says will save Salvadorans living abroad millions ...

The rebound phase for companies emerging from the pandemic is over, says the Gartner Group. Most companies are now preparing to reach the ‘next normal’ — exiting phase three of the ...

Invest Cyprus sponsored The International Hospitality Investment Forum (IHIF), the leading annual conference for the global hotel industry which was hosted in Berlin from 1st – 3rd September. George Campanellas, CEO ...

Ryanair (RYA.I) has ended talks with Boeing (BA.N) on a major new order for Boeing 737 jets due to a disagreement over pricing, the Irish airline said on Monday. ...

The battle for Morrisons (MRW.L), Britain’s fourth-largest supermarket group, is the most high-profile looming takeover in the country amid a raft of bids and counter bids, reflecting private ...

Britain must relax its new immigration rules to allow in more foreign workers and ease labour shortages caused by the coronavirus pandemic and Brexit, a leading employers group, the Confederation ...