International

British retail sales fell unexpectedly last month as a lifting of lockdown restrictions encouraged spending in restaurants rather than shops, according to official data. Retail sales fell 1.4 per cent between ...

Turkey has sharply accelerated COVID-19 vaccinations this week, delivering more than 1 million a day since Monday, raising hopes of a strong economic performance in the second half of the year. ...

Britain’s recovery from the COVID-19 pandemic sped up in April as lockdown measures eased, with the fastest monthly growth since July leaving output a record 27.6 per cent higher than ...

Cyprus ranked in 33rd place in the 2021 Institute for Management Development World Competitiveness Ranking Cyprus dropped three places in the ranking from the previous year, according to the survey which ...

Britain has reported another steep rise in the weekly reported cases of the Delta coronavirus variant, Public Health England data showed on Friday, after Prime Minister Boris Johnson decided to ...

The drinks industry welcomed a trade truce between Britain and the United States on Thursday that saw tariffs removed on Scotch whisky and most other spirits, although they called for ...

British supermarket chain Sainsbury’s (SBRY.L)forecast a big rebound in underlying profit this year after a 39 per cent fall in 2020-21 as strong food sales during the pandemic ...

Ferrari and Amazon Web Services (AWS) have entered an agreement to make Amazon’s cloud computing unit the luxury carmaker’s cloud storage, machine learning, and artificial intelligence provider, AWS ...

Copyright trolls can turn to EU rules to demand compensation for infringed works on peer-to-peer networks but only if their requests are proportionate, Europe’s top court said on Thursday. ...

Italian Prime Minister Mario Draghi on Thursday signed a decree to create “green pass,” a digital proof that the holder is not infected by the coronavirus. The system, which became ...

Running is viewed as an isolated form of exercise. Limassol-based Fun Run Cyprus is here to change that perception by cultivating a community of like-minded people who help support each ...

By Ioannis Tirkides Optimism is rising high in the global economy for the recovery in 2021-22, and growth forecasts are being revised higher. The European Commission now expects real GDP ...

Faced with the choice of leaving their savings stuck in the bank or investing them at a huge loss, some Lebanese people are opting to take a punt. For them, ...

Russian lawmakers passed legislation on Thursday that would oblige US tech giants to open offices in Russia by January 2022 or face punitive measures, part of a push by Russia to ...

Many Italian scientists agreed that it was almost certain that the virus was in circulation within Italy’s borders before it was formally identified in January 2020, but remain split over ...

Federal Reserve officials signaled on Wednesday that they expected to raise interest rates from near-zero levels sooner than they had previously forecast. The euro and the pound both fell sharply ...

German supermarket chain Lidl captured a new record market share of 6.2 per cent across Europe during the previous year as the entire sector bucked wider retail trends for a strong ...

No major bank in the eurozone meets all of the European Central Bank’s expectations in assessing climate-related risk and they should expect increased pressure from their supervisor to adjust, ...

Airlines renewed their calls on Britain to restart international travel, pleading with the government to allow people vaccinated against COVID-19 to travel freely with the peak summer season just weeks ...

British inflation unexpectedly jumped above the Bank of England’s target in May when it hit 2.1 per cent, part of a post-lockdown climb in prices that is expected gather pace. ...

Cyta saw its highest after-tax profit in nine years of €70.8 million for the full year of 2020, and announced a positive outlook for its results in 2021, at a press conference on ...

The United States and the European Union have agreed a truce in their near 17-year conflict over aircraft subsidies, suspending for five years one set of Trump-era tariffs which had ...

When Ethiopia awarded its first private telecom licence last week, Prime Minister Abiy Ahmed hailed it as the crowning achievement of his plan to open up Ethiopia’s tightly controlled ...

A digital euro could suck away 8 per cent of euro zone banks’ customer deposits, analysts at Morgan Stanley have estimated, although the share may be far higher in some of ...