Business

Deliveroo is considering ending services in Spain due to high costs associated with running operations in the country to focus on other markets and expand in new and existing cities, ...

Turkey’s tourism revenues stood at $3 billion in the second quarter of the year, data from the Turkish Statistical Institute showed on Friday. Tourism income of the country stood at $2.45 ...

Broadcasters will not be taking home any gold medals for how many people have watched the Tokyo Olympic Games so far. In several major markets around the world, the TV ...

The United Kingdom’s decision to maintain restrictions only for French travellers is a “discriminatory” move, French Minister of State for European Affairs Clement Beaune said on Thursday, calling on ...

The Ministry of Energy, Commerce and Industry has released a statement on companies in Cyprus and the energy efficiency regulations affecting them. The ministry specifies that companies that do not ...

“He has about a 50-50 chance of forming a government,” says one analyst of Najib Mikati who became Lebanon’s prime minister designate on Monday. Should he succeed, Mikati has ...

Coming under fire for Ben & Jerry’s decision to stop selling ice cream in Israeli-occupied territories, parent company Unilever sought to assuage concerns of several American Jewish groups, repudiating ...

Turkey’s central bank raised its year-end inflation forecast to 14.1 per cent on Thursday. In a report released by the Turkish central bank, the bank’s governor predicted inflation, which ...

Europe’s largest carmaker Volkswagen (VOWG_p.DE) raised its profit margin target on Thursday for the second time in less than three months, pointing to record earnings in the ...

The pound hit its highest in over a month against the dollar on Thursday, extending gains driven by a fall in coronavirus cases in Britain and as a dovish US ...

Second-quarter sales of AstraZeneca’s COVID-19 vaccine more than tripled to $894 million from the previous three months, but the drugmaker once again delayed its US application for approval. The vaccine ...

Canada’s e-commerce giant Shopify announced record second-quarter revenue on Wednesday, as consumers continue to spend big online. The company’s revenue rose 57 per cent to $1.12 billion for the quarter ...

EU privacy watchdog EDPB on Wednesday gave the Irish data protection agency a month to issue a long-delayed decision on compliance by Facebook’s (FB.O) WhatsApp after its peers ...

The Cypriot used car market has experienced a severe decline over the past 12 years, with 70 per cent fewer sales since that time, according to Andreas Shikkis, president of the Pancyprian ...

The Cyprus Chamber of Shipping doesn’t think that the EU’s package to decarbonise shipping will simply prove effective. The “Fit for 55” package is a set of proposals to ...

The new French law extending the use of the health pass (pass sanitaire) to a wider range of public places will enter into force on Aug. 9 to help the country ...

Limassol mayor Nicos Nicolaides spoke exclusively to the Cyprus Mail about the city’s businesses, how they have been affected by the pandemic and what the municipality is doing to ...

Barclays (BARC.L) will pay out more than a billion dollars in dividends and buybacks to shareholders after beating first-half profit forecasts as bad loan fears receded and investment banking ...

German insurance industry association GDV estimates that there will be up to 5.5 billion euros ($6.5 billion) in claims from storms that brought catastrophic flooding to parts of the country this month. ...

Britain’s financial regulator demanded the appointment of more women and non-white minorities to the leadership of Britain’s largest firms on Wednesday, saying at least 40 per cent of board ...

Boeing Co (BA.N) on Wednesday posted its first quarterly profit in almost two years, as deliveries of its best-selling 737 MAX jets to airlines gained traction amid a sharp rebound ...

Bitcoin broke above $40,000 on Wednesday and headed for another attempt at breaking from its months -long range as short sellers bailed out and traders drew confidence from recent positive comments ...

Households and business owners in Cyprus are less optimistic about the economy when compared with a month ago, a report by the University of Cyprus Economics Research Centre shows. The ...

Google parent Alphabet Inc’s (GOOGL.O) quarterly revenue and profit surged to record highs, the company reported on Tuesday, powered by a rise in advertising spending as more consumers ...