International

There is no reason why a bad bank would not work in Cyprus, as it has in many other countries. It all depends, experts say, on how it is managed. ...

Jet2 will not fly until well after the Easter holidays, the company said in a statement on Tuesday. “Due to the ongoing uncertainty and travel restrictions caused by the Covid-19 ...

Electric aircraft startup Archer will go public through a merger with a blank-check company backed in a deal valued at around $3.8 billion and backed by an order and investment from ...

Coca-Cola Co on Wednesday forecast a return to organic revenue growth this year after a torrid 2020, betting vaccine rollouts across the world will encourage consumers to return to cinemas and ...

Twitter Inc on Tuesday beat analyst expectations for quarterly sales and profit and followed its social media peers to forecast a strong start to 2021 as ad spending rebounds 31 per cent ...

Huawei Technologies Co has filed a legal challenge to the Federal Communications Commission’s designation of the Chinese company as a US national security threat to communications networks. The FCC ...

Rates for container shipping have skyrocketed up to nine times regular levels, as global container blockages keep goods stuck in ports. There are reports of fruit rotting in containers waiting ...

Inflows of Foreign Direct Investment (FDI) in Cyprus during the first three quarters of 2020 were down a staggering 96 per cent compared with the same period in 2019, according to statistics from ...

Facebook is facing a second London High Court class action over allegations it failed to protect the personal details of about one million people in England and Wales, in the ...

Apple Inc’s iPhone 12 mini U.S. sales were just 5 per cent of overall sales of its new phones during the first half of January, industry data provider Counterpoint said ...

Bitcoin extended gains on Tuesday to a record high as the afterglow of Tesla Inc’s $1.5 billion investment in the cryptocurrency had investors reckoning it would become a mainstream asset ...

Europe’s antitrust chief, Margrethe Vestager, has warned Apple Inc to give equal treatment to all apps on its platform amid the iPhone maker’s privacy changes that have drawn ...

Tesla Inc expects to allow customers to pay for its electric vehicles with bitcoin soon, the automaker said on Monday, a move that could expand how the most popular cryptocurrency ...

The Cyprus economy slowed in January, as the restrictions shut down many forms of economic activity. But a substantial rebound is expected after the vaccination programme is implemented, and economic ...

Cyprus’s Aphrodite gas field, located in located in Block 12 of Cyprus’s exclusive economic zone, and with reserves of 129 billion cubic metres, is expected to begin production in 2025. But ...

South Korea’s Hyundai Motor Co said on Monday it is not now in talks with Apple Inc on autonomous electric cars, just a month after it confirmed early-stage talks ...

Elon Musk launched a pair of potential gamechanging shifts for bitcoin on Monday, promising Tesla Inc would take payment for its electric vehicles in the currency soon and revealing it ...

Small Estonian firm Fermi Energia said on Monday it was raising capital to start the official planning process for a new generation small modular reactor (SMR) which would be one ...

Libya’s parallel eastern administration welcomed Friday’s announcement of a new interim government to unite the country, but added it would only cede power if the eastern-based parliament approved. ...

Vietnam’s first domestic car manufacturer, Vinfast, said on Sunday it had obtained a permit to test autonomous vehicles on public streets in California. Two models of VF32 and VF33 ...

Oil prices rose on Monday to their highest in just over a year, with Brent futures nudging past $60 a barrel, boosted by supply cuts among key producers and hopes for ...

Lazard Ltd, one of the world’s largest investment bank, reported a 147 per cent surge in fourth-quarter profit on Friday, powered by growth in its financial advisory business as corporate ...

“Take intelligent risks, rather than follow the crowd,” advised Edward C. Johnson II who founded Fidelity in 1946. Today, Fidelity is one of the world’s largest asset managers with $3.3 trillion ...

A five-week lag on the vaccination front. If left uncorrected, that would cost close to €90 billion euros in output this year, equivalent to two percentage points of lost quarterly GDP ...