International

By Andreas Charalambous and Omiros Pissarides Following the prolonged period of subdued inflation, discussions are currently focusing on the evolution of prices, given their serious effects on citizens’ everyday lives ...

By George M. Georgiou According to Eurostat’s data browser, Cyprus’ real per capita GDP in 2020 was €23.050, which is about 87 per cent of the EU-27 average. One could be forgiven ...

The Nord Stream 2 pipeline is completed and ready to pump Russian gas to Europe, but nothing is flowing yet because it is still awaiting clearance from Germany’s energy regulator. ...

Aspiring unicorn ventures, meaning startup companies reaching a valuation of $1 billion, took centre stage on the second day of the Reflect Festival in Limassol. The startup event was a Cyprus ...

Company insolvencies in England and Wales rose last month and returned to levels seen just before the COVID-19 pandemic, official data showed on Friday. The government’s Insolvency Service said 1,446 ...

A Banksy picture which was half sliced by a shredder concealed in its frame when it was sold at auction fetched 18.6 million pounds ($25.4 million) when it went back under the ...

A bipartisan group of lawmakers, headed by Senators Amy Klobuchar, a Democrat, and Republican Chuck Grassley, plan to introduce a bill that would bar Big Tech platforms, like Amazon (AMZN....

Boeing Co (BA.N) and US regulators said Thursday that some titanium 787 Dreamliner parts were improperly manufactured over the past three years, the latest in a series of problems to ...

The United Arab Emirates and South Korea on Thursday agreed to start talks on a bilateral trade deal they hope will expand economic opportunities, including cooperation on technology and climate ...

From beef bowls in Tokyo to fried chicken in London, consumers are beginning to feel the pinch from the surge in costs washing over the global economy. The rebound in ...

Britain’s 20-year binge on cheap food is coming to an end and food price inflation could hit double digits due to a tidal wave of soaring costs that are ...

Turkey’s President Tayyip Erdogan dismissed three central bank monetary policy committee (MPC) members on Thursday, appointing two new members in their place, the country’s Official Gazette said, sending ...

Jamie Dimon, JPMorgan Chase & Co (JPM.N) chief executive, said on Monday at a conference that cryptocurrencies will be regulated by governments and that he personally thinks bitcoin is “...

Honda Aircraft Co on Tuesday rolled out plans for a new light business jet that can fly non-stop across the United States, as the company looks to tap into skyrocketing ...

Britain said on Wednesday that people should buy normally for Christmas and there would be no shortage of gifts after shipping containers carrying toys and electrical goods were diverted from ...

Britain and Italy have agreed to pursue a new trade partnership, the British trade department said on Wednesday following talks on the sidelines of a G20 ministerial meeting in Italy. ...

Persistent supply chain disruptions and pricing pressures are constraining the global economy’s recovery from the COVID-19 pandemic, the International Monetary Fund said on Tuesday as it cut growth outlooks ...

Authorities from Beijing to Delhi scrambled to fill a yawning power supply gap on Tuesday, triggering global stock and bond market wobbles on worries that rising energy costs will stoke ...

British grocery prices increased 1.7 per cent in the four weeks to Oct. 3 year-on-year, market researcher Kantar said on Tuesday, adding to pressure on households already facing soaring energy bills. With ...

British employers increased their payrolls to a record high in September, shortly before the end of the government’s wage subsidies scheme, potentially encouraging the Bank of England’s progress ...

The International Monetary Fund revised upwards the growth rate of the Cypriot economy, compared to its forecasts for last April. According to the World Economic Outlook (WEO) published on Tuesday, ...

Under pressure to act as inflation jumps towards double its 2 per cent target, the Bank of England appears to be gearing up to be the first of the world’s ...

ASOS (ASOS.L), the British online fashion retailer, warned on Monday that logistics costs and supply chain disruptions could reduce 2022 profit by more than 40 per cent and said CEO Nick ...

Oil prices rose 2 per cent on Monday, extending multiweek gains as an energy crisis gripping major economies shows no sign of easing amid a pick up in economic activity and ...