International

Ryanair has announced a new base opening in Newcastle for Summer ’22, with a new roundtrip route added to Paphos. Ryanair said that there is “massive demand,” in a statement on ...

Business in Limassol is better this year by Kyriacos Nicolaou and Andrew Rosenbaum Business in Limassol is “not as gloomy” this year as it was in 2020, according to a survey ...

Germany’s Delivery Hero (DHER.DE) has taken a 5.09 per cent stake in online food delivery rival Deliveroo (ROO.L), driving the British company’s share price to its highest ...

Siemens Gamesa and GRI Renewables Industries will invest more than 260 million pounds ($360.70 million) into offshore wind manufacturing facilities in northeast England, the British government said on Monday. Siemens Gamesa will ...

Oil prices fell by 4 per cent on Monday, extending last week’s steep losses on the back of a rising US dollar and concerns that new coronavirus-related restrictions in Asia, ...

Turkish e-commerce firm Trendyol, backed by Chinese internet giant Alibaba, said on Monday it had entered into agreements to raise $1.5 billion from a number of high-profile investors, valuing the company ...

Broad inflation risks are beginning to cast a shadow over the European economy, though analysts say the trend is still not serious enough to spark changes in monetary policy. Eurostat, ...

Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) on Saturday said many of its businesses are enjoying strong recoveries from the early depths of the coronavirus pandemic, fueling rebounds in ...

The pound extended recent gains to hit its strongest level since February 2020 against the euro on Friday, but it fell versus the dollar after better-than-expected U.S. payrolls data boosted ...

There are early signs that people who have been vaccinated against Covid-19 may be able to transmit the Delta variant of the virus as easily as those who have not, ...

Global gas prices are expected to break records this winter as a hot northern hemisphere summer leaves inventories low in key markets, just as green energy drives ramp up in ...

The most devastating frost in decades in top coffee producer Brazil and record freight costs sparked by Covid-19 causing massive shipping logjams are expected to push retail prices to multi-year ...

Europe’s banks are stashing cash to pay bumper bonuses to top performers, amid a deal frenzy driven by pent up demand from the COVID-19 pandemic and rebounding bank profits. ...

The economic consequences of a sustained pandemic would be catastrophic. Ioannis Tirkides, chief economist at Bank of Cyprus* The emergence of a new variant, the Delta, and people’s hesitancy ...

The author of a report alleging institutional racism inside HSBC (HSBA.L) has resigned, citing frustration at its response to some of his criticism and a lack of support from ...

ASBIS, an information and communications technology distribution company based in Limassol, has announced that it has made a property acquisition to the tune of €6.2 million. The recently acquired 5,735 square metre ...

German industrial output unexpectedly fell again in June, data showed on Friday, suggesting recovery is slowing in Europe’s biggest economy, held back by supply bottlenecks for intermediate goods. The ...

While the concept of decentralisation has been around for more than a decade, an explosion of interest in decentralised finance has been observed over the past few months. By Alexandros ...

Air traffic in European airspace exceeded Eurocontrol’s “optimistic” scenario in July, as flight numbers reached 65 per cent of 2019 levels. The European air traffic manager had made a baseline forecast ...

British supermarket group Morrisons has agreed to an improved takeover offer worth 6.7 billion pounds ($9.3 billion) in cash from a consortium led by Softbank-owned (9984.T) Fortress Investment Group, it said on ...

The US Department of Justice (DOJ) has repatriated $452 million in misappropriated funds from 1Malaysia Development Bhd (1MDB), it said in a statement on Thursday, bringing the total amount recovered from ...

Energy prices for millions of Britons are expected to rocket from October after the energy regulator said it would increase its cap on the most widely used tariffs by about 12...

After the floods, Ahr valley winemakers are selling muddy bottles of wine labelled “authentic mud,” — bottles taken from the cellars that were filled with flood waters. Proceeds go to aid ...

Spaceship company Virgin Galactic (SPCE.N) said it will open ticket sales on Thursday for space flights starting at $450,000 a seat, weeks after billionaire founder Richard Branson’s high-profile trip ...