International

President Recep Tayyip Erdogan has committed the Turkish government to economic reform, but his alliance with the right-wing nationalist MHP party — which is closely allied with the Turkish Mafia — appears ...

Executives in Hyundai Motor Co Group are divided over a potential tie-up with Apple Inc, with some raising concerns about becoming a contract manufacturer for the US tech giant, dimming ...

Royal Dutch Shell is liable for the damage caused by oil spills in Nigeria, an appeals court in the Hague said in a verdict announced on Friday. The environmental group ...

French Finance Minister Bruno Le Maire and his new US counterpart Janet Yellen agreed to seek an international agreement on new rules for taxing multinational businesses, the US Treasury and ...

The British pound retreated on Thursday from the multi-month highs it hit in the previous session, as investors tempered some of their optimism about COVID-19 vaccinations in the UK. Sterling ...

Lebanese Central Bank (Banque du Liban) Governor Riad Salameh has been charged with dereliction of duty and breach of trust, the state news agency reported on Thursday. Judge Ghada Aoun ...

Members of a discussion group on the social news and chat site Reddit (page ‘R/WallStreetBets’) have been able to drive up the stock price of Gamestop by 1,700 per cent. ...

An expanded number of models and a new look for the iPhone 12 lineup, Apple’s first 5G-enabled devices, tapped pent up demand for upgrades, especially in China. Shipments hit 90.1 million ...

Turkey President Recep Tayyip Erdogan announced on Thursday that he is banning Vokswagen from official government service. The German automaker is in the process of pulling out of Turkey, after ...

Wizz Air on Thursday announced the addition of three new destinations from/to Larnaca. There will be new routes to Oslo, Tel Aviv and Kharkov along with the allocation of ...

Cyprus Finance Minister Constantinos Petrides said on Thursday that the island’s economy should rebound with 4.5 per cent growth, while unemployment should decline. Speaking at InvestCyprus’s 5th Cyprus International ...

Early signs of disruption caused by Britain’s shift to its new, less open trading relationship with the European Union are emerging in economic data. A Confederation of British Industry ...

Japan’s Toyota Motor Corp overtook Germany’s Volkswagen in vehicle sales last year, regaining pole position as the world’s top selling automaker for the first time in five ...

Pimco, or the Pacific Investment Management Company, is an American investment management firm founded in 1971 in California. The firm focuses on bonds and today manages more than $1.92 trillion in assets. ...

“Cyprus is changing, and we are moving in the right direction, with increasing recognition of the role of technology in our economy. But there is still not sufficient support for ...

A US voting machine company filed a $1.3 billion lawsuit against former President Donald Trump’s lawyer Rudy Giuliani, accusing him of defamation in what it called his ‘big lie’ campaign ...

Russian Federation President Vladimir Putin told the international leadership at Davos that “Russia, Turkey and Iran have done a lot to stabilize the situation in Syria. And we’ve been ...

Teenage activist Greta Thunberg told the Davos Agenda forum on Friday that “current targets for climate change equal surrender.” Her message was: “My name is Greta Thunberg and I’m ...

Microsoft Corp on Tuesday reported its Azure cloud computing services grew 50 per cent, the second quarter of acceleration in a business that had begun to slow as the global pandemic ...

Cyprus is evolving, attracting new investment with business-friendly initiatives that have substantially increased the island’s appeal in today’s hi-tech world, and part of that is an ever-growing database ...

Chinese President Xi Jinping warned that a “new cold war” could turn hot, and must be avoided, in a speech on Monday at World Economic Forum’s virtual “Davos Agenda” ...

The pandemic and lockdown has businesses all over Cyprus finding ways to work via online communications. Never has the need for a secure and efficient computer network been greater. But, ...

By Christos Karaolis, president of the National Federation of Cypriots in the UK The Covid-19 pandemic has shaken the global economic system and forced a radical re-think of the strategies ...

Netflix, with $25 billion in revenue, and $2.7 billion in profit in 2020, is promising us all plenty to watch in 2021. Netflix’s business model calls for setting aside short-term profit in order ...