International

Hong Kong’s exposure to debt-laden developer China Evergrande Group (3333.HK) is “very minimal” at 0.05 per cent, or HK$14 billion ($1.79 billion), of banking assets, South China Morning Post reported on ...

Positive clinical trial results for Merck & Co’s (MRK.N) experimental antiviral COVID-19 pill reverberated through the healthcare sector on Friday, sending the drugmaker’s stock price soaring while ...

Eurozone inflation hit a 13-year high last month and looks likely to jump higher still, further clouding the European Central Bank’s benign view of the biggest price spike since ...

A slump in Zoom Video Communications Inc’s (ZM.O) share price likely limited its ability to sweeten a nearly $15 billion all-stock offer for call center software firm Five9 (FIVN....

The outcome of a $10 billion six-month battle to buy British supermarket chain Morrisons (MRW.L) will be decided in a one-day auction on Saturday overseen by the Takeover Panel. The ...

OPEC+ is considering going beyond its existing deal to boost production by 400,000 barrels per day (bpd) when it meets next week, sources said, at a time when oil pricesare near ...

Standard Chartered said on Friday it now expects Turkey’s central bank to cut interest rates by another 300 basis points by year-end to 15 per cent and upped its 2021 inflation and ...

Bitcoin was up 5.23 per cent at $43,716.97 as of 22:08 GMT on Thursday, adding $2,174.07 to its previous close. The world’s biggest and best-known cryptocurrency has gained 57.6 per cent from the year’...

J D Wetherspoon (JDW.L) fell deeper into the red for its fiscal 2021 and said it had like many other businesses found it hard to attract workers in some areas ...

Changes to Britain’s border rules this week which prevent European Union ID cards from being accepted as proof of identity could compound existing issues for freight entering the United ...

Non-performing loans (NPLs) decreased by €142 million in June 2021, according to data released by the Central Bank of Cyprus. This decrease reflects a 2.8 per cent aggregate drop compared to the previous ...

Britain’s economy grew by more than previously thought in the April-June period before what looks like a sharp slowdown more recently as post-lockdown bottlenecks, including a shortage of truck ...

Fashion brands like Benetton are increasingly turning away from globe-spanning supply chains and low-cost manufacturing hubs in Asia, in a shift that could prove a lasting legacy of the COVID-19 ...

China Evergrande Group (3333.HK) missed paying bond interest due on Wednesday, two bondholders said, its second unpaid offshore debt payment in a week, although the cash-strapped company is scrambling to ...

China on Wednesday demanded railway companies and local authorities raise their game in shipping vital coal supplies to utilities, as regions key to the world’s no. 2 economy grapple with ...

A delegation of Cypriot representatives travelled to London this week to promote Cyprus as a European jurisdiction in which investment funds and fund management companies can be registered. The delegation ...

Air France-KLM is looking at raising fresh funds soon after completing a share issue earlier this year, bolstered by a positive trend in bookings since the United States announced a ...

European Union governments committed to a joint EU-US declaration on technology cooperation on Wednesday, just in time for a key transatlantic meeting, after France threatened to block it unless it ...

AstraZeneca (AZN.L) will take full control of Caelum Biosciences in a deal worth up to $500 million, the drugmaker said on Wednesday, sharpening its focus on rare-disease drugs following its ...

France accused Britain of playing politics with post-Brexit fishing rights on Wednesday after London granted licenses to fish in its territorial waters to only 12 small French boats out of 47 applications. ...

Etihad Airways is working on what would be its third financing transaction linked to sustainable investment considerations, the Abu Dhabi government-owned airline’s treasurer said on Wednesday. Environmental, social and ...

Ryanair (RYA.I) expects a large deal with Boeing (BA.N) on an order for the 737 MAX 10 “will come our way eventually” as cancellations put pressure on the US planemaker, ...

A memorandum of understanding has been signed to officially launch the Cyprus Lebanon IT Hub (CLITH). Signed and confirmed during an online press conference, this initiative aims to bring the ...

The shift to electric vehicles will force huge changes in the auto industry and require EU backing for ‘reskilling’ programs to help workers prepare for a zero-emission future, according to ...