International

For the euro area, as in the world as a whole, output is recovering back toward the pre-pandemic trajectory, economists have predicted. “While the Delta variant means the picture could ...

Limassol, August 10, 2021. For immediate release. As hospitality industry leaders, Kanika Hotels & Resorts have been pioneering holiday perfection for over 40 years. The key to that success is how the company ...

The Covid-19 pandemic has accelerated the move to cashless payments, a study shows. “Between 2009 and 2014 the total value of cash-free transactions worldwide increased by almost half, from £269 billion to £389.7 billion,” ...

Samsung Electronics unveiled its latest high-end foldable smartphones on Wednesday with lower prices than last year’s offerings in a push to expand foldable demand beyond niche devices. The tech ...

As Klarna’s billionaire founder Sebastian Siemiatkowski prepares to stage one of the biggest-ever European fintech company listings, a feast of capitalism, he credits an unlikely backer for his runaway ...

Britain’s John Lewis Partnership said on Wednesday it has signed a deal to lease a 1 million square food distribution centre from supermarket group Tesco (TSCO.L) to help meet ...

Coinbase Global Inc reported a more than 1,500 per cent jump in quarterly trading volumes on Tuesday, as the US cryptocurrency exchange consolidated its huge expansion at the start of this ...

Britain’s used car transactions grew by 108.6 per cent in the second quarter (Q2) of this year when compared with the same period last year as Covid-19 restrictions eased, the ...

Due to years of fiscal mishandling and skyrocketing operational costs, Lionel Messi, arguably the greatest player of all time has left Barcelona – the club he called home for 21 years. “We ...

2021 will be the first year in the history of container shipping when carrier profits approach $100 billion and average freight rates jump by 50 per cent, according to the latest edition of ...

Bayer lost a third appeal against US court verdicts that awarded damages to customers blaming their cancers on use of its glyphosate-based weedkillers, leaving the German drugs and pesticides group ...

Google employees based in the same office before the pandemic could see different changes in pay if they switch to working from home permanently, with long commuters hit harder, according ...

Apple Inc on Monday said that iPhone users’ entire photo libraries will be checked for known child abuse images if they are stored in the online iCloud service. The disclosure ...

Fans attending Premier League games are set to face random spot checks of their COVID-19 status at some stadiums in the opening weeks of the new season. Ticket holders should ...

Mobile phone operator Vodafone said on Monday it would reintroduce European roaming fees for new and upgrading British customers in January, following the lead set by rival EE. Roaming charges ...

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 ...