International

Major European banks have placed €20 billion, around 14 per cent of their overall profits and a figure which has remained unaltered since 2014, in countries listed as tax havens, a study by ...

The European Commission on Tuesday announced the adoption of its new Green Bond framework, taking a step towards issuing €250 billion (about $298 billion) in green bonds, equivalent to 30 per cent of ...

At CYENS, the Research Centre of Excellence in Cyprus (formerly RISE), a team is at work creating a digital twin of the city of Nicosia. “The digital twin offers the ...

Bonds issued by indebted developer China Evergrande Group (3333.HK) slumped on Monday after a ratings downgrade led to restrictions on their use as collateral, prompting China’s stock exchanges to ...

The head of Russia’s No. 2 oil producer Lukoil (LKOH.MM) said that oil prices of $65-$75 were “comfortable” for consumers and that the OPEC+ group of leading oil-producing nations ...

A truce between bitter regional rivals Turkey and the United Arab Emirates has calmed tensions that fuelled conflicts including Libya’s war, officials and diplomats say, after years of animosity ...

Britain needs to ease taxes on banks and make it easier to hire staff from abroad, its financial and professional services lobby said in a blueprint to help London unseat ...

El Salvador will on Tuesday become the first country in the world to recognize bitcoin as legal tender, a move President Nayib Bukele says will save Salvadorans living abroad millions ...

The rebound phase for companies emerging from the pandemic is over, says the Gartner Group. Most companies are now preparing to reach the ‘next normal’ — exiting phase three of the ...

Invest Cyprus sponsored The International Hospitality Investment Forum (IHIF), the leading annual conference for the global hotel industry which was hosted in Berlin from 1st – 3rd September. George Campanellas, CEO ...

Ryanair (RYA.I) has ended talks with Boeing (BA.N) on a major new order for Boeing 737 jets due to a disagreement over pricing, the Irish airline said on Monday. ...

The battle for Morrisons (MRW.L), Britain’s fourth-largest supermarket group, is the most high-profile looming takeover in the country amid a raft of bids and counter bids, reflecting private ...

Britain must relax its new immigration rules to allow in more foreign workers and ease labour shortages caused by the coronavirus pandemic and Brexit, a leading employers group, the Confederation ...

Turkey expects inflation to fall to 16.2 per cent by the end of the year and hit 9.8 per cent by the end of 2022, according to government forecasts published late on Sunday ...

Bitcoin rose 0.49 per cent to $50,188.4 at 1004 GMT on Sunday, adding $245.24 to its previous close. The world’s biggest and best-known cryptocurrency is up 81 per cent from this year’s low ...

The main money exchange market in Kabul, capital of Afghanistan, reopened on Saturday (September. 4), 10 days after Taliban takeover, as a banking crisis still exists in the Asian country, a local ...

Volkswagen (VOWG_p.DE) head Herbert Diess on Sunday said autonomous cars, not electric vehicles, were the “real gamechanger” for the auto industry, which is facing the end of combustion ...

The US has backed a plan to bring desperately needed gas to Lebanon from Syria. Syria said on Saturday that it welcomed Lebanon’s request to import Egyptian gas for ...

Facebook, Google, Microsoft and Amazon are seeking to meet Malaysia’s prime minister to ask that foreign vessels be allowed to repair undersea cables in its waters, a Google spokesperson ...

The US economy created the fewest jobs in seven months in August as hiring in the leisure and hospitality sector stalled amid a resurgence in Covid-19 infections, which weighed on ...

With the recent rebound across cryptocurrencies of various types, it’s time to take a hard look at the ones most likely to return on investment. The rebound started back ...

European Union and International Monetary Fund (IMF) representatives will begin their post-memorandum inspection of the Cypriot economy on September 13 and conclude the process on September 22. The inspection, which will include ...

When Britain announced Turkey would stay on its “red list” of travel destinations last week, Onur Arican decided to close his boutique hotel on the Aegean coast early this year ...

DeFi, decentralised finance, is the fastest-growing market in the cryptocurrency universe. More than $61 billion worth of trades have been executed in the market, up from about $15 billion at the start ...