International

By Ioannis Tirkides Optimism is rising high in the global economy for the recovery in 2021-22, and growth forecasts are being revised higher. The European Commission now expects real GDP ...

Faced with the choice of leaving their savings stuck in the bank or investing them at a huge loss, some Lebanese people are opting to take a punt. For them, ...

Russian lawmakers passed legislation on Thursday that would oblige US tech giants to open offices in Russia by January 2022 or face punitive measures, part of a push by Russia to ...

Many Italian scientists agreed that it was almost certain that the virus was in circulation within Italy’s borders before it was formally identified in January 2020, but remain split over ...

Federal Reserve officials signaled on Wednesday that they expected to raise interest rates from near-zero levels sooner than they had previously forecast. The euro and the pound both fell sharply ...

German supermarket chain Lidl captured a new record market share of 6.2 per cent across Europe during the previous year as the entire sector bucked wider retail trends for a strong ...

No major bank in the eurozone meets all of the European Central Bank’s expectations in assessing climate-related risk and they should expect increased pressure from their supervisor to adjust, ...

Airlines renewed their calls on Britain to restart international travel, pleading with the government to allow people vaccinated against COVID-19 to travel freely with the peak summer season just weeks ...

British inflation unexpectedly jumped above the Bank of England’s target in May when it hit 2.1 per cent, part of a post-lockdown climb in prices that is expected gather pace. ...

Cyta saw its highest after-tax profit in nine years of €70.8 million for the full year of 2020, and announced a positive outlook for its results in 2021, at a press conference on ...

The United States and the European Union have agreed a truce in their near 17-year conflict over aircraft subsidies, suspending for five years one set of Trump-era tariffs which had ...

When Ethiopia awarded its first private telecom licence last week, Prime Minister Abiy Ahmed hailed it as the crowning achievement of his plan to open up Ethiopia’s tightly controlled ...

A digital euro could suck away 8 per cent of euro zone banks’ customer deposits, analysts at Morgan Stanley have estimated, although the share may be far higher in some of ...

Researchers are conducting phase-1 and phase-2 clinical trials on a China-made inhaled Covid-19 vaccine, a Chinese health official said Friday. After completing the collection of clinical-trial data, experts will study ...

Turkey has just discovered another 135 billion cubic meters (bcm) natural gas in what is proving to be a prolific Sakarya gasfield in the Black Sea, raising the total discovered so ...

Ireland will double the quarantine period for unvaccinated or partially vaccinated arrivals from Britain to 10 days but still plans to allow people to move more freely between the two countries ...

A growing number of major soccer clubs are launching digital coins that allow fans to vote on a variety of minor decisions as the sport faces slumping revenues caused by ...

Hyundai Motor Co (005380.KS) and General Motors Co (GM.N) said on Monday they are pushing ahead with developing flying cars, with the South Korean company expressing optimism it could ...

£784 million were lost to financial fraud last year, according to the UK’s Action Fraud. Victims of investment scams who referred to a social media platform lost £63 million ($89 million). The ...

US Federal Reserve officials are expected to begin debate on tapering the Fed’s monthly asset purchases as soon as this week’s policy meeting, but the central bank is ...

Italians under the age of 60 who received a first dose of the AstraZeneca (AZN.L) Covid-19 vaccine, known as Vaxzevria, can be given a different vaccine when they get their ...

Lebanon’s currency crashed on Sunday reaching a new low against the dollar, as the country’s financial meltdown continues: Food is unaffordable, hospital are closed, petrol is unavailable, the ...

Upmarket retailer Ted Baker said on Monday dresses and suits were back in demand, with Britons rediscovering a taste for formal wear as months of COVID-19 curbs on social life ...

Britain’s GlaxoSmithKline Plc (GSK.L) has agreed to pay up to $2 billion to iTeos Therapeutics Inc (ITOS.O) to develop and sell a potential cancer treatment together, the companies ...