International

Larnaca-based energy producer Petrolina is partnering with the London-based Lion Alternative Energy (LAE) to establish a major producer of renewable energy in Cyprus. Petrolina Solar will invest in LAE’s ...

Staggering inflation, government inaction and decaying consumer sentiment have combined to force the Turkish lira lower against the dollar and the euro. The lira is at €9.05 to the euro, and ...

Aston Martin expects to almost double sales and move back towards profitability this year after sinking deeper into the red in 2020, when the luxury carmaker was hit by the pandemic, ...

Airbnb’s quarterly results are likely to show the pandemic may have helped the home rental company lure leisure travelers away from big hotels during the global travel collapse of 2020. ...

British finance minister Rishi Sunak should follow the lead of the United States by announcing a £100 billion stimulus push in next week’s budget to fuel an economic recovery from ...

It was an event that could set a precedent in a world longing for a return to normal – a music concert attended by scores of Israelis vaccinated against Covid-19. The ...

The first big real-world study of the Pfizer/BioNTech vaccine to be independently reviewed shows the shot is highly effective at preventing Covid-19, in a potentially landmark moment for countries ...

Electric-car maker Fisker Inc said it will work with Apple Inc supplier Foxconn to produce more than 250,000 vehicles a year beginning in late 2023, sending its shares up 18 per cent. The ...

Milan prosecutors said on Wednesday they had ordered four major food delivery companies to officially hire more than 60,000 workers and pay a total of 733 million euros ($889 million) in fines after ...

An Israeli pipeline that would deliver reliable energy to the impoverished Gaza Strip have moved from the abstract to the concrete in recent weeks, three officials with knowledge of the ...

In 2020, private banking group EFG International significantly grew its business with a marked acceleration in profitability, especially in the second half of the year, and demonstrated its operational and financial ...

Inflation returned to the euro area in January at 0.9 per cent due to a number of temporary factors, although in Cyprus it remained at a low -0.8 per cent. Cyprus ...

AstraZeneca Plc has told the European Union it expects to deliver less than half the Covid-19 vaccines it was contracted to supply in the second quarter, an EU official told ...

Financial incentives bring filmmakers to Cyprus, and their projects create jobs and work for service providers. Yet the filmmakers must struggle to obtain their incentive payments. Of the 10 applications so ...

“We’re involved in damage control,” Finance Minister Constantinos Petrides told the Cyprus Mail in an interview. Fortunately, the government has the means to keep the damage to a minimum ...

A dive in Bitcoin’s price this week spilled onto Tesla shares, shaving more than $110 billion off the electric carmaker’s value and some $20 billion from CEO Elon Musk’s ...

Breakingviews Calling the bottom on Greek banks has been a triumph of optimism over experience. Still, there is reason to believe that €1.2 billion euro Alpha Bank, in which US investor ...

Sterling looks set to extend its rally beyond $1.40, thanks to the pace of Britain’s Covid-19 vaccine rollout and signs that investors are flocking back to assets out of favour ...

Drones with advanced facial recognition capabilities, a common feature in works of science fiction, recently took a big step closer to becoming a reality. Earlier this month a US patent ...

The Cyprus fund industry is maintaining steady growth right through lockdowns and the pandemic, and is seeking changes to its legal framework to harmonise with competitive jurisdictions. “We continue to ...

The UK antitrust tribunal ruled on Monday that Epic Games, the creator of popular game Fortnite, will not be allowed to pursue its case against Apple Inc in the United ...

Members of Northern Ireland’s two largest pro-British parties are set to take part in legal action challenging part of Britain’s divorce deal with the European Union, the parties ...

Financial services firms have become the primary target of cyber criminals during the pandemic, according to a report in The Banker. The surge in homeworking during the pandemic has increased ...

The Syrian pound sank to a new record low on Sunday with a scramble for dollars in a country hit by sanctions and facing a severe foreign currency crunch, dealers ...