International

Lebanese officials have agreed that losses in the country’s financial sector amount to between $68 billion and $69 billion, Deputy Prime Minister Saadeh al-Shami told Reuters but cautioned that the figure ...

This article summarises the discussion Forum organised by the Cyprus Economic Society on 14 October 2021 on the German Elections and What it Means for Europe. The speaker was Dr Christian Odendahl, ...

International healthcare and diagnostic services company Medicover has acquired a controlling stake in Cypriot biotechnology NIPD Genetics, according to a statement released by the two companies earlier this month. “This ...

Tesla Inc (TSLA.O) chief Elon Musk said on Tuesday the electric carmaker will accept dogecoin as payment for merchandise on a test basis, sending the meme-based cryptocurrency up 24 per ...

The Turkish government is soon expected to present to parliament an additional budget for next year, two officials said, because a sharp lira sell-off has strained the existing budget with ...

Oil prices dipped towards $74 a barrel on Tuesday after the International Energy Agency (IEA) said that the new Omicron coronavirus variant was set to dent the global demand recovery while ...

HSBC (HSBA.L), Europe’s leading banker to corporate Asia, laid out its long-awaited policy on financing thermal coal on Tuesday, and said it expected all its clients to have ...

Budget airline Ryanair announced earlier this month that passenger traffic rose to 10.2 million travellers in November, reflecting a rise of 8.2 million from the same month of the previous year, when ...

Meta Platforms Inc (FB.O), the owner of social media network Facebook, is behind a $60 million deal to acquire the trademark assets of US regional bank Meta Financial Group (CASH....

NatWest has been fined 265 million pounds ($350.9 million) for failing to prevent the laundering of nearly 400 million pounds, in the first criminal money laundering case against a British bank. A gang ...

Tesla Chief Executive Officer Elon Musk was named Time magazine’s “Person of the Year” for 2021, a year that saw his electric car company become the most valuable carmaker in ...

Israel intends to import foreign workers for its high-tech sector on a trial basis to offset a pandemic-era labour shortage, Finance Minister Avigdor Lieberman said on Monday. In remarks to ...

A Paris appeals court on Monday slashed the penalty UBS (UBSG.S) must pay for allegedly helping wealthy clients in France evade taxes to 1.8 billion euros ($2.03 billion), but upheld that ...

Bitcoin rose on Sunday to reclaim levels above $50,000. The world’s biggest and best-known cryptocurrency gained 2.11 per cent to $50,445.34 at 1803 GMT on Sunday, adding $1,044.80 to its previous close. Bitcoin is ...

Research teams at Intel Corp (INTC.O) on Saturday unveiled work that the company believes will help it keep speeding up and shrinking computing chips over the next ten years, ...

Saudi Arabia said on Sunday it expected to post its first budget surplus in nearly a decade next year, as it plans to restrict public spending despite a surge in ...

Malaysia has charged Dyson supplier ATA IMS (ATAI.KL) with four violations of labour law on accommodation for workers as it investigates complaints of forced labour, authorities said on Saturday. ...

Europe’s automotive sector has become too reliant on Asia and other regions for vital components such as semiconductors and battery cells, Bosch’s (ROBG.UL) outgoing chairman told a ...

Chinese artificial intelligence startup SenseTime Group is considering whether it can proceed with a planned $767 million Hong Kong initial public offering after the US added it to an investment blacklist, ...

A federal jury on Friday awarded $22.5 million to a US Army veteran who alleged that combat earplugs sold by 3M Co (MMM.N) caused him to suffer hearing loss and ...

The Cyprus Investment Promotion Agency, commonly known as Invest Cyprus, announced on Friday that it has signed a memorandum of understanding with its Indian counterpart Invest India. The memorandum was ...

Microsoft (MSFT.O) is set to secure unconditional EU antitrust approval for its $16 billion bid for artificial intelligence and speech technology company Nuance Communications (NUAN.O), three people familiar with ...

By Maria Demertzis The discovery of the latest Omicron variant of COVID-19 sent stock markets into a freefall on Black Friday. However, markets recovered on Monday and have since shrugged ...

Much like the coronavirus pandemic, and the economic disruption that it has caused, a global shipping crisis looks set to go on delaying goods traffic and fuelling inflation well into 2023. ...