International

Turkey will extract oil from three newly discovered wells in the country’s Diyarbakir and Kirklareli provinces, Turkish Energy Minister Fatih Donmez said on Thursday. “We have also found oil ...

India scrapped local trials for “well-established” foreign coronavirus vaccines on Thursday as it tries to accelerate the vaccination rollout to counter the world’s worst surge in infections. India this ...

European Union countries will seek to prolong EU support for cross-border natural gas projects, a stance at odds with the European Commission’s plan to end such funding, according to ...

The family of the founder of British airline EasyJet sold a small stake in the company, a regulatory filing showed on Thursday, reducing the Haji-Ioannou family’s holding to 25.3 per ...

Israel’s Global Knafaim said on Thursday it bought a 49.9 per cent stake in the small Cypriot airline Tus Airways with a $5 million investment. Global Knafaim is a unit of ...

Too many measures have only a short-term effect and major goals are neglected. By Dr. Charles Ellinas Cyprus’ government has put forward an ambitious ‘Recovery and Resilience Plan’ (RRP), with ...

China’s Marco Polo, the largest container ship ever to arrive on the US East Coast, arrived on Thursday. At 16,022 twenty-foot equivalent units (TEU), the Marco Polo is close to ...

Air France (AIRF.PA) cancelled a Paris-Moscow flight on Wednesday after Russia failed to approve a new route bypassing Belarus, the airline said. The French carrier, part of Air France-KLM, ...

Cryptocurrencies slipped on Thursday, though without falling through recent lows, as traders clung to hopes that a nascent recovery from last week’s plunge can regain its momentum. Bitcoin has ...

The Turkish lira, at 10.32 to the euro, 8.44 to the dollar at this writing, is under extreme stress, according to analysts. The currency is perilously close to its record low of 10.50 ...

WhatsApp has filed a lawsuit in Delhi against the Indian government seeking to block regulations coming into force on Wednesday that experts say would compel Facebook’s messaging app to ...

Amazon.com Inc said on Wednesday it is buying MGM, the fabled US movie studio home to the James Bond franchise, for $8.45 billion, giving it a huge library of films ...

French President Emmanuel Macron said Tuesday in Brussels that the EU “needed to very deeply rework” its relationship with Moscow and that “the sanctions policy” had reached its “limits”, towards ...

Airbnb on Wednesday said new trends are changing the travel industry as longer stays, and family groups are now most popular choices. On Wednesday, Airbnb released its Travel & Living ...

The Guangdong-Hong Kong-Macao Greater Bay Area launched its first freight-train route to ASEAN countries on Tuesday. A freight train loaded with goods worth about 94,400 U.S. dollars departed from Guangzhou, ...

The fundamentals for the dollar remain bearish, analysts say. The euro is up 4 per cent against the dollar, the Brazilian real has risen 6 per cent and the Chinese yuan by ...

“Privatisation is coming soon to the Cyprus Stock Exchange (CSE),” Chairman Marinos Christodoulides told the Cyprus Mail in a note. “Hopefully, a foreign stock exchange will be the new shareholder ...

US electric vehicle maker Tesla Inc said on Tuesday it had established a site in China to store car data locally, as automakers come under growing scrutiny over how they ...

EU negotiators begin two days of talks on Tuesday on a plan designed to make the bloc’s huge farming subsidies greener and fairer, although campaigners question its environmental impact. ...

A decade ago, private equity couldn’t get enough of plastic packaging. They snapped up companies making bags, films and trays to contain everything from food and fashion to drink ...

The European Commission has loaned Cyprus €124 million under the Support to mitigate Unemployment Risks in an Emergency (SURE) Programme, the Commission said in a press release on Tuesday. The funds ...

Bank of Cyprus announced first quarter revenue of €136 million, and operating profit of €45 million, the bank said in a statement on Tuesday. Profit after tax was €8 million. But organic profit (...

Forget Brexit, says the Confederation of British Industry, a group which represents 190,000 companies in the UK. The organisation says “Seize the Moment,” and releases a report intended to establish a ...

China’s national science and technology week that kicked off on May 22 included a vast gamme of innovations, from robots serving drinks to quantum computing. Students from Beijing 101 Middle School, ...