International

There have been global repercussions from the recent block of the Suez Canal for six days by a stranded container vessel. The Suez Canal Authority is claiming $1 billion in damages, ...

Google, BMW, Volvo and Samsung SDI are the first global companies to have signed up to a World Wildlife Fund (WWF) call for a moratorium on deep-sea mining, the WWF ...

The European Union wants to produce a fifth of the global output of cutting-edge semiconductors at the end of this decade and make its first quantum computer in five years, ...

The UK government has signed a long-term investment agreement with Abu Dhabi’s sovereign wealth fund Mubadala to invest £1bn in UK life sciences businesses to boost post-pandemic recovery, fDi ...

Europe, under fire for fumbling its vaccine roll-out and fighting a fresh wave of infections, is scrambling to speed up the pace of injections and avoid being left further behind ...

The EU’s former chief Brexit negotiator Michel Barnier has called for a ceasefire in the vaccines war between Brussels and the UK. In a speech in Zurich marking the ...

The Lebanese are queuing up to visit Cyprus, even though many can barely afford it. As of April 1, Cyprus will place Lebanon in the “Red” category of the international system ...

Lockdown restrictions have been partially lifted, and many have predicted a major increase in spending, but many service businesses remain unconvinced. “There is some movement, but we are waiting to ...

The blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine reinsurance rates, James Vickers, chair of reinsurance broker Willis Re ...

Microsoft on Wednesday said it has won a deal to sell the US Army augmented reality headsets based on its HoloLens product and backed by Azure cloud computing services. The ...

Moscow is trying to strengthen control of the internet and reduce its dependence on foreign companies and countries. A number of additional proposals are in the works, ranging from compelling ...

Mergers and acquisitions (M&A) activity surged globally in the first quarter of 2021 to a year-to-date record, as companies and investment firms rushed to get ahead of changes in ...

The International Air Transport Association (IATA) on Wednesday said the first version of its ‘Travel Pass’ platform will be made available on Apple Store on April 15th. There is no ...

Ryanair is to resume flights to and from Cyprus from April. This summer will be a ‘win-win’ for Ryanair working with Hermes Airports, Maria Kouroupi, senior manager Aviation Development, Marketing ...

Johnson & Johnson said on Wednesday it had found a problem with a batch of drug substance for its Covid-19 vaccine, which did not meet quality standards at Emergent Biosolutions’ ...

Polish video games maker CD Projekt launched a strategy update on Wednesday aimed at rebuilding investor confidence after a bug-ridden game launch last year backfired. Featuring Hollywood star Keanu Reeves, ...

India is offering more than $1 billion in cash to each semiconductor company that sets up manufacturing units in the country as it seeks to build on its smartphone assembly industry ...

The Turkish lira has fallen to 9.75 to the euro at this writing, close to a record low. The lira is at 8.33 to the dollar; the record low is 8.53. The British ...

In the EU, 26 out of 27 Member States are struggling with vaccine shortages and irregular delivery, a report from the Stockholm-based European Centre for Disease Prevention and Control warned on Wednesday. ...

On March 24, the government announced changes to the offer for a ‘Golden Visa,’ – Cyprus residency in exchange for investment, but no passport. However the new offer is little changed from ...

PayPal will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move ...

The votes on whether to form a union at Amazon.com Inc’s sprawling Alabama fulfilment centre are set to be reviewed starting on Tuesday, with momentum for future labour ...

Global banks may lose more than $6 billion from the downfall of Archegos Capital, sources familiar with trades involving the US investment firm said on Monday, and regulators and investors fear ...

“Recalculating,” as the GPS often tells us when we are driving, may be our best career strategy after a year of uncertainty. Roadblocks or jams may lie ahead, but the ...