International

Ethereum’s ether (ETH), the world’s second-largest crypto asset, has long been overshadowed by its predecessor bitcoin. But it seems to finally be coming out on its own. Ether ...

The American University of Cyprus (AUCY) will open its doors in Larnaca in September 2021, and its second campus, in Ayia Napa, still under construction will begin welcoming students in the ...

The European Union’s executive wants Hungary to reform its public procurement laws to curb what it calls “systemic irregularities” before billions of euros from the EU pandemic recovery fund ...

Iridium has become the latest precious metal to undergo a spectacular price rally, after supply shortages and expectations it will be used to produce hydrogen to power a greener economy. ...

Facebook Inc is building a smartwatch that will let users send messages and also offer health and fitness features, according to a report on the tech website The Information reported ...

Dogecoin, the “joke” cryptocurrency, has suddenly gotten dead serious, as investors pile in funds, raising its market capitalisation to $9 billion. ‘It took about 3 hours to make’, said Billy Markus in ...

Walt Disney Co swung to a surprise quarterly profit on Thursday, as ‘The Mandalorian’ and ‘Soul’ lifted its fast-growing streaming business, outweighing pandemic worries about its hobbled theme park operations. ...

L’Oreal, the world’s biggest cosmetics group, forecast a strong rebound in makeup sales when the COVID-19 pandemic gives way to a ‘roaring 20s’ when people get dressed up ...

The Radisson Hotel Group is to open a string of new properties in Cyprus, according to a press release published on Friday. The planned Radisson Beach Resort Larnaca will offer ...

UK economic output fell 9.9 per cent in 2020, the largest drop in 300 years and more than twice the fall during the financial crisis, according to data released by the UK Office ...

Italy’s prime minister-designate Mario Draghi will struggle to restart the Italian economy, the most chronically sluggish in the euro zone. This will be his top priority, but he will ...

The European Union will strive for close co-operation with Britain on financial services but London cannot expect “equivalence-based” access to the EU financial market if it diverges widely on rules, ...

After long being shunned by traditional financial firms, bitcoin has finally entered the mainstream. Bitcoin on Thursday jumped to a fresh all-time high after BNY Mellon said it formed a ...

Cyprus will see economic growth at the same, relatively low rate of most EU Member States in 2021. There is, however, “light at the end of the tunnel,” according to an ...

Shares of Bumble Inc, backed by Blackstone Group Inc, soared more than 76 per cent in their stock market debut on Thursday, fetching a $14 billion valuation for the operator of the ...

The European Union should set binding targets for one million public charging points for electric vehicles by 2024, and three million by 2029, to give consumers the confidence to switch to the ...

Amsterdam surpassed London as Europe’s largest share trading centre last month, the Financial Times reported on Wednesday. The Netherlands scooped up business lost by the UK since Brexit. An ...

Heathrow Airport has added a new £8.90 (~$12.20) tax to all flight tickets from all airlines taking off at the largest UK airport, the airport spokesperson announced last week. Billed as a “...

The European Parliament on Tuesday approved a Commission regulation to extend market support measures for the wine sector until 2021. The decision was passed at the plenary voting session without a ...

There is no reason why a bad bank would not work in Cyprus, as it has in many other countries. It all depends, experts say, on how it is managed. ...

Jet2 will not fly until well after the Easter holidays, the company said in a statement on Tuesday. “Due to the ongoing uncertainty and travel restrictions caused by the Covid-19 ...

Electric aircraft startup Archer will go public through a merger with a blank-check company backed in a deal valued at around $3.8 billion and backed by an order and investment from ...

Coca-Cola Co on Wednesday forecast a return to organic revenue growth this year after a torrid 2020, betting vaccine rollouts across the world will encourage consumers to return to cinemas and ...

Twitter Inc on Tuesday beat analyst expectations for quarterly sales and profit and followed its social media peers to forecast a strong start to 2021 as ad spending rebounds 31 per cent ...