International

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 ...

Boeing Co said it recommended suspending the use of 777 jets with the same type of engine that shed debris over Denver at the weekend after US regulators announced extra inspections ...

Baillie Gifford is an investment management firm based in Edinburgh with more than £200 billion in assets under management. This fund is having an annus mirabilis. According to Morningstar’s latest ...

Electric hypercar maker Rimac Automobili and Volkswagen’s supercar brand Bugatti are a good technological fit, Porsche AG’s CEO told German weekly Automobilwoche, fuelling hopes that a deal between ...

Britain threatens EU with ‘water wars’ that could see European bottled mineral water banned from UK. The move would be in retaliation for the European ban on UK shellfish, according ...

Ireland will not consider re-opening its hospitality sector before mid-summer due to the high level of Covid-19 infections in the country, Prime Minister Micheál Martin said on Saturday. “While ...

The semiconductor crunch that has battered the auto sector leaves carmakers with a stark choice: pay up, stock up or risk getting stuck on the sidelines as chipmakers focus on ...

Indoor farms are positioning themselves today as one of the solutions to pandemic-induced disruptions to the harvesting, shipping, and sale of food. Previously, investors used to brush off Amin Jadavji’...

Ether, the second-largest cryptocurrency by market capitalization and daily volume, hit a record $2,040.62, for a weekly gain of about 12 per cent. It has currently fallen back to about $2004. It is ...

The Cyprus Securities and Exchange Commission (‘CySEC’), the financial regulatory Authority of Cyprus, has launched a dedicated section on its website to serve as a Brexit Information Hub (accessible here), ...

Turkey risks being added to the 12 nations on the EU tax blacklist in May if it does not reform its practice. The latest ruling by the Council of European Ministers ...

Bitcoin touched a market capitalisation of $1 trillion as it hit yet another record high on Friday, countering analyst warnings that it is an “economic side show” and a poor hedge ...

Facebook Inc’s WhatsApp said on Thursday it will go ahead with its controversial privacy policy update but will allow users to read it at “their own pace” and will ...

Tens of millions of workers in developed economies will have to retrain for secure careers in post-Covid labour markets reshaped by the pandemic and the remote working revolution, a report ...