International

Hezbollah, a Shiite political party and militant group, has long held great leverage over politics and business in Lebanon. But now the group, which is on several lists as a ...

The US is signaling that it is ready to end sanctions on the Nordstream 2 pipeline, according to a report published by German newspaper Handelsblatt. Under US President Joe Biden, the ...

In a letter to lenders published Thursday, Sam Woods, the head of the Bank’s Prudential Regulation Authority said a majority of banks would need time to alter systems and ...

The founder of a New York money manager and two associates were criminally charged on Thursday with running a $1.8 billion Ponzi-like fraud where thousands of victims were falsely promised steady ...

Sales of electric and plug-in hybrid cars in the European Union almost trebled to over 1 million vehicles last year, accounting for more than 10 per cent of overall sales, data showed ...

Discussions of the Cyprus proposals in the draft Plan of Recovery and Sustainability (European Recovery funding plan) are to begin on February 11, according to a press release from the finance ...

Cyprus’s 2021 budget targets a wider deficit than we had previously expected, but fiscal performance should still be strong relative to regional and ratings peers, Fitch Ratings said in a ...

PayPal said it was expecting an addition of about 50 million active users in 2021 and forecast annual revenue of about $25.5 billion, well above the $21.4 billion estimated by analysts. Its shares were ...

Denmark will launch a vaccine passport by the end of the month, and those who hold it will obtain special privileges, the Danish government announced on Wednesday. Morten Bodskov, Denmark’...

Lawyers on both sides of the Channel have been left in limbo by the Brexit accord. Although Prime Minister Boris Johnson has claimed that “solicitors and barristers got a good ...

German carmaker Daimler said on Wednesday it plans to spin off Daimler Truck, the world’s largest truck and bus maker, as it seeks to increase its investor appeal as ...

Japan’s Sony Corp raised its full-year profit outlook by one-third, helped by pandemic-fuelled demand for games, movies and other content, but said it was struggling to build enough PlayStation 5 ...

Annual Turkish inflation rose 15 per cent in January from 14.6 per cent a month ago. Core inflation, which strips out food and energy prices, also increased to 15.5 per cent, the Turkish ...

Certain television advertising in Ryanair’s ‘Jab & Go’ ad campaign has been banned by the UK Advertising Standards Authority (ASA). The tv ads showed a syringe, and a vaccine ...

EFG International, a private banking group, is expanding its presence in Cyprus after receiving regulatory licences from the Cyprus Securities and Exchange Commission (CySEC) and the Central Bank of Cyprus (...

Limassol-based gaming producer Nexters Global, the game developer behind Hero Wars and Throne Rush, is going public in a Special Purpose Acquisition Company (SPAC) deal with the Moscow-based Kismet Acquisition ...

A stronger than expected rebound in the automotive and machinery industries where customers released their pent-up demand boosted Siemens’ first-quarter results, deputy CEO Roland Busch said on Wednesday. Busch, who ...

Amazon Web Services (AWS) chief Andy Jassy will replace billionaire founder Jeff Bezos as Amazon.com’s next chief executive officer. Here’s what we know about the incoming CEO: ...

One year into the coronavirus pandemic, Ethiopia looks set to become a test case for how the world’s poorest countries deal with huge debt increases as the crisis bites. ...

Amazon.com Inc on Tuesday said founder Jeff Bezos would step down as CEO and become executive chairman, as the company reported its third consecutive record profit and quarterly sales ...

Alibaba Group founder Jack Ma has been left off a list of Chinese entrepreneurial leaders published by state media – the snub underscoring how just far he has fallen out of ...

The government of Cyprus on Tuesday raised €1 billion with the sale of a five-year Euro Medium Term Note (EMTN). The debt security sale is part of the planned issuance by ...

Ryanair on Tuesday announced that it will add five additional flights every week from Paphos to Tel Aviv as part of its Summer 2021 schedule. Following strong demand from Cypriot consumers, ...

Fresh from toppling the head of Germany’s top financial regulator last week, German lawmakers are turning their fire on finance minister Olaf Scholz and his deputy Joerg Kukies. As ...