International

Euro zone banks borrowed a record €1.31 trillion ($1.47 trillion) from the European Central Bank on Thursday, taking advantage of negative interest rates to meet growing demand for credit from companies seeking ...

The euro is in a comeback phase against the pound, due to vaccination rollout improvements and some good economic data. “The British pound is on course to record its sharpest ...

Venus Minerals has started diamond drilling in the Troodos, and this means that Cyprus will soon be able to take advantage of the rising demand for copper. “Cyprus can play ...

Turkish Airlines is to reinstate two of its Boeing 737 MAX aircraft next week after Turkey’s civil aviation authority gave its approval, a source familiar with the matter said on ...

Boeing Co has asked 16 of its customers to address a potential production issue related to an electrical power system in certain 737 MAX jets prior to further operations, the US planemaker ...

Equity funds have attracted more than half a trillion dollars in the past five months, exceeding inflows recorded over the previous 12 years, according to data from BofA, which has likened ...

Hellenic Bank has posted its financial results for the previous fiscal year, exhibiting a solid foundation for the year to come, despite reduced profit and total net income due to ...

The Turkish central bank’s net international reserves fell to its lowest level since 2003 at $10.68 billion as of April 2, from $12.79 billion a week earlier, data showed on Thursday. The exchange ...

Foreign lenders including HSBC and Wells Fargo are cutting ties with Lebanon’s central bank, sources familiar with the matter told Reuters, underlining the country’s international isolation as it ...

Cyprus professionals have mixed feelings about the proposal from the US Treasury Secretary Janet Yellen to establish a global minimum corporate tax. “It’s impractical and makes no sense in ...

Invest Cyprus, a government agency tasked with promoting Cyprus as an attractive destination for doing business in a wide range of industries and market segments, has launched a new initiative ...

The US Commerce Department said Thursday it was adding seven Chinese supercomputing entities to a US economic blacklist for assisting Chinese military efforts. The department is adding Tianjin Phytium Information ...

Ramp, a fintech startup that offers corporate cards and software for managing employee expenses, raised $115 million in a funding round led by digital payments giant Stripe and D1 Capital Partners, ...

In its research, credit agency S&P notes several themes that weigh against the Cyprus economy – the other credit agencies also make the point that these issues are holding ...

Giorgio Armani may consider a joint venture with another Italian company, the founder of the Milanese fashion house told US magazine Vogue, opening the door for the first time to ...

Global airline industry body IATA said international passenger traffic plunged 89 per cent in February compared to the same month last year as COVID-19 infections climbed once more, and there was ...

The chief executive of British airline EasyJet said on Tuesday that the cost of COVID-19 tests sometimes exceeded easyJet’s ticket prices. “That means that you wouldn’t open up ...

Carnival Corp, the world’s largest cruise operator, is currently not taking a position on mandatory Covid-19 vaccinations for passengers before traveling, a company spokesman told Reuters on Tuesday. The ...

Valneva on Tuesday reported positive results for its Covid-19 vaccine in early stage clinical trials and said it planned to launch a Phase Three trial this month. The French drugmaker, ...

Forbes’ annual world’s billionaires list includes a record-breaking 2,755 billionaires, with Amazon founder Jeff Bezos topping it for the fourth consecutive year, the media company said on Tuesday. The ranks ...

Norwegian Cruise Line Holdings Ltd said on Tuesday it would begin sailing outside the United States from the Caribbean and Greek Isles in July, restarting trips after a year-long hiatus ...

The US Supreme Court handed Alphabet Inc’s Google a major victory on Monday, ruling that its use of Oracle Corp’s software code to build the Android operating system ...

The cryptocurrency market capitalisation hit an all-time peak of $2 trillion on Monday, according to data and market trackers CoinGecko and Blockfolio, as gains over the last several months attracted demand ...

Some 50 members of Congress on Monday urged US Trade Representative Katherine Tai to seek removal of 25 per cent tariffs on American Whiskey imposed by the European Union and Britain in ...