International

Accusations against “bilateral contracts,” or side deals for vaccines made by the European Commission are false, a European Commission representative said on Tuesday. There are no contracts between individual EU ...

One U.S. Federal Reserve official says there is now a “clearer focus” about the economy’s path forward and a horizon for a fuller recovery. Another says the pandemic’...

Turkish banks’ asset quality is likely to weaken in 2021, with inflation high and a continuing dearth of foreign investment, Fitch Ratings says in a recent report. Borrowers’ debt-servicing capacity will ...

Jet2 on Tuesday announced in a statement that all flights and holidays would be suspended until March 25 of this year. “Due to the ongoing uncertainty and travel restrictions caused by ...

After years of intervening to dampen the Swiss franc’s exchange rate against the euro, Switzerland’s authorities may be embarking on another, potentially tougher battle as dollar weakness starts ...

Social media sites and online services are blocking access to firms that supported those involved in the attack on the US Capitol last week. PayPal Holdings Inc said on Monday ...

Negative interest rates could provide significant stimulus, a Bank of England official said on Monday; a move to negative rates is now expected by early February. UK Chancellor of the ...

Conditions in the Cyprus economy inched a bit higher in December, according to the Cyprus Composite Leading Economic Index which is designed to provide early-warning signals of economic changes. But ...

British airline easyJet has boosted its liquidity through a new five-year loan facility of $1.87 billion, backed by a partial guarantee from Britain, helping to ease concerns about its finances as ...

Credit rating agency Moody’s on Monday warned that Cyprus faces the danger of ‘fiscal deterioration in a note released on Monday. In a scenario where the recovery stalls or ...

Bahrain will open its airspace to Qatar as of January 11, the country’s civil aviation affairs authority said on Sunday, following a US-backed deal by Arab states last week to ...

Israel’s coronavirus vaccination campaign, the world’s fastest per capita, shifted to booster shots on Sunday in a bid to protect the most vulnerable citizens by next month and ...

Saudi Arabia’s crown prince unveiled plans on Sunday to build a zero-car. zero-carbon city at NEOM, the first major construction project for the $500 billion flagship business zone aimed at ...

Kim Jong Un’s ambitious new plan for the next five years is aimed at developing North Korea’s shattered economy, but the proposals may falter in the face of ...

Britain’s future access to European Union financial markets must face the challenge of the “weaponisation” of equivalence (meaning access to EU markets), a UK banking official said. “Are you ...

The recent bitcoin rally has moved it back into the limelight once again. But there is far less heard about how it’s “unstable,” or “really has no value.” On ...

The US flight attendants union said Trump supporters have exhibited “mob mentality behaviour” on a number of flights. There have been numerous videos posted of unruly behavior on Washington flights, ...

Sense Photonics has developed new detection technology that hits a key milestone required for self-driving cars, the laser sensor company said on Friday. The company led by automotive industry veteran ...

Europe’s Airbus posted stronger-than-expected deliveries of 566 jets in 2020, remaining the world’s largest planemaker as a year of pandemic-induced upheaval for air travel coincided with a grounding crisis at ...

By the time social media companies took action against users and groups spurring on the siege of Capitol Hill this week, culminating in the suspension of US President Donald Trump’...

Food producers in the EU and Europe have expressed alarm about the effect of certain terms in the Brexit deal reached at the end of last year. Sainsbury’s has ...

Britain should not submit to the European Union’s financial services rules just to get better access to the bloc’s market after Brexit, Bank of England Governor Andrew Bailey ...

“Cypriots are holding on to savings, collecting what they can thanks to the moratorium on loan payments through March, and waiting to see whether the vaccines will finally enable us ...

An interview with LI Yaohui, Economic and Commercial counselor at the embassy of the People’s Republic of China in Cyprus, about the world’s first import-themed exhibition, which brings ...