International

The government should begin gradually withdrawing the support schemes it has promulgated during the pandemic crisis, the Central Bank of Cyprus said in its Annual Report and Financial Stability Report. ...

The Cypriot government has given an update on its fast track mechanism to facilitate foreign companies’ ability to relocate or open branch offices in our country — more than 50 companies from ...

EP and Council negotiators reached on Thursday a provisional deal for an EU digital Covid certificate to facilitate free movement in Europe during the pandemic, the EU Parliament said in ...

The EU is ready to commit “significant” funds to expand European semiconductor manufacturing and support its computer chip supply chain, the Commissioner for internal markets, Thierry Breton, said on Thursday. ...

India’s technology ministry has written to Facebook Inc-owned WhatsApp asking the messenger to withdraw its updated privacy policy, which came into effect on May 15, in its biggest market by ...

EasyJet announced it expects to fly 15 per cent of its normal schedule between April and June, in a statement of its results released on Thursday. The airline said it may ...

Germany’s top-flight soccer league has scrapped plans to sell a 25 per cent stake in its overseas broadcasting rights after resistance from Bundesliga clubs concerned about private equity firms meddling ...

By Pavlos Loizou, managing director, WiRE The Cyprus market for office space is expected to decline 10 per cent to 15 per cent as companies adopt the remote working model, Pavlos Loizou, ...

The decision came as the Biden administration seeks to rebuild ties with Germany, after relations deteriorated under Republican former President Donald Trump. The waivers have no specific end date, but ...

German Chancellor Angela Merkel expressed concern on Wednesday that Europe cannot make the semiconductor chips and batteries it needs to compete for the production of cars as well as the ...

Bitcoin tumbled below the $40,000 mark on Wednesday to a 3-1/2 month low as selling in digital coins intensified after China banned financial and payment institutions from providing cryptocurrency services. Bitcoin, ...

Some examples of funding €40 million will go to SMEs and councils and communities €20.5 million for energy efficiency for homes and renewables €78.4 million for improvement business competitiveness €96 million for improvement of ...

Bitcoin’s smaller rivals are eroding its share of the $2 trillion digital currency market. Of the dozens snapping at its heels, most have little use beyond financial trading – but few ...

Chinese drugmaker Innovent Biologics, Inc. and the US-based pharmaceutical firm Eli Lilly and Company announced on Tuesday that the US Food and Drug Administration (FDA) accepted for review an application ...

Cyprus has one of the lowest percentages of workers who usually work from home in the European Union a report from the European Statistical Office (Eurostat) has revealed. Cyprus vs ...

Cyprus minister of energy, commerce and industry Natasa Pilides presented a new scheme on Tuesday, May 18, to promote new business activity on the island. The scheme includes a budget of €30 ...

The Biden Administration is intensifying its focus on cybersecurity spending after a wave of massive hacks, proposing new funding in the wake of the Colonial Pipeline ransomware attack this month. ...

The City of London’s ‘Golden Age’ as Europe’s financial capital is over following Brexit, but it will remain a major and profitable centre, NatWest bank chairman Howard Davies ...

Royal Dutch Shell shareholders overwhelmingly backed the company’s energy transition strategy on Tuesday, but increased support for a second climate resolution filed by an activist group pointed to growing ...

Secretary of State for Health and Social Care Matthew Hancock said on Monday that UK residents “should certainly not” travel to destinations in the Amber list of the country’s ...

Goldman Sachs (GS.N) will launch an app for UK users of its digital bank Marcus over the following weeks and plans to offer automated investment management to clients in ...

The European Commission wants to propose in 2023 a more unified way of taxing companies in the European Union, hoping that such rules, which have failed to win support in the ...

The Cyprus business and professional climate, which had deteriorated in March 2021, has strengthened significantly in April of this year, according to a report by the University of Cyprus Economic Research ...

“Our business has survived many wars, but this crisis is different,” says Hani Bohsali. Businesses that have been operating in Lebanon for more than 100 years, are today struggling to survive, ...