Luxury jet makers battle over lucrative spy plane niche
Last month, a ghostly grey business jet took off from central Sweden and headed across the Baltic on a routine spying mission. The converted Gulfstream,...
BusinessPick
Musk tweets, dogecoin leaps and bitcoin retreats
Bitcoin was heading on Friday for its worst week since February, while dogecoin leapt by a quarter, as the latest tweets on cryptocurrencies from Tesla...
Airbnb bookings jump 52% as vaccinations spur vacation rental demand
Airbnb Inc saw gross bookings jump 52 per cent as speedy Covid-19 vaccinations and easing restrictions encouraged more people to check into its vacation rentals....
In Lebanon, fruit withers on the vine; drug smuggling has closed markets
Lebanon at this time is “a basket of fruit,” but now much of it will die on the vine or be sold for animal food,...
Cyprus businesses keeping their employees despite challenges
The majority of Cypriot businesses will keep the same number of employees during the following year a study by CMRC Cypronetwork LTD has revealed. This...
Boeing wins FAA OK for 737 MAX electrical fix, notifies airlines
Boeing on Wednesday won approval from US regulators for a fix of an electrical grounding issue that had affected about 100 737 MAX aeroplanes, clearing...
In Apple vs Epic Games, battle of the experts gets personal
In its ongoing case against Apple Inc, “Fortnite” creator Epic Games is counting on this week’s testimony from its star expert witness David Evans, chairman...
Foreign IT firms must open offices in Russia under new draft law – lawmaker
Foreign technology companies will be forced to open offices in Russia or face penalties such as advertising bans under draft legislation, a senior lawmaker said...
Brexit: France to hold up financial services deal
Paris has said it will delay a European Union financial services deal with Britain until Prime Minister Boris Johnson grants European fishermen fair access to...
Bitcoin plunges as Tesla’s Musk halts use of bitcoin for car purchases
Bitcoin fell more than 10 per cent after Tesla Inc will no longer accept bitcoin for car purchases, Chief Executive Elon Musk said on Wednesday,...
Turkey-China trade increases as ‘Belt and Road’ project grows
Turkey and China have managed to further develop and diversify their growing trade relationship despite the Covid-19 pandemic as they celebrate the 50th anniversary of...
Amazon wins court fight against $303m EU tax order
Amazon on Wednesday won its fight against an EU order to pay about €250 million ($303 million) in back taxes to Luxembourg as Europe’s second...
Brexit: Northern Ireland trade rules ‘unsustainable’ says Frost
The way in which post-Brexit trade rules for Northern Ireland are operating may not be sustainable for long, Britain said on Tuesday, as firms count the...
Turkey: 27% of residents live at ‘near-starvation’ level — Poll
Twenty-seven per cent of Turkish residents are found to be living at near -starvation levels, according to independent researcher MetroPOLL’s monthly survey for April, The...
Cyprus esports flourish as global gamers generate $1.1bn in revenue
esports will generate $1.1 billion in revenue this year. The majority of that number comes from media rights and sponsorship opportunities, which, with a global...
US State Department eases travel advisories for UK, Israel
The US State Department said on Monday it has eased travel advisory ratings for the United Kingdom and Israel after raising both countries to its...
Ethereum at all time high of $4,200; rally expected to continue
Ethereum’s ether climbed to a new peak for a third straight day on Monday on continued optimism about further growth in decentralised finance or “DeFi”,...
Epilepsy gene discovered by Chinese scientists
Chinese scientists have recently discovered a gene responsible for epilepsy, a neurological disorder of the brain. The new study published in the international journal Brain...
Insurers, having lost $100bn, seek new ways to deal with pandemics
When much of the global economy locked down last year, insurers, facing estimated losses of more than $100 billion globally, reached straight for their red...
Dassault launches Falcon10X ‘flying penthouse’ jet
Dassault Aviation (AVMD.PA) launched a new long-range “flying penthouse” on Thursday in a bid to challenge rivals serving the ultra-wealthy and heads of state at...