The pound rose broadly on Tuesday, boosted by a degree of investor relief after Rishi Sunak won the race to…
Sterling supported by news Rishi Sunak to be UK prime minister
Sterling took support on Monday from news former finance minister Rishi Sunak is set to become British prime minister after…
RCB Bank surrenders its license
Cyprus-based Russian Commercial Bank (RCB) on Monday announced that it is surrendering its banking license. “This is the outcome of…
Tesco raises ‘meal deal’ price for first time in over a decade
Tesco, Britain’s biggest supermarket group, has hiked the price of its popular lunchtime “meal deal” for the first time in…
Digital campaign to promote Paphos abroad
Paphos Regional Tourism Board announced the start of a digital campaign to promote Paphos as a destination, abroad. As announced,…
Pfizer expects to hike U.S. COVID vaccine price to $110-$130 per dose
Pfizer Inc expects to roughly quadruple the price of its COVID-19 vaccine to about $110 to $130 per dose after…
Spain, France and Portugal agree on a new energy route, PM Sanchez says
Spain has reached an agreement with Portugal and France to substitute plans for a gas pipeline known as Midcat with…
Europe’s alternatives if Russia shuts off gas supply
Unexplained damage to the Nord Stream pipelines that run under the Baltic Sea have dashed hopes that Russian gas flow…
Starbucks sued for accusing unionized workers of assault, kidnapping
Starbucks Corp was sued on Monday by eight employees at a unionized South Carolina store who said the company falsely…
Soaring food prices push UK inflation back to 40-year high
The biggest jump in food prices since 1980 pushed British inflation back into double digits last month, matching a 40-year…