European defence industry leaders called on Thursday for more firm orders to help them respond to pressure for increases in…
Court rejects 2013 haircut lawsuit, citing public interest
The District Court of Larnaca has rejected a lawsuit related to the 2013 deposit haircut in Cyprus. The court’s decision…
Pound posts best monthly rally in a year
The pound eased against the dollar on Thursday but was still headed for its biggest monthly gain in a year,…
Interview: Cyprus lags behind when it comes to green transition
On the road to a green transition, lay numerous opportunities and challenges. In an interview with Phileleftheros, Phoebe Koundouri, a…
Six months after Volkswagen exit, idle Russian car plant offers workers redundancy
Furloughed workers at Volkswagen’s former plant in Russia are being offered redundancy, according to the union representing them, as the…
Majority of Britons support rejoining the EU single market – poll
A majority of Britons support rejoining the European Union’s single market even though that would mean the restoration of the…
Saudi investment fund acquires 10% stake in Heathrow airport
In a significant move, the state investment fund of Saudi Arabia has secured a 10% stake in Heathrow Airport, acquiring…
Half of German companies face labour shortages despite economic stagnation – survey
Half of German companies are struggling to fill vacancies due to labour shortages, the DIHK Chamber of Commerce and Industry…
Second-hand shopping a $1-bln-plus business for Amazon in Europe
Consumer demand for refurbished and pre-owned goods in Britain and across Europe has created a billion pound ($1.3 billion) business…
‘Tax the bad’ to boost climate finance, COP28 panel advises
Increasing taxes on polluting activities and cutting fossil fuel subsidies could generate trillions of dollars to tackle climate change, an…