Low-cost airline Ryanair on Monday posted an H1 loss of €197 mln, compared to a 2019 first-half profit of €1.15 bln due to the impact of coronavirus with 99% of its fleet
By Hussein Sayed, Chief Market Strategist at FXTM Last week was terrible for risk assets with equities in the US and the world suffering the worst sell-off since the March meltdown. Multiple
Cyprus’ 5G network rollout is caught up in a tug-of-war between two superpowers, China, and the US, locked in a battle for technological supremacy and geopolitical influence. China has accused the US
By Han Tan, Market Analyst at FXTM Asian stocks were in a sea of red on Friday while US equity futures extended their declines for the week as markets continued taking stock
Turkey’s lira tumbled to a record low against the euro during the week with trading platforms reporting an all-time low closing price of 9.78 on Friday, coming dangerously close to 10. This
Cyprus President Nicos Anastasiades said he was horrified by the attack in Nice on Thursday and has expressed solidarity to French President Emmanuel Macron. “Horrified and saddened by the attack at #Nice
Carmakers had a rough start to 2020, with worldwide auto production and sales having slumped amid the coronavirus outbreak. Supply chain disruptions, factory closures, and sales drops had a massive impact on
Cyprus is languishing at the wrong end of the EU Gender Equality Index ranked 21 out of the 28 countries with its 56.9/100 score 11 points lower than the European average. Despite
U.S. President Donald Trump’s 143 million social media following is about 7.2 times more compared to his rival in the upcoming election Joe Biden. As of October 28th, Biden’s overall social media
The small, yet vibrant, community of Cyprus has mobilised its members and friends to garner support for efforts to restart peace talks over the fate of Nagorno-Karabagh, the Armenian region known as
