Business & Money

Cyprus’ inflation drops for tenth consecutive month

February 25, 2021 admin 0

Cyprus’ inflation declined for a tenth consecutive month in January, reflecting the under-functioning of the economy as a result of the COVID-19 pandemic, according to data released on Tuesday by the Statistical Service, CyStat. A […]

Business & Money

G7 leaders pledge support for Tokyo Olympics

February 22, 2021 admin 0

Leaders from the Group of Seven industrialized nations have pledged full support for Japan to host a “safe and secure” Olympic Games this summer. “We support the commitment of Japan to hold the Olympic and […]

Business & Money

German insurer Allianz reports less profit for 2020

February 20, 2021 admin 0

German insurer Allianz on Friday said that its total revenues for 2020 decreased 1.3 percent year-on-year to 140 billion euros (169.8 billion U.S. dollars). The company’s operating profit decreased 9.3 percent year-on-year to 10.8 billion […]

Business & Money

Airbus reports 1.13 bln-euro net loss for 2020

February 18, 2021 admin 0

European plane maker Airbus on Thursday reported a net loss of 1.13 billion euros (1.36 billion U.S. dollars) for 2020 due to the “adverse market environment” created by the coronavirus crisis. In its full-year financial […]