A decade ago, private equity couldn’t get enough of plastic packaging. They snapped up companies making bags, films and trays to contain everything from food and fashion to drink to drugs, drawn by reliable cash flows and consolidation prospects. But now the sector’s not quite so in vogue. Many buyout… Cyprus Mail …
Mining companies awarded blocks in Egypt’s Eastern Desert are set to start exploring for gold under a legislative overhaul that seeks eventually to unlock vast untapped mineral resources. Despite plentiful reserves and a rich mining history that gave rise to elaborate Pharaonic gold jewellery, Egypt has just one commercial gold… Cyprus Mail …
Britain’s top EU adviser David Frost on Sunday defended Britain’s unilateral move to smooth post-Brexit trade between Britain and Northern Ireland, over which the EU has promised to launch legal action for breaching the terms of the Brexit deal. Writing in the Sunday Telegraph, Frost said that The European Union… Cyprus Mail …
A revamped Alitalia, renamed ITA will start with 45 planes, have around 4,500 workers and get just over €1 billion ($1.2 billion) in state support, less than half of what was previously envisaged, newspaper La Repubblica reported on Tuesday. Newly-appointed Prime Minister Mario Draghi met with the transport, economy, industry… Cyprus Mail …
The Cyprus Securities and Exchange Commission (‘CySEC’), the financial regulatory Authority of Cyprus, has launched a dedicated section on its website to serve as a Brexit Information Hub (accessible here), aiming at facilitating a seamless navigation of Brexit related information and the compliance of interested parties with legal obligations following… Cyprus Mail …
Amsterdam surpassed London as Europe’s largest share trading centre last month, the Financial Times reported on Wednesday. The Netherlands scooped up business lost by the UK since Brexit. An average €9.2 billion shares a day were traded on Euronext Amsterdam and the Dutch arms of CBOE Europe and Turquoise in January, a… Cyprus Mail …
Vietnam’s first domestic car manufacturer, Vinfast, said on Sunday it had obtained a permit to test autonomous vehicles on public streets in California. Two models of VF32 and VF33 electric versions will be sold in the US, Canada and Europe markets from 2022, the company said in a statement. Vinfast,… Cyprus Mail …
The pandemic has led to a mindset that is negative and unable to change. We often forget that our situation will not get better by chance but through our ability to adapt to the inevitable change. To do that, we must first overcome this attitude. For many people, the current psychology is like… Cyprus Mail …