Focus on earnings and data, gold continues retracement
By Naeem Aslam Investors and traders continue to support riskier assets, while the focus among them is very much on earnings and economic data. The fact that the Dow Jones industrial average has posted its fourth consecutive winning session — the longest winning streak in weeks
Larnaca port has come to a standstill after dockworkers decided Wednesday to continue their strike until overtime pay demands are met. The
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Larnaca port has come to a standstill after dockworkers decided Wednesday to continue their strike until overtime pay demands are met. The employers’ federation called the strike “unacceptable”, while the island’s chamber
Read MoreNicosia rejects Chevron’s improved omtimisation plan Cyprus has chosen to play hardball with the partners of the country’s first gas discovery,
It’s been 20 years since Cyprus joined the major eastward enlargement of the European Union, firmly becoming an integral part of the
Projects worth €100 mln over the next few years Positive messages about the prospects of Larnaca and the certainty that the
Business
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Ioannis Mavridis, Cablenet’s financial boss for the past four years, is being promoted to CEO as of July 1, replacing Yiannos Michaelides who is stepping down after four years at the helm and will remain a consultant until the end
Read MoreLimassol port has seen a 75% rise in wheeled cargo traffic ever since DP World Limassol took over its operation in 2017,
Hellenic Bank’s takeover of CNP Assurances’ regional operations, allowing it to dominate the local insurance market is a credit positive, according to
€182 mln takeover to boost life and general market share to 30% and 23% Hellenic Bank is set to dominate the
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Oil prices are trading down because of disappointing economic data, as traders lose hope that the Fed will lower interest rates anytime soon, as a well as due to a rise in
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Nicosia rejects Chevron’s improved omtimisation plan Cyprus has chosen to play hardball with the partners of the country’s first gas discovery, the 3.5 tcf Aphrodite offshore gasfield, made back in 2011,
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The West Texas Intermediate (WTI) crude oil price snapped its losing streak, trading around $78.20 a barrel in the Asian session on Monday, after Saudi Arabia raised June crude prices for most
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Oil prices are trading down because of disappointing economic data, as traders lose hope that the Fed will lower interest rates anytime
It’s been 20 years since Cyprus joined the major eastward enlargement of the European Union, firmly becoming an integral part of the
The sixth Leading Maritime Cities survey released this week declared Singapore as the world’s premier shipping centre. Not surprisingly so, considering the
By Athena Danou While this wasn’t my first participation in the Christodoula March, it was probably the first time I left the
Cypriots are being squeezed out of the property market as they can’t afford climbing rents. Hiking construction costs and interest rates are
Energy
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The West Texas Intermediate (WTI) crude oil price snapped its losing streak, trading around $78.20 a barrel in the Asian session on Monday, after Saudi Arabia raised June crude prices for most regions. The Saudi kingdom increased the Official Selling Prices (OSPs)
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Nicosia rejects Chevron’s improved omtimisation plan Cyprus has chosen to play hardball with the partners of the country’s first gas discovery,
Oil prices are trading down because of disappointing economic data, as traders lose hope that the Fed will lower interest rates anytime
The benchmark Western Texas Intermediate (WTI) was trading around $79.20 on Thursday, as the black gold edges lower to the lowest level in seven
World
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By Naeem Aslam Investors and traders continue to support riskier assets, while the focus among them is very much on earnings and
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Stocks in China have staged a remarkable comeback so far this year and it’s likely there’s more upside to come, according to
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The U.S. dollar-yen pair is trading around 155.30 in European markets on Wednesday, marking a third consecutive day of gains, due to
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West Texas Intermediate (WTI) crude oil was up slightly and hovering around $78.50 a barrel in Asian trading on Tuesday, following Israel’s
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Maritime
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Larnaca port has come to a standstill after dockworkers decided Wednesday to continue their strike until overtime pay demands are met. The employers’ federation called the strike “unacceptable”, while the island’s chamber of commerce said the port and island’s economy
Read MoreLimassol port has seen a 75% rise in wheeled cargo traffic ever since DP World Limassol took over its operation in 2017,
The sixth Leading Maritime Cities survey released this week declared Singapore as the world’s premier shipping centre. Not surprisingly so, considering the
Ticket sales have skyrocketed for the Daleela passenger and car ferry that will resume its Limassol to Piraeus sailings from the end
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The European Union unveiled a €1 billion economic aid package for Lebanon in exchange for the
By Athena Danou While this wasn’t my first participation in the Christodoula March, it was probably
All archaeological sites and monuments operated by the Department of Antiquities will offer free entry on
Three of Cyprus’ beaches in the Ayia Napa-Protaras area have earned prestigious spots among Europe’s top
Marking World Stray Animals Day, authorities on Friday announced plans to enhance and expand a dog
