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OIL: Crude prices fall 2-4% after Iran nuke deal

Prices for the two benchmark crude oils fell by 2% to 4% on Thursday, as a ‘framework’ agreement with Iran was reached in Lausanne leading to a conclusive nuclear monitoring deal by

3rd April 2015
Business

#ArmenianGenocide: Cyprus marks anniversary with orphanage stamp

The postal services of Cyprus and Armenia jointly launched a commemorative stamp on Thursday to mark the 100th anniversary of the genocide of Armenians by the Ottoman Turks. Symbolically, the pair of

2nd April 2015
Cyprus

CYPRUS: March CPI up 0.5% on petrol, consumer prices

The Consumer Price Index for March increased by 0.58 units or 0.51 % to 115,31 units compared to 114,73 in February, mainly due to increases in the prices of petroleum products and

2nd April 2015
Cyprus

CYPRUS: 13-week T-Bill oversubscribed, yield drops to 2.68%

The Public Debt Management Office of the Ministry of Finance announces that Thursday’s 13 week Treasury Bills auction for €200 mln was oversubscribed and the average yield was 2.68%, lower than 2.84%

2nd April 2015
Cyprus

TRAVEL: EasyJet opens new Schiphol base, to add 4th plane

EasyJet has celebrated the opening of its new base at Schiphol Airport, Amsterdam and announced plans to add a fourth aircraft to its fleet at the airport from October 2015 onwards. The

2nd April 2015
Business

TELECOM: Primetel says 4G will boost Cyprus market share

Primetel, the island’s third mobile network operator that secured its license 14 months ago, plans to boost its small market share with the introduction of its high-speed fourth generation long-term evolution (4G

2nd April 2015
Business

TRAVEL: Air Serbia records profitability in first full year of operation

Air Serbia, the national airline of the Republic of Serbia, announced its financial results for 2014 – the airline’s first full year of operation. Reporting a net profit of EUR 2.7 million

2nd April 2015
Business

RESULTS: Bank of Cyprus 2014 losses revised up by €5 mln

 * Any buyers for Uniastrum? * The Bank of Cyprus released its audited results for 2014 showing that its losses for the year were revised up by 5 mln euros to EUR

31st March 2015
Cyprus

CYPRUS: Insolvency vote pushed to after Easter

The vote on the insolvencies bill, the final part of the framework to conclude the foreclosures legislation, has now been pushed to after the Easter break as the House Finance and Interior

31st March 2015
Cyprus

ΤECH: Logicom will distribute Palo Alto Networks in Greece, Cyprus and Malta

Logicom, a leading regional value-added distributor of technology solutions and services, has signed a distribution agreement with Palo Alto Networks, the leader in enterprise security. Through this partnership, Logicom will distribute Palo

31st March 2015
Business
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US-China deal offers relief, not resolution

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Silver sticks to modest intraday losses through the early European

Morgan Crowley to feature at James Joyce fest

The fourth edition of the Cyprus Bloomsday Festival, organised by

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