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CYPRUS: Jobless rate edges up to 16.1%, Q3-Q4 unchanged

The rate of unemployment for the whole of last year averaged at 16.1%, marginally up from 15.9% for 2013, while in the fourth quarter it was 16%, unchanged from Q3, and up

28th March 2015
Cyprus

FXTM: New round of ‘Forex Factor’ trading contest

International forex broker ForexTime (FXTM) has launched a new round of its popular ‘Forex Factor’ demo trading contest, giving traders the opportunity to once again test their skills against traders from around

27th March 2015
Business

CYPRUS: Expansion of business relations with South Africa

The first official presentation of the Cyprus-South Africa Business Association was held recently, at an event attended by members of the association and other personalities from the economic and business world. The

27th March 2015
Cyprus

CYPRUS: Aristo Developers at the Novosibirsk Expo in Russia

Aristo Developers’ 2015 international exhibition season commenced with great success at the Novosibirsk Real Estate Expo in Russia, which took place on February the 3rd, welcoming 25 companies from 7 countries. Aristo

27th March 2015
Cyprus

CYPRUS: LaikoCosmos signs contract with Sodexo

LaikoCosmos Trading are pleased to announce that they have signed an agreement with Sodexo Cyprus Ltd to act as their logistics partner to supply the entire UK ambient and frozen grocery range

27th March 2015
Cyprus

TRADE: EU-US deal need to be approved by the EP

Trade between the EU and the US is already worth hundreds of billions a year and the free trade agreement known as the Transatlantic Trade and Investment Partnership (TTIP) promises to increase

26th March 2015
Business

TURKEY: Outlook for banking system remains negative for 2nd year

For the second consecutive year, Moody's Investors Service said its outlook for Turkey's banking outlook is negative, owing to subdued economic growth and currency volatility, which will reduce growth opportunities for banks

26th March 2015
Business

GERMANY: Ifo business climate at July 2014 high

The Ifo Business Climate Index for German trade and industry rose to 107.9 points in March from 106.8 points the previous month. The index reached its highest level since July 2014. Companies

25th March 2015
Business

AVIATION: Germanwings A320 crashes in French Alps

A Germanwings Airbus A320 with 150 people on board crashed in the French Alps near Digne on Tuesday morning, aviation officials said, with no survivors likely. The aircraft, belonging to the Lufthansa

24th March 2015
Cyprus

MARKETS: Brent at $55-56, as China growth slows, Saudi output at max

Brent crude was trading at shy of $56 on Tuesday as data from China suggested a slowdown in its growth, part of the “go fast, go slow” cycle, while oil output at

24th March 2015
Business
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Latest Comment

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US-China deal offers relief, not resolution

Markets are set to rally on the announcement of a

WTI climbs to $67 on rising MidEast tensions

West Texas Intermediate (WTI) is trading around $67.00 during the

Silver retreats from multi-week peak, slides below $36

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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