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Cyprus Chiba sees huge investment potential from China

The huge potential to increase Chinese investments in Cyprus has been pointed out by Secretary of the Cyprus-China Business Association (CyChiba) Andis Nathalael, who has noted the rapid rise of direct investments

18th October 2013
Cyprus

East Med subsea cable to feed 2000MW to energy-hungry Europe

The first phase of an EU-backed plan to lay the world's longest subsea electricity cable could be completed by 2017, ending Europe’s reliance on Russian energy supplies, while allowing Israel to export

18th October 2013
Cyprus

Ukraine leader says will sign law to release Tymoshenko

Ukrainian President Viktor Yanukovich said he is ready to sign a law to allow jailed opponent Yulia Tymoshenko to go abroad for treatment, in an attempt to clear the way for the

18th October 2013
Business

Asia shares hit 5-month high; China Q3 growth quickens

Australian stocks hit a five-year high on Friday as Asian shares celebrated China's quickening growth — just a day after U.S. legislators finally broke a confidence-sapping fiscal impasse. As the U.S. debt

18th October 2013
Business

Fingerprints in European passports legal – EU court

The European Union's highest court rejected on Thursday a German man's challenge to the inclusion of his fingerprints in his passport, saying such data helped to prevent identity fraud and to curb

17th October 2013
Business

Greek banks lure global investors back to Athens bourse

– Greek banks seen recovering along with broader economy – Athens stock market an outperformer in 2013 -Many pension funds still see Greece as too risky Bailed-out Greece is luring back foreign

17th October 2013
Business

Young adults say technology can be dehumanizing

Millennials are tech-savvy young adults who grew up with smartphones and iPads, but many think technology makes people less human, according to a poll released on Thursday. The survey of 12,000 people

17th October 2013
Cyprus

Bad weather being blamed for Lao Airlines crash

Bad weather is being blamed for the crash of a Lao Airlines plane which plunged into the Mekong river in southern Laos killing all 49 people on board, among them nationals of

17th October 2013
Cyprus

Bank stocks lure investors back to Athens exchange

Bailed-out Greece is luring back foreign investors betting on more gains in its bank-dominated stock market and an eventual economic recovery. Athens remains a market more for the likes of hedge funds

17th October 2013
Business

Launch of the biggest university online project in Cyprus

With a new website for European University Cyprus Dynamic Works, a leading provider in Web, Intranet, Extranet, Mobile Apps, CRM (Customer Relationship Management) and Business Management solutions across an ever growing range

17th October 2013
Cyprus
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WTI bounces up on Mideast tensions, fails to tap $72

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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

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