Noble Energy said on Tuesday it has submitted a proposal to provide natural gas from Cyprus` offshore block 12 for power generation purposes. The government has been exploring the possibility of natural
The Economic and Financial Affairs Council of Ministers (ECOFIN) adopted on Tuesday regulations creating a single supervisory mechanism (SSM) for the oversight of banks and other credit institutions. SSM comprises one of
Τhe contraction of the GDP of Cyprus is expected to be 2% less than assumed, said Finance Minister Harris Georgiades on Tuesday evening in an event organised in London by CIPA. “It
Central Bank of Cyprus Governor Panicos Demetriades has received an application for a new bank license. According to CBC press release issued here on Monday, Demetriades welcomed the submission of the application
Management of Hermes Airports (control of Larnaka International Airport and Pafos International Airport) participated again this year in the “Routes World” annual networking conference for representatives of airlines, airports and state officials.
The result of last week's FOMC Minutes in the US was largely centered on Janet Yellen's nomination as the next Chairwoman of the Federal Reserve. Whilst estimates foretold that QE tapering was
Burberry Group said its chief creative officer Christopher Bailey would become chief executive, following the departure of long-standing boss Angela Ahrendts to Apple. The British fashion house said on Tuesday Ahrendts would
A strong earthquake measuring 7.2 struck islands popular with tourists in the Philippines on Tuesday killing at least 20 people, some while praying in a centuries-old church, officials said. Low-rise buildings collapsed
Asian shares rose to their highest in nearly five months on Tuesday on heightened hopes for a deal in Washington to reopen the U.S. government and avert a possible debt default, though
German Chancellor Angela Merkel's conservatives and the Social Democrats (SPD) said early on Tuesday they were likely to hold a third round of talks later this week to explore the possibility of
