The Cyprus government signed a Memorandum of Understanding with Total E&P Cyprus B.V. on Thursday for its own production train at the land-based liquefied natural gas (LNG) plant that will be built
A senior United Nations official is reported to have put water in his wine and backed down from pushing through an ultimatum to restart peace talks that caused tension among Cyprus politicians.
Greece's biggest telecoms company OTE reported on Thursday its smallest revenue drop in five quarters, a decline by 5.1% to 1.040 bln euros, helped by improved performance of its operations. "We achieved
Greek riot police stormed the building of former state television ERT on Thursday and evicted dozens of protesters occupying it since June when the government abruptly shut the broadcaster. Scuffles broke out
Coca-Cola HBC , the world's second biggest Coca-Cola bottler, reported a 5% drop in third-quarter net profit on Thursday due to slower growth in Russia and softer demand in markets hit by economic
Asian stocks struggled on Thursday as investors waited for stimulus-sensitive U.S. payroll data, although the euro perked up ahead of the European Central Bank's policy meeting. The Australian dollar fell after a
Recession in the Cyprus economy is expected to deepen this year and the next, with the European Commission’s Autumn European Economic Forecast expecting to see growth again in 2015. According to the
* Eurozone turns corner, but pace slows * The European Union economy has started growing again and following a slow expansion of economic activity during the remainder of 2013, growth is set
In what seemed like a nail-biting thriller, Hellenic Bank, the island's second biggest lender, was rescued by three strategic investors on Friday, barely within a deadline for its recapitalisation set by the
Startup Weekend Cyprus, the local edition of a global initiative encouraging entrepreneurship, will take place in Nicosia on December 6-8 where participants will have one minute to pitch their idea and the
