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Small islamist party endorses technocrat as Egypt PM

Egypt's Nour Party, the country's second-biggest Islamist group after the Muslim Brotherhood, said on Tuesday it would accept the choice of former finance minister Samir Radwan as interim prime minister. Nour Party

9th July 2013
Cyprus

Asian shares track Wall Street gains, worries over China

Asian shares gained on Tuesday, taking heart from a rally on Wall Street spurred by strong U.S. job data last week, while the U.S. dollar held near a three-year high against a

9th July 2013
Business

Cyprus Finance Minister: No delay in implementing the program

Cyprus has made progress and has already implemented some very tough but necessary decisions, Minister of Finance Harris Georgiades has said. Georgiades who attended Monday the Eurogroup meeting said "I see no

9th July 2013
Cyprus

Research and Development Activity in Cyprus at low levels during 2011

Total R & D expenditure in Cyprus in 2011 is estimated at €88,9 mn which corresponds to 0,49% of the Gross Domestic Product, compared to €86,2 mn or 0,50% of the GDP

9th July 2013
Cyprus

Transparency: Arab Spring adds to corruption rise

The Arab Spring has seen levels of corruption rise dramatically, even though anger with corrupt officials was a major reason for the uprisings, according to a survey released on Tuesday. The poll

9th July 2013
Cyprus

Dijsselbloem: Decision on disbursement of second tranche for Cyprus in Vilnius

Eurogroup President Jeroen Dijsselbloem said that the body will seek a political decision on the disbursement of the second tranche of the Memorandum of Cyprus on 13 September in Vilnius, Lithuania. Dijsselbloem

9th July 2013
Cyprus

M&S looks for new clothing strategy, sales fall

British retailer Marks & Spencer on Tuesday posted an eighth consecutive quarterly fall in underlying sales of general merchandise, though the outcome did represent a slowing in the rate of decline. The

9th July 2013
Business

Turkey reopens Istanbul park at heart of protests

Turkey reopened an Istanbul park at the heart of last month's demonstrations against Prime Minister Tayyip Erdogan and protest leaders called a rally there for Monday evening in defiance of the city

8th July 2013
Business

Cypriot MP says EU natural gas more important

If the natural gas of Asian countries is important for Europe, then the natural gas deposits of a member of the EU, which are closer, are twice as important, President of the

8th July 2013
Cyprus

Greek state workers protest layoffs demanded by EU/IMF lenders

Thousands of Greek municipal workers and state school teachers took to the streets of Athens on Monday to protest against the public sector layoffs that the government has promised its international lenders

8th July 2013
Business
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Latest News

  • WTI rally slows down as Tehran leaves door open to diplomacy
  • Cyprus NPLs drop marginally to €830 mln
  • Gold under pressure on inflation, Iraq supplies, Iran crisis
  • Burnham should keep Miliband “out of the Treasury”
  • Soft US CPI data supports sterling, weak dollar

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Popular

WTI rally slows down as Tehran leaves door open to diplomacy

West Texas Intermediate traded around $81.30 on Monday, down 0.54%

Cyprus NPLs drop marginally to €830 mln

Non-performing loans in Cyprus remained almost unchanged at €830 mln

Gold under pressure on inflation, Iraq supplies, Iran crisis

Gold is down 0.7% to near $4,030 in European trading

Burnham should keep Miliband “out of the Treasury”

Markets will breathe a sigh of relief if incoming UK

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