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Cyprus at forefront of natural gas development in the region, says President

Current activity clearly indicates that Cyprus will be at the forefront of natural gas resource development in the Eastern Mediterranean region, Cyprus President Nicos Anastasiades has said. In an address at an

9th April 2013
Cyprus

Natural gas proceeds can boost the economy, says Noble

Natural gas proceeds can give a boost to the economy, according to Noble Energy CEO Charles Davidson. Davidson, who was addressing an Eastern Mediterranean Gas Conference in Nicosia, said that according to

9th April 2013
Cyprus

FTSE gains as miners boosted by China, Alcoa

Britain's top share index rose on Tuesday, as heavyweight miners led the index higher following encouraging data out of China and a good start to the U.S. earnings season in the sector.

9th April 2013
Business

Hong Kong shares up 0.7% in first gain in 4 days

Hong Kong shares posted their first gain in four sessions on Tuesday as slower-than-expected inflation in China eased concerns about potential tightening moves in the world's second-largest economy. The Hang Seng Index

9th April 2013
Business

Gay rights activists, topless protesters greet Putin

President Vladimir Putin defended Russia's treatment of homosexuals on Monday in Amsterdam, where 1,000 gay rights activists waved pink and orange balloons and blasted out dance music to press home their protest.

9th April 2013
Cyprus

“Iron Lady” Thatcher mourned, but critics speak out

Britain and admirers worldwide are mourning Margaret Thatcher, who has died aged 87, as the "Iron Lady" who rolled back the state and faced down her enemies during 11 years as Britain's

9th April 2013
Cyprus

Obama makes ‘last-ditch’ push in Connecticut on gun control

President Barack Obama, his voice rising with emotion, urged Americans to pile pressure on a reluctant Congress on Monday to approve new gun control legislation that is at risk of falling victim

9th April 2013
Business

JetBlue Airways will get first U.S.-made Airbus jet

JetBlue Airways Corp Chief Executive Dave Barger said on Tuesday that his airline will receive the first U.S.-assembled Airbus jet, which will roll off the assembly line in 2016. Barger spoke at

9th April 2013
Business

North Korea warns foreigners to quit South

North Korea warned foreigners in South Korea on Tuesday to quit the country because they were at risk in the event of conflict, the latest threat of war from Pyongyang. Soaring tensions

9th April 2013
Business

Japan’s quake-crippled nuclear plant “losing faith” in leaking water pits

The company that runs a Japanese nuclear power plant destroyed by a tsunami two years ago said on Tuesday it was losing faith in temporary storage pits for radioactive water – but

9th April 2013
Business
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Dollar losing its shine amid rising US-Iran tensions

The financial markets’ reaction to intensifying US-Iran tensions has revealed

Geopolitics overshadow data releases

Markets turned risk-averse at the beginning of the week as

WTI hits $75.50 amid Mideast tensions

West Texas Intermediate (WTI) climbed above the $75.00 mark on

Euro lower as BoE remains cautious

The Euro edged lower against the British Pound on Thursday,

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