Assumptions by the global bond manager Pimco that real estate prices in Cyprus will fall off by a further 30-40% is grossly exaggerated, according to the Association of Valuers and Property Consultants.
Above the Black Sea city of Sochi, one of Russia's richest men is spending billions of roubles to turn a patch of mountainside into a global showpiece. Metals magnate Vladimir Potanin has
French energy giant Total is expected to start drilling for natural gas exploration in the eastern Mediterranean near the Cyprus coast some time in 2014, while the construction of a gas terminal
Standard & Poor’s said that Cyprus faces a “substantial and rising risk” of default on its public debt, especially if the Eurozone and the International Monetary Fund do not provide the necessary
Thousands of Greeks took to the streets of Athens on Wednesday during a nationwide strike against wage cuts and high taxes that kept ferries stuck in ports, schools shut and hospitals with
One of the most powerful figures on the global wheat market, Nomani Nomani, said on Wednesday he has left his job as vice chairman of Egypt's state grains buyer GASC, at a
U.S. stock index futures were little changed on Wednesday, ahead of data on the housing market and inflation, as well as minutes from the Federal Open Market Committee's January meeting. Housing starts
Pirates who kidnapped six foreign sailors from an oil servicing vessel off the Nigerian coast on Sunday are demanding 200 mln naira ($1.3 mln) for their release. One Russian, three Ukrainian and
Organisers are about to close the entries for the annual British Businesswoman of the Year Awards in Cyprus that will be announced during a prize-giving ceremony at Elea Golf Estate in Paphos
Yiorgos Lillikas, the candidate with the third-best results in Sunday’s first round of the presidential elections with a quarter of the votes, is expected to launch a new centre party within the
