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La Dolce Vita at risk: Dolce & Gabbana on trial for alleged tax evasion

Fashion gurus Domenico Dolce and Stefano Gabbana are no strangers to spotlight. But this time it’s not about applause on the catwalk, but questioning at the court room, on alleged tax evasion

5th December 2012
Cyprus

Basic hygiene at risk in debt-stricken Greek hospitals

– Supplies of gloves and gowns threatened by budget cuts  – EU officials fear rising rates of superbug infections  – Greek govt says healthcare system is 2 bln euros in debt    Greek

5th December 2012
Business

Euro zone downturn eases slightly in November

The euro zone's economic slump was a little less pronounced in November than previously thought, although there are few signs the region will emerge from recession any time soon, business surveys showed

5th December 2012
Business

Fastjet says in partnership talks with Emirates Airline

Low-cost African carrier Fastjet Plc said it was in potential partnership talks with Emirates Airline, sending it shares up as much as 7 percent on London's AIM. "Talks are at an early

5th December 2012
Business

Typhoon kills at least 283, hundreds missing, in Philippines

Blocked roads and severed communications in the southern Philippines frustrated rescuers on Wednesday as teams searched for hundreds of people missing after the strongest typhoon this year killed at least 283 people.

5th December 2012
Cyprus

Woman listed as world’s oldest person dies in United States at 116

A 116-year-old woman listed by Guinness World Records as the oldest living person anywhere around the globe died on Tuesday in a nursing home in the U.S. state of Georgia soon after

5th December 2012
Cyprus

Greece replaces Bulgaria as lowest-ranking EU state

Greece has scored the worst ranking of all 27 European Union nations in a global league table of perceived official corruption, falling below ex-communist Bulgaria as public anger about graft soars during

5th December 2012
Business

Number of Cypriots living on verge of poverty increases

In the year 2011, 14.1% of Cypriots lived on the verge of poverty, while almost one in four Cypriots met at least one of the three community criteria for poverty, according to

5th December 2012
Cyprus

Next annual conference of Energy Charter to take place in Cyprus

The 23rd annual Conference of the Energy Charter, the most prominent international energy organization for the cooperation on energy investments and trade, took place recently in Warsaw. EU Member States participated under

5th December 2012
Cyprus

Campaign launched to promote Cypriot and Greek products

A campaign titled "We buy our own products" is being launched in Cyprus and Greece, and will continue through 2013, with an aim to help the two countries` economies, which are facing

5th December 2012
Cyprus
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