European shares eased and the single currency softened on Wednesday as the region's sovereign debt worries and its weaker economic outlook weighed on investors ahead of a German bond sale that will
The International Monetary Fund (IMF) projects that Cyprus’ economy will shrink by 1,2% in 2012 and will grow by 0,8% in 2013. According to April 2012 edition of the IMF World Economic
The Lord Mayor of the City of London David Wootton and the City of London Corporation’s Policy Chairman Stuart Fraser will travel to Cyprus for a three-day visit next week (22-24 April)
The Cypriot and the Israeli Foreign Ministers discussed here today the issue of shared development and exploitation of hydrocarbon deposits in the cross median line of the two countries and a mutual
March 2012 annual inflation in Cyprus recorded an increase compared to February. According to Eurostat, the statistical office of the European Union, annual inflation in Cyprus rose in March at 3.5% compared
As astronaut Leroy Chiao watches the space shuttles he crewed make their final journeys to become museum pieces, he worries humankind is unthinkingly ditching space exploration and a future beyond Earth. After
Japan said on Tuesday it will provide $60 billion (37 billion pounds) in loans to the International Monetary Fund, becoming the first non-European nation to commit money to boost the fund's financial
Sweden's IKEA IKEA.UL, the world's largest furniture maker, is set to enter the consumer electronics market with products developed in co-operation with China-based TCL Multimedia IKEA officials said. IKEA, known the world
. The troubled national carrier has brought in Lufthansa Consulting to advise it on future prospects, hopes for survival and possibly growth. We don’t know how much LC is being paid for
. BY SHAVASB BOHDJALIAN Cyprus’ three largest banks, Bank of Cyprus, Popular Bank and Hellenic Bank are involved in ambitious capital raising exercises to cover massive losses sustained on their Greek sovereign
