Dutch electronics group Philips Electronics said on Tuesday it was recalling several million hair dryers due to safety concerns, but the costs of the recall will not have a material impact. Company
France's government will have to pay out several hundred million euros to compensate farmers hit by its driest spring in 50 years, chiefly livestock breeders who face high feed costs, the agriculture
Greece appears to have agreed a tax cut with its international lenders, aimed at forging a broad consensus for more austerity to avoid a debt default, but the opposition said on Tuesday
* Banks could absorb impact of a 50% Greek haircut * Fitch ratings cut Cyprus's sovereign rating by three notches to A- on Tuesday, saying it was concerned about its banks' exposure
Turnover of legal and accounting services leapt by 12.5% compared with the same period of the previous year in the first three months of 2011, while other data on turnover in services
The Cyprus ship management industry was in healthy shape at the end of 2010, according to latest results from the Central Bank of Cyprus’ Ship Management Survey. Ship management revenues rose in
More than half of female retirees in Cyprus fell into the “at risk of poverty” category in 2009, according to figures just released by the Statistical Service. The rate for retired women
The late Easter seems to have booted outbound tourism in April, with the number of residents of Cyprus returning from a trip abroad jumping by 20.6% to reach 110,672 residents compared with
The construction sector looks set to remain in the doldrums for some time to come as the number of building permits authorised fell compared with the year earlier by 23.4% in May,
Two conferences organised in China, aimed at promoting Cyprus as an attractive investment destination, were wrapped up on Monday. One of the conferences was organised by the Cyprus Investment Promotion Agency (CIPA)
