There is big savings potential in the administrative burden Cypriot companies bear, worth up to 155 million euros per year, a study by auditing company KPMG has shown. The study was commissioned
Austrian Foreign Minister Michael Spindelegger is arriving on Thursday, March 24, in Cyprus, on an official visit where he will meet his Cypriot counterpart and UN officials. According to an official announcement,
* Sativex launches seen in Denmark, Germany, Sweden in 2011 * Austria, Czech Republic, Italy to follow in 2012 GW Pharmaceuticals Plc's pioneering cannabis drug Sativex has been recommended for approval in
China's Foreign Ministry on Tuesday said that it could not accept accusations from Google Inc that the Chinese government was making it difficult for Gmail users to access the service in the
Japanese stocks jumped more than 4% on Tuesday amid reports of progress in stabilising an earthquake-damaged nuclear plant and the yen edged up, putting traders on heightened alert for more central bank
India's government introduced a wide-ranging tax bill into parliament on Tuesday, but opposition to the move threatened to derail what is one of the coalition's most ambitious reforms of its second term.
The euro zone's permanent bailout fund, the European Stability Mechanism, will be backed by paid-in and callable capital and offer loans more cheaply than the temporary facility does now, a euro zone
Moody's Investors Service has downgraded the foreign-currency (FC) deposit ratings of five Egyptian banks by one notch to B1 from Ba3. These are National Bank of Egypt, Banque Misr, Banque du Caire,
Industrial turnover rose by 4% in 2010, according to the latest figures from the Statistical Service, whereas industrial output in the same period dropped by 0.8%. In December alone, the industrial turnover
The communist-led Cyprus government said on Sunday it opposed any use of the two British bases on the island to enforce a no-fly zone over Libya but conceded it had no power
