Cyprus services turnover down 0.9% in Q1

Turnover in the general services sector dropped by 0.6% in January – March 2010 compared with the same period of 2009 according to the Statistical Service. The general turnover index does not

ECB warns of more bank loan losses

The European Central Bank warned on Monday that euro zone banks face up to 195 billion euros in a "second wave" of potential loan losses over the next 18 months due to

Apple says sold 2 million iPads

Apple Inc said it sold 2 million iPads since launching the touch-screen tablet in the United States nearly two months ago and taking it to nine international markets this past weekend. The

Cyprus travel abroad down in ashy April

Travel abroad from Cyprus fell in April, probably as a result of delayed and cancelled flights as a result of ash from an Icelandic volcano. According to the Statistical Service, 91,737 residents