Industrial production in Cyprus rose for the first time in 17 months in March, according to the latest figures from the Statistical Service. The index of industrial production rose by 6.1% over
Oil fell more than $2 to around $72 on Tuesday, erasing earlier gains, after Chinese and European data raised concerns over the pace of economic growth. China's factories scaled back production last
British manufacturing activity held steady in May at the previous month's 15-year high, a survey showed on Tuesday, but the recovery picture was clouded by signs of accelerating price pressures. The Markit/Chartered
National quantitative aims for energy performance and the new European energy strategy for 2011-2020 were the main topics on the agenda of Monday's EU Council of Energy Ministers. Cyprus was represented at
The cost of protecting government debt against default in France as well as other peripheral euro zone countries rose on Tuesday as investors remained anxious about sovereign ratings. Five-year credit default swaps
International credit ratings agencies sometimes send signals to investors too late, European Central Bank board member Christian Noyer said on Tuesday, days after Fitch downgraded Spain as its government struggles to avoid
Israeli police jailed or deported on Tuesday hundreds of international activists arrested aboard Turkish-backed aid ships bound for Gaza in a naval operation that left nine people dead and sparked world outcry.
Oil held above $74 on Tuesday after Chinese factory data signaled sustained growth at the world's second-largest user, outweighing concerns about a potential slowdown in European economy. Although China's factories scaled back
The euro fell on Tuesday towards a four-year low against the dollar, hurt by fears that the region's sovereign debt problems may spread to the banking system, while the Australian dollar dropped
The euro steadied from recent falls and world stocks were becalmed on Monday with a Chinese warning about risks to global growth and a downgrade of Spain's credit heightening investor caution in
