Steve Jobs defended Apple Inc's decision to maintain a $40 billion cash pile and said it was better to save the money for bold risks, like acquisitions, than to spend it on
Cypriot tennis player Marcos Baghdatis has secured a place in the semi-finals of the Dubai Tennis Championships, after beating Germany’s Michael Berrer with 2-0 (7-6 6-1). On Friday at 5 o’ clock
Retail sales in Cyprus dropped in volume terms by 3.3% over the year earlier in December 2009, according to provisional figures from the Statistical Service. This was a milder drop than the
Asian stocks rose on Friday as investors tried to shake off weak economic data in the United States and Europe, but lingering caution about riskier assets supported the safe-haven yen. European shares
Marfin Popular Bank announced on Thursday net profits for 2009 amounting to 173.9 million euro, down by 56% compared to 394.6 mln in 2008. According to the Bank's preliminary financial results for
The Queen of Spain Sofia will visit Cyprus, at the initiative of Nicosia Municipality and the Pierides Foundation. She will attend the opening of the exhibition “Miro of Majocra” of the great
The government and the Cyprus Tourism Organisation will continue in 2010 their targeted and intensified efforts to promote Cyprus as an attractive tourist destination, Commerce, Industry and Tourism Minister Antonis Paschalides said
Petrol station owners terminated on Thursday their strike, reopening their stations after two days of inconvenience to the public. Their strike came after a decree issued by the Minister of Commerce, Industry
The Malta Stock Exchange and the Cyprus Stock Exchange have signed a Memorandum of Understanding, at the Malta Stock Exchange premises in Valletta. According to a press release, the Memorandum of Understanding
Oil fell by around $2 per barrel on Thursday to below $78, dragged lower by concerns over the outlook for the European economy and about the pace of U.S. recovery after a
