Asian stocks rose on Monday as investors looked past the Federal Reserve's discount rate hike to signs of strength in the U.S. economy, while the euro firmed on talk that a quick
Industrial turnover continued to decline in November, according to the latest figures from the Statistical Service. The industrial turnover index reached 117.5 (base 2005=100), recording a decrease of 11.2% compared with November
The EU-harmonised inflation rate accelerated in January, reaching 2.5%, compared with just 1.6% in December 2009 and 0.9% in January 2009. The main reason was a big jump in housing, electricity, water
Tourism revenue followed January downwards in January, falling by 4.9% over the year earlier to EUR 29.7 mln in January 2010 compared with EUR 31.2 mln in January 2009. Tourism arrivals in
December figures for building permits in Cyprus show that total building permits authorised inched up by 0.6% over the year earlier in 2009, reaching a total of 8,950 compared with 8,896 in
— Investors have paid the highest price for an inner-city plot in Nicosia when they bought a parcel of 2,000 sq.m. off Makarios Ave. for a record EUR 18.25 mln. The
. BY GEORGE MOUSKIDES Following the positive developments for the Greek Cypriot side in the Orams case, understandably one might ask whether the legal property issues may give a push to the
For the past six years, Professor Yair Aharoni, a world authority in business management, has been visiting Cyprus twice a year to examine and report to an international academic council on the
Patrick Borg Hedley has been appointed as the new Lufthansa General Manager for Cyprus, replacing Kathrin Pfeiler. During a corporate event in Nicosia attended by associates and Miles & More partners, Hedley
The European insurance giant Eureko and Rodardo Ltd. have concluded an agreement for the sale of 98.9% of the share capital of Interlife Insurance Co. and 100% of the road assistance network,
