Less tourists visit Cyprus in January 2010

Arrivals of tourists reached 45.952 in January 2010, compared to 47.066 in January 2009, recording a decrease of 2,4%, according to the Statistical Service. A decrease of 10,2% was recorded in tourist

U.S. new jobless claims, producer prices surge

The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, while producer prices increased sharply in January, raising potential hurdles for the economic recovery. Initial claims for

Moody’s upgrades Oman sovereign ratings

Moody's Investors Service has raised Oman's local and foreign currency government bond ratings to A1 from A2. The country ceiling for foreign currency bank deposits has also been lifted to A1 from

Dollar rises; earnings help Europe stocks

The dollar rose across the board on Thursday as robust U.S. economic data raised the prospect of the withdrawal of monetary stimulus, while some positive earnings results boosted European stocks. The euro