Cyprus income tax receipts tumbled by 14% year-on-year to EUR 1.84 bln in 2009 from EUR 2.15 bln in 2008, according to the Inland Revenue Department, creating a gap of EUR 310.5
The British Court of Appeal ruled Tuesday that a decision by a Cypriot court, in connection with claims relating to Greek Cypriot owned property in the Turkish occupied north, must be executed.
The costs of construction in Cyprus fell for the first time in ten years in 2009, according to the Statistical Service. For the period January – December 2009, the index fell by
Figures for December confirm that 2009 was a terrible year for car sales, as total registrations of new and second hand vehicles dropped by 25.7% to 50,291 from 67,722 in 2008. Of
U.S. stock index futures fell on Friday as President Barack Obama's proposed sweeping restrictions on banks and the delayed confirmation of Fed Chairman Ben Bernanke put investors on the defensive after a
General Electric Co's quarterly earnings topped Wall Street expectations on Friday, as it kept costs in line despite sluggish demand for jet engines, railroad locomotives and other heavy equipment. The results showed
McDonald's Corp (MCD.N) reported higher quarterly profit on Friday as strength in international markets offset its weakening U.S. business, which is grappling with high unemployment and rampant discounting. The world's biggest hamburger
World stocks added to the previous week's fall on Monday, weighed down by Wall Street losses, uncertainty over U.S. bank plans and concern that Greece's debt crisis could spread. The dollar, which
British car production rose 58.5 percent on the year in December, the biggest rise since May 1976, the Society of Motor Manufacturers and Traders said on Friday. Commercial vehicle production, a smaller
U.S. President Barack Obama's plan to limit financial risk-taking could force banks, such as Goldman Sachs or JPMorgan, to shed parts of their private equity operations. Among the proposals, which require congressional
