Sony Ericsson reported progress in its turnaround plan on Friday as losses met expectations, but the mobile phone venture offered a cautious view on 2010 market conditions. Handset makers and chip firms
The industrial turnover Index in Cyprus reached 126.3 (base 2005=100) in October, recording a decrease of 14.4% compared to October 2008. For manufacturing, the index for October 2009 reached 118.2, recording a
The healthcare sector in Cyprus was worth EUR 758.2 mln in 2007, according to the annual report “Economic Statistics on Health” for the year 2007m published by the Statistical Service. The report
The days when high-tech rooms for hotels meant adding a kettle and alarm clock are long gone, with hotels realising guests want far more wizardry in their rooms. Men's website AskMen.com (http://www.aksmen.com)
The EU stands ready to provide all the advice and support possible to find a solution, European Council President Herman Van Rompuy has said. Van Rompuy's remarks came as Cyprus President Demetris
Asian stock markets tumbled on Friday as commodity prices fell and the dollar weakened after U.S. President Barack Obama proposed tough new restrictions on banks, curbing investors' appetite for riskier assets. Japanese
European stocks were slightly higher in early afternoon trade on Thursday, after earnings from Goldman Sachs beat forecasts, but with initial U.S. weekly jobless claims rising. At 1356 GMT, the FTSEurofirst 300
HSBC is launching a new investment grade corporate bond fund, seeking to tap demand from latecomers to a sector which saw dramatic returns last year. The HSBC GIF Global Core Credit Bond
Tourists staying in hotels in Turkish-controlled north Cyprus could be in for a shock along with their bill: a suit brought against them on behalf of Greek Cypriot owners. Greek Cypriot lawyer
Cyprus Communications and Works Minister Nicos Nicolaides has said that as the financial crisis goes on, the shipping industry has to focus on quality, security and efficiency, investing in human resources and
