Hermes Cyprus to build 5-star hotel at Larnaca airport Sarkozy invited to airport opening on November 7 French president Nicolas Sarkozy has been invited to inaugurate the 656-million-euro new terminal building at
Sweden, holder of the European Union presidency, wants to ditch a proposed borrowing limit for hedge funds in a move that will please Britain but anger France and others seeking tougher control
Britain's government must keep borrowing until recovery is entrenched, and one set of good economic data will not be enough to show this, finance minister Alistair Darling told Reuters on Wednesday. Darling
European shares closed higher on Wednesday, with oils gaining as crude rose to more than $80 a barrel, and as U.S. companies continued to beat forecasts for third-quarter earnings. The FTSEurofirst 300
Britain's top share index closed 0.3 percent higher on Wednesday, lifted by forecast-beating results from U.S. banks Morgan Stanley and Wells Fargo. The FTSE 100 closed 14.45 points firmer at 5,257.85, after
The latest data from the Statistical Service show that there was a steep decline in motor vehicle registrations in the first nine months of 2009. Total registrations of motor vehicles during the
The Cyprus industrial turnover index for July 2009 reached 144.5 (base 2005=100), recording a decrease of 11.7% compared to July 2008. For the period January-July 2009, the index recorded a decrease of
Many of the world's wealthiest investors remain traumatised by the losses they sustained during the financial crisis and are clutching on to safe, low-yielding assets rather than taking any risks. Wealth managers
Recent trading patterns broke at least temporarily on Wednesday with both the dollar and world stocks slipping, the latter weakened particularly by falling emerging markets. Wall Street looked set for a negative
Stock futures fell on Wednesday as growing concern about a market consolidation loomed despite another round of solid quarterly earnings. Yahoo Inc (YHOO.O) jumped 4 percent to $17.82 in premarket trade after
