The index of industrial production for May 2009 reached 102.7 (base 2005=100), recording a decrease of 10.4% compared to May 2008, according to the latest data from the Statistical Service. For the
Shipping traffic in Cyprus fell in 2008 according to the latest statistics from the annual Transport Statistics report. During 2008, 4,052 vessels arrived at the various ports of Republic of Cyprus controlled
U.S. stocks headed for a higher open on Monday as solid results from major European banks and expectations of a sales rebound for Ford Motor Co (F.N) reinforced hopes that the recession
Google Inc Chief Executive Eric Schmidt is resigning from Apple Inc's board of directors, Apple said, citing increased competition between the two leading technology companies. Apple CEO Steve Jobs said that with
Oil's positive correlation to equities has been the most striking in decades, but it will end, probably when economic recovery becomes a reality rather than an expectation. The more lasting — but
President of the House of Representatives of Cyprus Marios Garoyian discussed on Monday with his Maltese counterpart Louis Galea parliamentary cooperation but talks between the two Speakers focused on the construction of
Executive Director of FRONTEX Ilkka Laitinen will pay an official visit to Cyprus on August 5 and 6, accompanied by associates, during which he will hold a series of meetings, focusing on
Oil rose to a one-month high to top $71 a barrel on Monday as positive Chinese economic data and firmer equities bolstered hopes of economic recovery and higher energy demand. U.S. crude
China's factory output surged for a fourth month in July, data showed on Monday, while two of Britain's biggest banks emerged from a year of financial turmoil in profit but damaged by
Britain's blue chip shares hit a new high for the year in midday trade on Monday, as gains in Barclays and HSBC led a rally in the banking sector, while rising commodity
