The Central Bank of Cyprus has concluded a Memorandum of Understanding with the Guernsey Financial Services Commission (GFSC) and the Polish Financial Supervision Authority for the supervision of credit institutions. The Memorandum
The broad transport, storage and communication sector registered in 2007 an increase of 16,9% on the gross output, at current prices and amounted to c£1.275,9 mn (€2.180,0 mn) in 2007, compared with
Cyprus President Demetris Christofias has expressed concern that there may be delays in the implementation of the agreement reached between him and Turkish Cypriot leader Mehmet Ali Talat concerning the opening of
Major European industrial groups reported lower profits on Thursday despite some stabilisation due to cost-cutting and government help, and said they did not expect a quick economic recovery. Updates from engineering, oil,
World stocks and commodity prices rose on Thursday after China's central bank reaffirmed its commitment to "appropriately loose" monetary policy and European company earnings cheered investors. The dollar and government bonds fell.
Oil rose towards $64 a barrel on Thursday, supported by stock markets in Europe and Asia after better than expected corporate results. The rally followed a drop of almost 6 percent on
British telecoms group BT posted a better-than-expected 3 percent fall in first-quarter adjusted core earnings and said it had made a good start to its cost cutting programme, sending its shares soaring.
Britain's top share index gained 0.5 percent in early deals on Thursday fueled by strength in miners and energy issues after results from Royal Dutch Shell, with investors digesting a slew of
World stocks and commodity prices rose on Thursday after China's central bank reaffirmed loose monetary policy and European corporate earnings cheered investors, while the dollar and government bond prices fell. The People's
Cyprus President Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat will hold on Thursday their 39th meeting in the framework of UN–led direct negotiations aiming to solve the problem of Cyprus,
