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Economic interdependence between Greek and Turkish Cypriot communities

The Cyprus Chamber of Commerce and Industry (CCCI) and the Turkish Cypriot Chamber of Commerce are calling for proposals for the preparation of two studies for the economic interdependence between the Greek

1st July 2009
Cyprus

EU revises shipping taxation guidelines after Cyprus input on tonnage tax

A European Commission revised guideline – approving the application of tonnage tax – is an acknowledgement of Cyprus' expertise in shipping and in particular ship management, Cypriot maritime officials have said. After

1st July 2009
Business

Athens and Cyprus stock exchanges expand their cooperation

Cyprus and Athens Stock Exchanges have expanded their cooperation framework by signing additional agreements. A joint announcement says that the two stock exchanges decided to sign the additional agreements “recognizing the mutual

1st July 2009
Cyprus

”Cats” musical on stage in Larnaca, Cyprus

Andrew Lloyd Webber's renowned musical ''Cats'', based on Old Possum's Book of Practical Cats by T.S. Eliot, will be on stage in Cyprus as part of the 2009 Larnaca Festival. ''Cats'' first

1st July 2009
Cyprus

Commission calls for smoke free Europe by 2012

The European Commission has adopted a proposal for a Council Recommendation calling on all member states to bring in laws to protect their citizens from exposure to tobacco smoke by 2012. EU

1st July 2009
Cyprus

US job cuts disappoint, mortgage applications fall

U.S. private employers cut almost half a million jobs in June and mortgage applications fell to a seven-month low last week, dampening hopes the economy was emerging from its worst slump since

1st July 2009
Cyprus

U.S. mortgage applications fall to 7-month low

U.S. mortgage applications plunged to a seven-month low last week as demand for home refinancing loans tumbled 30 percent, data from an industry group showed on Wednesday. The drop does not bode

1st July 2009
Cyprus

Oil rises above $71 on US inventory drop, Nigeria

Oil rose above $71 a barrel on Wednesday following a large drop in crude inventories in the United States, the world's top energy consumer, and output disruptions from militant attacks in Nigeria.

1st July 2009
Cyprus

World stocks begin Q3 on upbeat note, oil climbs

World stocks began the third quarter on an upbeat note on Wednesday with European and emerging market shares rising around 1 percent and oil climbing on hopes for a recovery in demand.

1st July 2009
Business

U.S.-Russia trade has grown, despite strains

President Barack Obama travels to Russia next week for talks with Russian President Dimitry Medvedev on nuclear disarmament and a range of other issues. Here are some facts on trade between the

1st July 2009
Business
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WTI trades with caution at $64 as tariff deadline nears

West Texas Intermediate futures on NYMEX, exhibit a sluggish performance

Markets complacent over Iran, wider global risks

Financial markets are showing a deeply concerning level of complacency

Yen weakens on slowing safe-haven demand

The Japanese Yen remains on the back foot against its

Ceasefire sinks dollar

The euro-dollar currency pair extended its gains for the fourth

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