British High Commissioner Peter Millett announced today the establishment of an English Speaking Union (ESU) branch in Cyprus. Speaking during a press conference, Millet said he was a “bit surprised” that the
European companies must refinance a $3.9 trillion debt mountain over the next three years, casting a dark cloud over the tentative signs of economic recovery in the region, Standard & Poor's said
World stocks fell towards the previous day's three-week low and oil also slipped on Thursday after investors turned nervous in pushing risky assets further before seeing concrete signs of an economic recovery.
European stocks were down 0.5 percent in early trade on Thursday, falling for the fifth session in a row led by energy stocks, in spite of steady oil prices, but the drop
The Swiss central bank called on Thursday for powers to break up banks deemed "too big to fail", joining London and Washington in demanding regulation to ensure institutions look after themselves in
Dow Jones futures rose 0.1 percent and S&P 500 futures also rose 0.1 percent while Nasdaq futures fell 0.2 percent by 0913 GMT, suggesting a mixed start for U.S. stock markets on
Turkey’s claims that it can fly over Cyprus’ sovereign air space is an utter deceit, absolutely illegal and a violation of international conventions and international law, President Demetris Christofias stressed here today.
Cyprus' trade balance presented a deficit of 1.2 billion EUR during the first quarter of 2009, according to data released on Wednesday by Eurostat. The total value of Cyprus' exports reached 200
MIG Aviation 3 Limited, a subsidiary of Marfin Investment Group Holdings S.A. of Greece, has signed a firm order for eight Q400 aircraft from Canada’s Bombardier Aerospace, including five Q400 NextGen turboprops.
Cyprus remains one of the key financial partners for Russia, according to the Vice President of the Russian Chamber of Commerce and Industry Georgi Petrov, who opened a seminar in Moscow on
