. Everybody keeps on saying that the tourism industry is vital to the island’s economy and that it needs all the support it can get, yet when it comes to actually pumping
Real Madrid remains the world’s largest revenue generating football club, according to the latest Football Money League from Deloitte. Manchester United and Barcelona finished second and third in the report, which ranks
SAP globally, as well as in Greece and Cyprus, recorded high growth rates, which reached double digits during the financial year 2008. Specifically, SAP AG recorded revenue of EUR 8.46 bln from
Louis is planning a special 10-day ‘pilgrimage’ cruise that will start from Limassol on March 29 and visit some of the most important Greek islands and Constantinople. Priced at 699 euros per
Cyprus’ three largest banks have increased their spreads charged on corporate loans and facilities from 1.5% to 2.5% in an attempt to protect margins, which in effect means that the recent decline
Trade missions abroad organised by the Cyprus Chamber of Commerce and Industry (KEVE) are aimed at promoting Cyprus as a business centre and also to attract foreign direct investments into the country,
Moody's Investors Service has lowered changed its Industry Sector Outlook for the global integrated oil and gas industry to ‘negative’ from ‘stable’. This change in outlook reflects Moody's view that weaker crude
Factbox Russian President Dmitry Medvedev said on Friday officials were working too slowly to ease the economic crisis. Russia's $1.7 trillion economy is set to contract this year for the first time
U.S. consumer prices rose in January as energy costs rebounded, government data showed on Friday, temporarily easing fears of deflation amid a severe economic downturn. The Labor Department said its closely watched
Latvia's coalition government collapsed on Friday after the prime minister resigned to stem a fall in popularity during a deep economic crisis. President Valdis Zatlers said he had accepted Prime Minister Ivars
