Tourism arrivals in Cyprus fell by 2.2% over the year earlier in December, bringing the cumulative fall for the year to 0.5%. Tourism arrivals totalled 2,403,744 in 2008, of which 1,242,650, or
Pre-Christmas discounts and a cut in sales tax pushed British inflation down by its biggest margin in almost 17 years last month, but the fall was less dramatic than analysts had forecast,
Fears about banks and the world economy underlined the difficulties confronting incoming U.S. President Barack Obama on Tuesday, sending equities sharply lower. The dollar was stronger, however, with Britain's pound plunging on
The music industry needs to learn from the "dark side of the Internet" that has so decimated its business if it is to ever regain the upper hand in the fight against
Apple Inc said on Tuesday it had launched an online shop selling second-hand Apple products in China, offering discounts of up to 22 percent, as it looks to beef up its business
Barack Obama takes over as U.S. president on Tuesday with hopes riding high he can conjure up a rescue that will jolt the world's biggest economy back to life and contain the
German Chancellor Angela Merkel criticised U.S. subsidies to its auto industry on Tuesday, saying the aid threatened to distort competition and was not a long-term solution to the struggling sector's problems. "Europe
British spread betting firm IG Group on Tuesday posted a 21 percent rise in first-half pretax profit to 58.2 million pounds ($84.3 million) and said trading continued to be strong. Howkins told
The European Commission has slashed the Cyprus growth target for 2009 sharply lower to 1.1%, far below the government’s recently adjusted target of 2.1%, after reducing its forecasts for eurozone growth. For
Oil extended losses toward $33 a barrel on Tuesday, after Russia and Ukraine agreed on a gas deal that would help secure supplies to Europe, while no improvement was in sight for
