ESEL-Spolp picks SAP retail solution in Cyprus

SAP associates Supernova Consulting Ltd., have won the contract to install the SAP Business All in One vertical retail solution for the ESEL-Spolp cooperative retail stores chain. The software solution aims to

Qatar sees crude oil price at $70-90/b

Qatari officials believe that a price of 70-90 dollars per barrel is a fair price for its crude exports as the cost of extracting oil is very high. Speaking in Nicosia after

NEWS UPDATE: Paphos gets new airport

President Demetris Christofias inaugurated the new Paphos Airport on Saturday and said that Cyprus should attract tourists from Russia, Ukraine and other countries in order to avert or minimise the consequences of

Europe and Obama: after the honeymoon

. Dr. Jim Leontiades The CIIM Business School Never was there a president elected with higher hopes, not only from his own country but from the world at large. One observer suggested

Bernanke: Central banks ready to act if needed

Federal Reserve Chairman Ben Bernanke said on Friday central bankers around the world were ready to do more to ease severe credit market strains and support faltering economic growth. "The continuing volatility

US Retail sales fall by record 2.8% in October

Sales at retailers suffered a record decline in October, government data on Friday showed, as shoppers reined in spending with home prices falling, although plunging gasoline prices also reduced outlays by consumers.