Cyprus‘s newly elected President Demetris Christofias said on Thursday he was likely to meet Turkish Cypriot leader Mehmet Ali Talat later in March, the first such meeting on the island in years.
Cyprus’s economy would gain at least 1.8 billion euros on an annual basis if there were a reunification deal on the ethnically-partitioned island, economists said. Economic benefits would come mainly from new
The European Central Bank kept interest rates at 4.0 percent on Thursday as expected, as risks to economic growth are not yet big enough to overshadow the Governing Council’s worries about inflation.
Inflation in Cyprus reached 4.9% in February 2008, compared to 1.5% recorded in February 2007. According to figures released by the Cyprus statistical service (CyStat), for the period January-February 2008, the Consumer
Vodafone Australia has appointed Ericsson as the primary hardware and software vendor to support its national mobile broadband rollout, based on High-Speed Packet Access (HSPA) technology, which is being fast-tracked for completion
By Christina Fincher LONDON, March 5 (Reuters) – Growth in Britain’s service sector picked up to its fastest pace in five months in February and inflation pressures surged at their strongest in
Financial market focus shifted to the U.S. economy’s key services sector on Wednesday as European investors took stocks higher after five days of losses and oil clambered above $100 a barrel again.
Oil steadied above $100 on Wednesday as OPEC ministers indicated they were likely to keep output unchanged despite U.S. calls for action to reduce crude prices. U.S. light crude for April rose
By John Whitesides, Political Correspondent WASHINGTON, March 5 (Reuters) – Hillary Clinton swept critical showdowns with Barack Obama in Ohio and Texas on Tuesday to keep her Democratic presidential bid alive, and
By Nick Carey CHICAGO, March 5 (Reuters) – As the U.S. housing meltdown forces hundreds of thousands of Americans from their homes, the extent to which fraud was a factor in the
