With reference to certain Greek reports according to which its subsidiary, Louis Hotels, is in negotiations with another Greek Group, Louis plc denies all allegations on a possible merger or submission of
Sterling rallied to $1.9510 against the dollar and 0.9655 against the euro after the shock decision by the Bank of England to raise UK interest rates to 5.25% from 5% in an
The Commission and EU Presidency are taking joint action to press Russia and Belarus to resolve completely the disputes concerning the Druzhba pipeline. At the same time, the EU convened its Oil
Defence Minister Nicos Symeonides was in a serious but stable condition at the Intensive Care Unit of the Nicosia Generall Hospital this morning, after suffering a small heart attack while undergoing a
Cypriot tennis player Markos Baghdatis lost 2-1 set to Carlos Moya from Spain, in the third round of the Sydney International men’s singles today and was thus knocked out of the tournament.
European Central Bank President Jean-Claude Trichet said interest rates in the 13-nation euro region are still “low” after six increases since the start of December 2005, indicating a further move in coming
EU rules on how banks should charge for cross-border euro payments have brought about significant savings for consumers, without leading to an increase in charges for domestic transfers, according to a European
BREMEN, GERMANY – Germany‘s ‘Die Linke’ party (ex-PDS), during its Congress yesterday, sharply criticized one of its leading members, Hakki Keskin, for denying the Armenian Genocide. The comments by Mr. Keskin, the
The latest figures on consumer prices by origin show that much of the blame for rising prices lies with local producers rather than those selling into Cyprus. Prices of locally produced agricultural
Motorola, Inc. and Warner Music Group Corp. announced a global strategic partnership to create new music-based products and experiences for the mobile platform. This groundbreaking agreement marks the first time a music
