Bank of Cyprus, the one-time darling of the Cypriot economy that has suffered two waves of shareholder bail-ins, announced Tuesday a first-quarter loss of €26 mln as coronavirus began to bite. This
When the government issued a tender for the supply of 420 automatic vehicle locators (AVL) to improve the efficiency of its fleet, it seems it got more than it bargained for, according
Revenues from Cyprus ship-management companies, by far the biggest money earner for the maritime cluster, reached an all-time high of €581 mln in the second half of 2019, up €58 mln from
By Josep Borrell The contrast between the silence of Europe’s streets and squares and the tumultuous, painful reality in many of its hospitals is heartbreaking. COVID-19 has not only Europe but the
This year promises to be one of major change at the Deputy Ministry of Shipping, as major restructuring is underway to make the government’s maritime arm more efficient, while tax incentives are
By Hussein Sayed, Chief Market Strategist at FXTM Traders and investors are bracing for a volatile week ahead as several events may determine the direction of markets for the foreseeable future.
By Lukman Otunuga, Senior Research Analyst at FXTM Trump strikes positive tone on trade talks OPEC gearing up for deeper output cuts Saudi Aramco Raises $25.6 Billion in World’s Biggest IPO Gold