The Brazilian aircraft manufacturer, Embraer, displayed its latest 100-seat passenger jet, the 190, to a crowd of aviation industry experts and the press last week, as part of its four-month world demonstration tour. The purpose-painted jet, that is part of a four-type family of next-generation aircraft that can seat 70 to 120 passengers, took off

Capital Intelligence, the international emerging markets rating agency, has assigned a negative outlook to Hungary’s long-term foreign currency rating of A- (A minus) following concerns about the deterioration in the country’s fiscal and current account positions and the associated increase in government and external indebtedness. In line with this action, the outlooks on the A-

Consumer price inflation eased for the second consecutive month in September, as prices rose by 2.38% compared with September 2005, having risen by 3.1% in August. Inflation therefore fell back below 3% for eth first time since April. Compared with the previous month, the consumer price index for September 2006 rose by 1.17 or 1.15%

The Cyprus Statistical Service has announced that it has published the annual report “Industrial Statistics 2005”. The report provides detailed statistical data on the developments in the broad industrial sector covering manufacturing, mining and quarrying, electricity and water. The major developments within each sector during 2005 compare to 2004 were as follows. Mining and quarrying

The ‘wind of change’ that swept through the Bank of Cyprus Pcl board leading to the resignation of three directors and the Chairman relinquishing his position is expected to sweep through other banks as well. While the board changes were forced on the BOC by Central Bank Governor Christodoulos Christodoulou, intent on forcing bank boards

By Dr Panikkos Poutziouris The research investigation into UK Family Controlled Quoted Companies, in cooperation with the Institute for Family Business (UK) and with the support of UBS-Wealth Management, reveals that family shareholding control is stimulus to higher shareholders returns. In a nutshell, the Family Business Index reveals that family controlled – PLCs outperforms their