By Lukman Otunuga, Research Analyst, FXTM The Greenback held steady against its major counterparts on Friday, as investors awaited the heavily anticipated US employment report (non-farm payrolls) in the afternoon for further insight on the health of the American job market. With the disappointing ADP data showing that US private employers added 158,000 jobs
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The romance of a roadtrip is for many hard to resist. Adventure, the open road, endless possibilities, people to meet and places to discover. The love affair may end though, once the intrepid traveller is forced to pull into the petrol station. Depending on which country you’re in at the time, the cost of fuel
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Large firms must make information about the tax they pay in each country in the world, publicly available, MEPs said after a debate and vote in the European Parliament plenary on Tuesday. They backed a proposal requiring multinationals to report their tax bills on a country-by-country basis – with possible exemptions in the case
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* French giant strikes big with $5 bln deal in Iran * Total SA, the French energy giant that signed a $5 bln deal in partnership with China National Petroleum Corporation (CNPC) to develop the colossal South Pars offshore field for Iran, said that it is going ahead with its exploration programme within the Cyprus
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June data revealed weaker growth momentum across the UK construction sector, with business activity, new work and employment all expanding at slower rates than in May, according to the Chartered Institute of Procurement and Supply, CIPS. Survey respondents commented on signs of renewed risk aversion among clients, reflecting concerns about the economic outlook and heightened
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. The ‘Nimby’ approach to climate change and the fact that the not-in-my-back-yard mentality continues to rule in Cypriot society, could not have been debunked at a better time, with the temperatures soaring to a record 44.6C on Sunday. The increasing rate of heat waves, evident in recent years, also proves that every little
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. By Antonis Loizou F.R.I.C.S. – Antonis Loizou & Associates Ltd – Real Estate Valuers & Estate Agents During a recent holiday, I visited Protaras Beach (Paralimni village) within the very heart of the tourist area, where most of the hotels and entertainment establishments are located. The government has recently constructed a 5 km footpath
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The resort town of Paphos, popular for family vacations and host to the European Culture Capital of 2017, has reached a point where it has to stop holiday reservations, as hotels are fully booked, the town’s mayor Phedon Phedonos said. Speaking on the sidelines of the launch of this year’s 19th annual opera, Mozart’s
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* Escalating U.S. – China tensions and their repercussions on the dollar and gold * By Hussein Sayed, Chief Market Strategist at FXTM Equity investors have entered the third quarter with an optimistic attitude. Despite the low trading volumes and shortened U.S. trading session, stocks across Europe and the U.S. posted considerable gains sending the
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* 200 staff defy union walk-out * Hellenic Bank, the island’s third largest lender that escaped a state bailout when the banking system collapsed in 2013, has sold its non-performing loans and real estate management business to a joint venture controlled by Czech distressed debt and recovery experts APS Holding s.a. The distressed portfolio
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