By combining bargain deals, an assortment of different products, and entertainment, while promoting Cypriot products and local culture, City Markets brings its own twist to the trendy local market movements with fun for all visitors and participants alike. City Markets will be organizing festivals in various areas of Nicosia and surrounding cities at least once
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. Women can also help combat the financial crisis By Shadi S. Sarieddine (CPA, MSc, BSc) MBA Candidate-University of Cyprus During this period of discussions for the appointment of the new Board of Directors of the Bank of Cyprus, names are thrown here and there without seemingly having an established, transparent process for doing so.
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Toyota Motor Corp, which introduced most consumers to hybrid technologies with its Prius more than 15 years ago, said on Wednesday that the next generation of that popular series will offer improved fuel economy due to smaller, lighter critical parts that cost less. The next Prius, which is expected in 2015, will include improved batteries
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Media companies, including the New York Times, Twitter and the Huffington Post, lost control of some of their websites Tuesday after hackers supporting the Syrian government breached the Australian Internet company that manages many major site addresses. The Syrian Electronic Army (SEA), a hacker group that has attacked media organizations it considers hostile to Syrian
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Asian shares recouped some of the two previous sessions' steep losses on Thursday as fears abated that U.S.-led forces would soon launch a military strike on Syria, and oil prices retreated from a six-month peak. Emerging market currencies stabilised after their recent battering, with the Indian rupee coming off a record low after the central
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* Battle heats up for board control, old vs. new shareholders * The Bank of Cyprus saga does not seem to let up. With the dust at the island’s main lender just about starting to settle and the market anxiously waiting to see an effective new management that will steer the bank and the economy
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Deposits in the Cypriot banking system in July registered a monthly drop of €956,2 million to €49,74 billion compared with €50,69 billion in June and compared with deposits of €70,56 billion in July 2012. According to figures released by the Central Bank of Cyprus, deposits outflow reached €956,2 million, compared with the reduction of €1,5
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Cyprus’ Foreign Affairs Ministry urges all Cypriot citizens who reside or visit Syria to leave the country immediately, in light of the deteriorating situation. A travel advisory for the Syrian Arab Republic, issued Wednesday by the Ministry notes that due to the absence of a diplomatic mission of the Republic of Cyprus in Syria, the
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By Petros Mavros Martin Coward, the former IKOS chief investment officer has lost his software copyright case against the asset management company and a London court ruling has ordered him to pay 85% of IKOS’s legal costs which now amounts to a hefty 3 mln pounds. Judge Sarah Asplin found in favour of the Cyprus-based
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* Adjustments in Euro area periphery continue, but pre-crisis GDP unlikely in medium term, says Moody's * The countries of the euro area periphery (Cyprus, Greece, Ireland, Italy, Portugal and Spain) have made significant progress towards addressing the internal and external imbalances and the associated losses in competitiveness that were among the drivers of their
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