A photo journalist was gang-raped in the Indian city of Mumbai, police said on Friday, evoking comparisons with a similar assault in New Delhi in December that led to nationwide protests and a revision of the country's rape laws. The attack on Thursday night triggered protests and an outcry on social media, with many users
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The rout in emerging markets eased on Friday and world shares headed for a second day of gains, as data suggesting the global economy is improving took the edge off concerns about the impact of a cut in U.S. monetary stimulus. Europe's main stock markets started little changed after Asian shares and currencies saw an
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German Finance Minister Wolfgang Schaeuble said in a newspaper interview on Friday the European Central Bank (ECB) has made clear it will raise interest rates again once the economy improves and that he welcomed that prospect. "Low rates are above all an expression of insecurity on debt markets. That cannot last forever – even if
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Greek Prime Minister Antonis Samaras met Saudi billionaire Prince Alwaleed bin Talal on Thursday to discuss investment opportunities, government officials said, as Athens pushes for foreign investment for its depressed economy. "It was a customary visit, there is interest in investing in Greece," said a government official. The prince, ranked 26th on the Forbes global
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Airline to commence flights to Sialkot from November 2013 Emirates, one of the world’s fastest growing airlines, announced it is to launch services to Sialkot, its fifth route to Pakistan. The service will commence from 5th November 2013 with four weekly flights operated by an Airbus A330-200 aircraft in a two-class configuration – 54 seats
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Sterling slipped from a two-month high against the dollar on Thursday, with the U.S. currency buoyed by Federal Reserve minutes that supported expectations the central bank will soon start unwinding its easy monetary policy. While UK debt yields kept pace with the rise in U.S. yields to hit fresh two-year highs, investors remain confident that
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Professional footballers have been warned by the world players' union FIFPro to think twice before signing to play for clubs in Cyprus, Greece or Turkey. Players were advised to be especially wary of clubs who were not playing in European competition, with FIFPro saying many of those teams have failed to keep their promises. "FIFPro
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The Cyprus Institute established the first Cypriot national supercomputing center by installing and running the most powerful computer open to academia in the Eastern Mediterranean (EM) region. Cy-Tera became available to all scientists in Cyprus from May 2012 to run their scientific applications. Cy-Tera is a hybrid machine introducing novel computational elements so far unknown
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Stelios announced today the extension of the deadline for application for the Stelios Award for Business Cooperation in Cyprus. Bi-communal teams now have 10 more days – until August 31 – to hone and submit their applications. The Stelios Philanthropic Foundation is giving each of 10 entrepreneurial teams a chance to win €10,000 for their
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Nokia plans to unveil new, large-screen mobile handsets next month to revamp its Lumia smartphone lineup and challenge rival Samsung's dominance in increasingly popular phablet devices, sources said. Nokia has developed more than one new mobile device and is due to announce them at an event in New York in late September, said the sources
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