Public stores initiated their online operation at www.public-cyprus.com.cy , bringing to Cyprus the latest technology and expertise in the field of e-Commerce. Another myth in being debunked: that Cypriot people do not shop online. There, where previous e-commerce experiments remained unfinished or failed, Public goes online, wins friends and reinserts Cyprus on the map of
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The market has experienced substantial volatility in the past few days on the back of Federal Reserve Chairman Ben Bernanke’s statement last week that the Fed intends to taper economic stimulus later this year. Although he has not said when the stimulus will be completely withdrawn, this news has spurred US dollar strength and dragged
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. Book Review By Socrates Coudounaris Every once in a while, a new book emerges, which breaks away from the mould of a textbook approach to risk management and corporate governance codes. “Corporate Risk and Governance: an End to Mismanagement, Tunnel Vision and Quackery” by Alan Waring (www.gowerpublishing.com/isbn/9781409448365) is more of a ‘thinking aid’ rather
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Cyprus has confirmed that the National Hydrocarbons Company (KRETYK) will be “the commercial arm of the government” and that it will have a “substantial role” to play in the future development of oil and gas discoveries and exports. The clarification from Energy, Trade and Tourism Minister George Lakotrypis ends weeks of political wrangling over Kretyk’s
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The Greek island of Mykonos is expecting 1 million tourists during the summer as yacht owners and cruise ship passengers make up a much bigger proportion of visitors to Greece According to the Guardian, long before the setting sun turns the sky above Mykonos into a blaze of crimson, they begin to arrive: super-yachts
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– Gold, silver prices hit lowest since August 2010 – Biggest physical gold fund sees strongest outflow in 2 mths – Indian buying curbed by strong rupee, government policy Gold fell to its lowest in almost three years on Wednesday and was on course for a record quarterly loss after U.S. data reinforced expectations for
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The European Union will try on Wednesday to heal a Franco-German split over sharing out the costs of future bank failures under a regime to avoid taxpayers having to fund yet more bailouts. Finance ministers from the 27 member countries will start what are likely to be tough talks in the evening after all-night negotiations
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A former U.S. spy agency contractor sought by Washington on espionage charges appeared on Wednesday to be still in hiding at Moscow's Sheremetyevo airport and the national airline said he was not booked on any of its flights over the next three days. Edward Snowden fled to Hong Kong after leaking details of secret U.S.
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A Memorandum of Understanding (MoU) for the Cyprus LNG terminal was signed on Wednesday, in Nicosia, between the Republic of Cyprus and Noble Energy, Delek Drilling and Avner Oil Exploration. Energy Minister George Lakkortypis, representing the Cyprus government, said during the ceremony that the LNG terminal in Vasilliko, in the southeastern shores of Cyprus, is
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European Union farm ministers reached a revised negotiating position as the clock struck midnight on Tuesday, raising hopes that a new common agricultural policy will be agreed on Wednesday as talks moved to Brussels. "We now have a clear updated mandate … There's lots of momentum here," Irish farm minister Simon Coveney, who chairs the
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