China will launch its next manned rocket in the middle of this month, carrying three astronauts to an experimental space module, state media said on Monday, the latest stage of an ambitious plan to build a space station. The Shenzhou 10 space ship and its rocket had already been moved to the launch area at
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Turkish protesters clashed with riot police into the early hours of Monday with some setting fire to offices of the ruling AK Party as the fiercest anti-government demonstrations in years entered their fourth day. Turkey's streets were calm in the morning after a night of noisy protests and violence in major cities. In the western
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Three storm chasers were among 13 people killed by tornadoes that rampaged through central Oklahoma on Friday, underscoring the high risk of tracking tornadoes and forcing the media to rethink how they cover deadly twisters. Tim Samaras, 55, a leading storm chaser and founder of the tornado research company, Twistex, was killed in the Oklahoma
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Workers at internet retailer Amazon.com's German operations are set to hold a third one-day strike on Monday in a dispute over pay and benefits. Trade union Verdi has called on workers at Amazon's logistics centres in Leipzig and Bad Hersfeld to stop working from 0400 GMT. About 600 workers at Amazon's facilities in Bad Hersfeld
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Sell in May? They certainly did in emerging markets. But unlike in the old adage, they are likely to sell in June and July too if investment returns in the once-hot sector keep getting slammed by moves in U.S. bond yields and the dollar. Emerging currencies have crashed to multi-month and even multi-year lows against
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Asia's factory sector lost momentum in May as new export orders in the trading bellwethers of China, Taiwan and South Korea fell or cooled, reinforcing the view that the world economic outlook is dimming in the second quarter. The HSBC China purchasing managers' index (PMI) fell in May to 49.2, the lowest level since October
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Capital controls imposed on the Cyprus banking sector should be lifted as soon as possible, provided the sector is stabilized, Association of Cyprus Banks Director General Michael Kammas has said. "Capital controls should be lifted as soon as possible provided the system is stabilized first," Kammas said in an interview with CNA, noting that although
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John Tomich, head of US Noble Energy, announced on Saturday that an oil rig will arrive later today on location to carry out an appraisal well in Cypriot block 12 gas field. After discovering a gross reserve of 7 trillion cubic feet (tcf) in late 2011 in A1 well in block 12, Noble will carry
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Cyprus' transport sector declined by 5.6% in the period of January – March 2013, figures released Friday by the Statistical Service show. According to the indices compiled by CyStat, Land Transport fell by 5.4% in January – March, sea transport plunged by 52.7%. On the contrary air transport registered a marginal increase by by 0.6%.
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Nobel prize Laureate and University of Cyprus European Union Studies professor, Christophoros Pissarides, has secured a €2.2 million grant for a research project concerning employment in Europe, from the European Research Council` Advanced Grant. According to a UCY press release this is the biggest research funding granted by the ERC Advanced Grant to the University.
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