. The noise over the procedure and last-minute political appointments by the outgoing administration could very well turn out to be another scene from a contemporary edition of Shakespeare’s “Comedy of Errors”. The president, in between his busy schedule of ribbon-cutting ceremonies, has drawn the ire of all his political opponents for appointing loyal centralbanker
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* Nereids ready, 86 mln euros sales so far * Limassol Marina has welcomed its first residents with the delivery of the 94 luxury apartments and penthouses at Nereids Residences marking the beginning of the project’s first operational year. “We have delivered on time and we feel very proud to be among the best-selling developments
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Kanika Developments has recently expanded its portfolio with the acquisition of a residential project in one of the most sought-after areas of Limassol, the Kanika Agios Athanasios Residence. All occupants can enjoy picturesque views stretching from Limassol to the Mediterranean Sea, while serving as a perfect gateway from the hectic pace and noise of the
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* Cyprus to become innovation hub for new product development * The Shacolas Group and joint venture partner Panos Germanos of Greece, have agreed to sell the remaining 50% in MTN Cyprus to the MTN Group, making it a wholly-owned subsidiary of the South Africa-based telecom giant. The deal, worth 73 mln euros, involves the
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Disgraced cyclist Lance Armstrong on Thursday was sued by a company that paid him about $12 million for three of his seven Tour de France wins that have since been stripped from him for his use of banned drugs. SCA Promotions Inc, in a suit filed in Texas state court in Dallas, alleges Armstrong and
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A small asteroid will pass closer to Earth next week than the TV satellites that ring the planet, but there is no chance of an impact, NASA said Thursday. The celestial visitor, known as 2012 DA14, was discovered last year by a group of amateur astronomers in Spain. The asteroid is about the size of
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In 2013, Porsche China expects to continue building upon its successes from the past year and further establish its position as the leading luxury sports car maker in the market. The marque set another sales record in 2012, delivering a total of 31,205 cars across mainland China, Hong Kong and Macau, realising a growth rate
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A ferry carrying more than 50 people sank on Bangladesh's giant Meghna River on Friday after colliding with a sand barge and dozens were missing, officials said. About half the passengers managed to swim ashore and a search had been launched, said Mohammad Saiful Hassan Badal, administrator of Munshiganj district, where the accident happened. The
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European Union leaders have agreed the broad lines of a deal on the bloc's budget for 2014-202 that would fix total EU spending at 960 billion euros over the seven-year period. "We feel pretty confident that we have the framework for a deal," said one EU official speaking on condition of anonymity. "The deal is
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The euro hovered near a two-week low and European shares rose on Friday after the European Central Bank rekindled expectations that it could again take the knife to interest rates. Strong Chinese trade data also helped lift optimism about global growth prospects, boosting oil, copper and Asian shares, although investors booking profits before next week's
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