. By Dr Olga Kandinskaia Cyprus International Institute of Management (CIIM) This particular question has been asked so many times since February 1, 2012, when the famous social network announced its decision to go public. Articles by experts placing the valuation at $100 bln have caused a storm of comments in the media. The long-promised
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. The anti-austerity wave that is sweeping across Europe could spell more trouble for the Euro zone as ignorant politicians are riding the popularity train and demanding that taxes be hiked in order to finance future growth plans. And where will the growth come from if taxpayers can no longer afford to pay more? As
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. BY SHAVASB BOHDJALIAN Greek voters punished the mainstream parties and rejected the tough austerity package dictated by the Troika, with New Democracy and Pasok losing their majority in parliament. Though the election result was well expected, with the runner up, the left wing Siriza dead against the euro aid package, it will be interesting
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The Society of Trust and Estate Practitioners (STEP) is holding its annual STEP Conference in Limassol this week, the first time the event is being held in Cyprus. The conference, sponsored by Laiki Bank, will take place on May 10-11 at the Le Meridien Limassol with the participation of more than 250 delegates from Cyprus
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The working groups for the EuroAsia Interconnector energy bridge have been set up and work is already underway for the technical and financial studies to go ahead according to plan. These will be presented to the governments of Israel, Cyprus and Greece by the end of the year, the project’s Steering Committee heard at its
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Radamel Falcao's golden boot and coach Diego Simeone's tactical nous helped dominant Atletico Madrid claim a second Europa League title in three seasons with a commanding 3-0 win over fellow Spaniards Athletic Bilbao on Wednesday. Colombian striker Falcao struck two superb goals, having also hit the winner for Porto in the 2011 final before a
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Wreckage of a Russian Sukhoi aircraft with about 50 people on board was found on Thursday strewn on a steep ridge on a mountain south of the Indonesian capital where it crashed during a demonstration flight. There was no sign of survivors. The Superjet 100 aircraft, Russia's first all-new passenger jet since the fall of
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Asian shares struggled on Thursday, as a weak Chinese trade data stoked fears of a growth slowdown and further undermined risk appetite already reduced by worries about the health of Spanish banks and deepening political chaos in Greece. European shares will likely open mixed, with financial spreadbetters predicting that major European markets would open between
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Two explosions shook the Syrian capital Damascus early on Thursday and smoke could be seen rising from the site of one of the blasts in the south-west of the city, residents said. There was no immediate information on casualties but the residents told Reuters security forces were sealing off the affected areas and at least
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Vidal Sassoon, hair stylist and fashion world pioneer who created a natural look in the 1960s and built a multimillion-dollar business on his name, died on Wednesday after a long battle with leukemia. He was 84. Sassoon died at his home in Los Angeles surrounded by loved ones and his wife of 20 years, Ronnie,
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