The Cyprus Football Association is hosting the 12th International Football Tournament, comprising the national teams of Cyprus, Serbia, Ukraine and Slovakia. Cyprus will face Serbia tomorrow (19:00 local time -1700 GMT) at Nicosia's GSP Stadium, while Slovakia will face Ukraine at Limassol Tsirio stadium. On Wednesday, February 11, the winners of the two matches will
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Britain is at risk of a deeper-than-expected recession as a continued dearth of bank credit exacerbates falls in house prices, consumer spending and business investment, the UK's Financial Services Authority said. In a report outlining the main risks facing the UK economy and financial system in 2009, the FSA said on Monday that while economists
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Microsoft Corp is planning to offer new programs and services for mobile phones, including an "online bazaar" for software, the Wall Street Journal reported on Sunday. The online bazaar would be for phones running Microsoft's Windows Mobile operating system, the Journal said, citing people familiar with the matter. Microsoft will also soon offer its latest
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European shares were lower early on Monday, depressed by oils which sagged on lower crude prices and by a cautious mood ahead of the approval of Washington's economic stimulus package. By 0932 GMT, the pan-European FTSEurofirst 300 index of top shares was down 0.3 percent at 823.78 points after gaining 2 percent on Friday. Top
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Equities were weaker in Europe and Japan on Monday but emerging markets were putting in a fifth consecutive day of gains, reflecting what some analysts see as a gradual return of investor risk appetite. The dollar was stronger against a basket of major currencies but the Japanese yen gained. Caution remained over the contents of
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Pandora Investments Public Ltd (PND) announced a preliminary agreement between University of Pittsburg Metical Centre (UPMC) and Paphos Plantations Ltd, subsidiary of the Company, for the construction of a Medical specification centre, which will be part of the Neapolis project of Leptos Group of Companies, in the Geroskipou area. The signing of the agreement between
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British bank Barclays Plc reported a 2008 profit of 6.1 billion pounds ($9 billion), ahead of analysts' forecasts but down 14 percent on the year after 5 billion pounds of writedowns. Barclays said it expected 2009 to be "another challenging year" with credit market losses set to shrink but bad debt charges likely to rise
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Asian stocks rose on Monday amid hopes that a massive U.S. stimulus package would bolster the global economy, while the dollar retreated after hitting a one-month high against the yen. Hong Kong shares added 0.7 percent, heading for a fourth day of gains and their longest winning streak in two months. But gains in equity
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The Obama administration pushed back the announcement of a keenly awaited bank rescue plan until Tuesday as it pressed lawmakers to settle their differences over a huge economic stimulus package. "We're focused on working with Congress to pass an economic recovery bill so we can create the jobs and make the investments necessary to get
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Wines o fthe week – Restaurant review The test of a well-run restaurant is quite simple. Go when there are very few customers and see how the staff do their job and how you are made welcome. Stay, if you can, until the place is full up and assess the staff performance again. If they
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