The Nicosia District Court has remanded Suphire boss Yiannos Andronikou in custody for eight days in custody to assist police with their investigation into the case of CYP 9.2 mln said to be missing from the Electricity Authority of Cyprus (EAC) pension scheme, and which had been put in the care of his company, Suphire.

A large explosion at a BP refinery plany in Texas City, Houston on Wednesday could push the prie of gasoline (petrol) up even higher than its recent peaks, with gasoline futures prices rising late yesterday. The explosion happened early Wednesday afternoon US time, killing 14 people and leaing over 100 injured. The cause of the

Cyprus may tap the domestic bond market by issuing a rare 15-year bond in mid-April, but has no immediate plans to issue longer-term bonds, a finance ministry source told Reuters. The finance ministry is contemplating a 15-year bond aiming to raise CYP 50 mln around April 18. The yield on the last 15-year bond issue