The Bank of England held interest rates at 5.25 percent, but is widely expected to cut them by the middle of the year to shore up an economy buffeted by the global
The European Central Bank kept interest rates at 4.0 percent on Thursday as expected, as risks to economic growth are not yet big enough to overshadow the Governing Council’s worries about inflation.
Inflation in Cyprus reached 4.9% in February 2008, compared to 1.5% recorded in February 2007. According to figures released by the Cyprus statistical service (CyStat), for the period January-February 2008, the Consumer
Vodafone Australia has appointed Ericsson as the primary hardware and software vendor to support its national mobile broadband rollout, based on High-Speed Packet Access (HSPA) technology, which is being fast-tracked for completion
EUR/CHF plunges sharply lower  Cypriot speculators are in for a rough ride this year – in addition to the more than 30% hit from the drop in local equity prices, they
European Finance Ministers approved the Cyprus Stability Programme for the period 2007-2011, which aims to maintain the budget surplus and the gradual reduction in public debt by 2011. The Cyprus programme was
Following the completion of the public offer submitted by N.K. Shacolas (Holdings) Ltd (NKS) Public for control of the majority shares of Cyprus Trading Corporation Pcl (CTC), the acquirer, NKS announced that
Federal Reserve districts all saw decelerating economic growth in early 2008, even as prices pressed upward almost everywhere, the central bank’s “Beige Book” report on economic conditions said on Wednesday. “Reports from
By Christina Fincher LONDON, March 5 (Reuters) – Growth in Britain’s service sector picked up to its fastest pace in five months in February and inflation pressures surged at their strongest in
Financial market focus shifted to the U.S. economy’s key services sector on Wednesday as European investors took stocks higher after five days of losses and oil clambered above $100 a barrel again.
