Industrial turnover outpaces production

The industrial turnover index (comprising mining and quarrying, manufacturing, and electricity, gas and water supply) reached 116.3 units (Base 2000=100) in August 2006, recording an increase of 7.3% compared to August 2005.

G20 fails to comment on euro/yen

The dollar rose against the yen as the market brushed off a weekend meeting of Group of 20 countries that discussed currency values but offered few surprises. The euro climbed broadly, pushing

Athena pays huge fees to HB, SFS

Athena Investment Fund Pcl (ATH) reported a spectacular increase in the first nine month profits, which allowed the company to declare a 1.25c or 2.16 euro interim dividend for a fantastic 4.5%

Gulf and Russian tourists flock to Cyprus

Offsetting a poor year    Arrivals of tourists in Cyprus fell for the third consecutive month in October, falling by 3.2% year on year to reach 283,049, compared with 292,273 in October