Business - Page 2155

Oil stays below $50 a barrel mark

Oil prices have slipped back from record levels, narrowly avoiding a breach of the $50 a barrel mark. Fresh violence in Iraq triggered yet another oil price surge on Friday, before dealers

Oil nears key $50-a-barrel mark

Fresh violence in Iraq has seen oil prices surge to new records, nearing $50 a barrel. New York light crude reached $49.27 a barrel for the first time in European trading, following

SAFS to establish insurance agency in Greece

The Board of Directors of SAFS Holdings Ltd decided to proceed to the establishment of an insurance agency in Greece, which will represent foreign insurance companies in the general and life sector

Cyprus construction output rose 11.9% in 2006

The Cyprus Statistical Service Cystat has published the annual report “Construction and Housing Statistics, 2006€. The report contains detailed data on the construction sector, pertaining, inter alia, to output, capital formation, inputs,