The Italian coastguard rescued almost 500 migrants crammed into five small inflatable boats off the Sicilian coast in the Mediterranean Sea after receiving distress calls overnight, the coastguard said on Thursday. Coastguard
Microsoft today announced leadership changes in both Cyprus and Malta. Georges Petrakides, previously the Enterprise Partner Group (EPG) Lead for Microsoft Cyprus, is the new Country Manager for the country. George has
Important personalities at the Global Russia Business Meeting With the participation of over 300 personalities from 40 countries, the international meeting “Global Russia Business Meeting 2013” begins on Sunday and wraps on
Four Japanese automakers including Toyota Motor Corp, and Nissan Motor Co are recalling 3.4 million vehicles sold around the world because airbags supplied by Takata Corp are at risk of catching fire
Fallout from the messy bailout of Cyprus will top the agenda of a two-day EU finance ministers meeting in Dublin beginning on Friday, with focus also on growing German reluctance over euro
Shipping, along with tourism, are the two sectors where one can currently see growth potential in Cyprus after the severe blow to the island’s financial sector, according to the president of the
Credit rating agency Standard & Poor’s revised the outlook on the long-term rating on Cyprus to stable from negative, saying that the immediate risk of a sovereign default has receded. At the
EU Finance Minister, meeting in Dublin on Friday, are expected to reach a political agreement on a Memorandum of Understanding with Cyprus. However, the final decision is anticipated at the end of
The Central Bank of Cyprus has made it clear that any sale of its gold reserves concerns the Bank and nobody else. “The sale of gold held by the Central Bank is
A total of 14.622 families all over Cyprus will be benefited through the Cyprus Aid charity concert organized in Nicosia on April 1st. At the concert, people offered non perishable goods, medicine
