Cyprus has received expressions of interest from ten companies for a project to build an oil storage terminal together with the government, providing a capacity of at least 300,000 cubic metres. The
The Cyprus Statistical Service has revised up its initial estimate for real GDP growth in the fourth quarter of 2.5% from an initial flash estimate of 2.1%. On a seasonally and working
Euro zone leaders are set to agree a "competitiveness pact" at a summit on Friday and will push Portugal to announce new reforms to increase market confidence as they seek to draw
A massive 8.9 magnitude quake hit northeast Japan on Friday, causing many injuries, fires and a four-metre tsunami along parts of the country's coastline, NHK television and witnesses reported. There were several
* Buys slots from Olympic Aegean Airlines is launching a direct daily flight from Larnaca to London’s Heathrow later this month, following its purchase of airport slots from Olympic Air. The 168-seat,
Brent crude futures slipped on Thursday but remained above $115 a barrel, as forces loyal to Libyan leader Muammar Gaddafi launched a fresh bombardment on the eastern Libyan oil town of Ras
Ten MPs from the Greek ruling Socialist party Pasok urged the government on Wednesday to sue ratings agency Moody's for slashing the country's credit rating by three notches on Monday, pushing borrowing
All shops in England will be banned from openly displaying tobacco products by April 2015 as part of a government package of measures to cut smoking. The Department of Health, announcing the
Cyprus Airways broke even in 2010, lifted by a state bailout given to the cash-strapped national carrier because of a ban in flying over Turkey. The national carrier, which is majority controlled
* Key is stabilising economy, lowering borrowing costs Ratings agency Fitch is almost certain to downgrade Cyprus's sovereign credit rating, Finance Minister Charilaos Stavrakis said on Tuesday. "I consider it inevitable that
