Home prices unexpectedly slipped in December but the annual rate of decline slowed, reinforcing the housing market's rocky road to recovery, Standard & Poor's/Case-Shiller indexes showed on Tuesday. The S&P composite index
Britain's recovering housing market could dip again because would-be buyers will struggle to get mortgages, Bank of England policymaker and house market expert Kate Barker said on Tuesday. House prices in Britain
The Bank of England may have to restart its asset-buying programme if the economic outlook worsens, Governor Mervyn King said on Tuesday. The central bank paused its 11-month-old 200 billion pound asset-buying
Oil broke a five-day rally on Tuesday, although prices were supported near $80 by ongoing strikes by French oil workers, which could close over half of the country's refining capacity. U.S. crude
Cyprus has recorded one of the highest decreases in the EU as regards the number of nights spent in hotels in 2009. According to Eurostat, the statistical office of the European Union,
The European Commission has announced that a total of 188 Turkish Cypriot farmers and rural enterprises have been awarded EU funding to help bring their operation in line with EU standards and
The leaders of the two communities in Cyprus, President Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat, will resume on Wednesday the negotiating process to find a mutually acceptable solution to
Representatives of the Central Cooperative Bank members approved the Bank's accounts, with Minister of Commerce, Industry and Tourism Antonis Paschalides calling on the cooperative movement to take the initiative in efforts to
Marfin CLR Public Co Ltd (LI), Cyprus’ largest financial services company in terms of daily transacted volume on the CSE reported its indicative 2009 results with profit after tax coming in at
The Board of Directors of Vassiliko Cement Works Public Company Ltd approved the results for 2009, which amounted to EUR5.9 mln profit after tax compared to EUR 5.68 mln in 2008 despite
