British mortgage approvals unexpectedly fell in December, the first drop since November 2008, suggesting the last year's rebound in the housing market may be petering out, though there was a surprise increase
“Poti is ideal as a base to serve promising region” Georgia aspires to become an attractive base for Cyprus-based companies willing to take advantage of its Free Industrial Zone at the port
HK ranked “World’s Freest” for 16th time The Heritage Foundation ranked HK as the world's freest economy for the 16th consecutive year in its 2010 Index of Economic Freedom published last week.
Commerce, Industry and Tourism Minister Antonis Paschalides announced the reduction of electricity prices by 1%. Replying to questions, Paschalides explained that the Cyprus Organisation for the Storage and Management of Oil Stocks
Future scenarios resurface Intense activity during the past week on the shares of Hellenic Bank Public Co. Ltd. (HB) have revived talk of various scenarios regarding the bank’s future, while at the
Poland’s Itaka, “others” keen to invest State-owned carrier Eurocypria plans to fly to Tehran and Kenya this year, as the airline attracts fresh charter business from its existing client list of central
Cyprus Investment company assets showed a very small increase for the whole of 2009, showing once again that the portfolio mix of the 14 companies listed on the Cyprus Stock Exchange is
The U.S. economy likely grew at its fastest pace in nearly four years in the fourth quarter as businesses made less-aggressive cutbacks on inventories, a government report is expected to show on
British house prices jumped at their sharpest pace in five months in January and consumer confidence rose more than expected, in a sign the economy got off to a good start in
A top European Union official said on Friday there was no risk that Greece would default or leave the euro zone and the country's finance minister said he was not aware of
