Cyprus industrial turnover down 14.4% in October

The industrial turnover Index in Cyprus reached 126.3 (base 2005=100) in October, recording a decrease of 14.4% compared to October 2008. For manufacturing, the index for October 2009 reached 118.2, recording a

US Jobless claims unexpectedly rose last week

The number of U.S. workers filing new applications for unemployment insurance unexpectedly rose last week as claims delayed from the year-end holidays were pushed through, government data showed on Thursday. Initial claims

Obama to target excessive financial risk-taking

President Barack Obama, reeling from an election defeat in the Senate, will propose stricter limits on financial risk-taking on Thursday in a move that may recall Depression-era curbs on banks. The president

University of Cyprus Library receives award

The Library of the University of Cyprus has received the European Foundation for Quality Management (EFQM) award “Recognised for Excellence” with three stars. The University of Cyprus Library is the first library