Swiss banks are worried that new Swiss regulations on staff bonuses to limit excessive risk-taking go too far and could put the country's key financial industry at a disadvantage to international peers.
The number of U.S. workers filing new claims for jobless benefits fell last week, but a surprise drop in sales of existing homes in August suggested the economy's recovery from a severe
Finance Ministers from Commonwealth countries will meet in the southern coastal town of Limassol, between 30 September to 2 October 2009 to share and learn from their experiences in responding to the
The web check-in service of Cyprus Airways, introduced at local airports, is being extended to European airports, a Cyprus Airways press release said here Thursday. Every Cyprus Airways passenger can choose, from
Britain's economy is showing signs of recovery, but any improvement is likely to be small compared to the sharp drop in output caused by the global financial crisis, Bank of England Governor
Oil prices extended losses and fell closer toward $68 a barrel on Thursday, as data showing an unexpectedly high build up in U.S. oil and products stockpiles reminded traders that oil prices
The Cyprus tennis national team will face the corresponding team of Egypt for the 2010 Davis Cup games, in the Euro/Africa Zone second division of the world tennis cup. At the moment,
The price index of construction materials for August 2009 reached 117.43 (base year 2005=100.00), recording an increase of 0.28% over the previous month. However, compared with the same period of the previous
On the basis of the results of the Passenger Survey, revenue from tourism reached EUR 234.8 mln in August 2009 compared to EUR 278.0 mln in the corresponding month of the previous
Travelling abroad on holiday was not as fashionable among Cypriots in August 2009 as it was in August 2008, according to the latest figures from the Statistical Service’s Passengers’ Survey. According to
