Oil drops towards $68 as dollar bounces

Oil fell more than a dollar toward $68 a barrel on Monday as a rebound in the beaten-down U.S. dollar and nagging concerns that prices may have run ahead of market fundamentals

Cyta in Greece: “We’re here to stay”

After a year of operations in Greece, Cyprus’ state-owned telco, Cyta, announced that it continues to implement its business plan for the Greek market “with great success” and far exceeded its initial

Nicosia Chamber of Commerce gets own centre

Business leaders call for projects to be speeded up in Cyprus The Nicosia Chamber of Commerce and Industry (EVEL) will soon have its own multi-purpose centre within the Strovolos Industrial Estate, which

Subaru dealership changes hands in Cyprus

Mazda distributor Anastasios Stephanides & Son had also taken over the Subaru dealership in Cyprus from NC Kattamis, in an agreement signed last May with Fuji Heavy Industries. The first arrivals of

New Orphanides Express opens in Cyprus

Orphanides Public Company Ltd has opened yet another modern supermarket in Larnaca. This is the Group’s 22nd supermarket and it is located in the Vergina area in Larnaca. The new store aims