Cyprus business confidence worsens in August

The business confidence index deteriorated by 6.4 units in August 2009 to 60.8 units according to the Business and Consumer Survey conducted by the Economic Research Centre of the University of  Cyprus

Cyprus beer consumption down in Jan-July

A 10.9% fall in tourist arrivals has taken its toll on consumption of locally produced beer in Cyprus, with local consumption in January-July 2009 down 11.9% over the same period of the

Obama to renominate Bernanke as Fed chief

U.S. President Barack Obama will nominate Ben Bernanke to a second term as chairman of the Federal Reserve on Tuesday, seeking to keep him in place to steer the world's largest economy