Cyprus industrial turnover down 10.8% in April

The industrial turnover index of Cyprus is provisionally estimated to have reached 115.2 (base 2005=100) in April, recording a decrease of 10.8% compared with April 2008. For the period January-April 2009, the

Cyprus looks to new law to net loan sharks

EU member Cyprus plans to legislate against usury after an apparent spike in cases of people struggling with costly debt from loan sharks profiteering during the financial downturn. Although there is no

UK retail sales surge in June heatwave

British retail sales jumped at three times the rate analysts expected in June as hot weather and early summer discounting boosted sales of clothing, official data showed on Thursday. The Office for

Provident Investments moves HQ to Cyprus

Provident Investments, the Swedish investment firm has moved its Head Quarters base to Nicosia, Cyprus offering an international platform for financial investments in all assets on markets in over 120 countries. “We

Orgy cruises cause a stir in Cyprus

Cypriots are in a lather over claims of wild sex orgies by tourists on Cyprus's high seas, giving the Romans a run for their money. Photographs documenting the sexual escapades of groups