U.S. monthly trade gap smallest since 1999

The U.S. trade gap narrowed unexpectedly to $26 billion in May, the smallest since November 1999, as exports rose and domestic demand for foreign goods slumped, government data on Friday showed. The

Cyprus votes for smoking ban

The House plenary, after a long debate, approved on Thursday by majority vote a new law banning smoking completely in all closed public places. The law is set to come into effect

EIB loans Cyprus banks EUR228 mln for SMEs

The European Investment Bank signed a EUR228 mln loan agreement with Cypriot commercial banks on Friday, part of a broader strategy to boost liquidity to European small to medium size enterprises. As