Oil above $71 on inventory drop, Nigeria

Oil rose above $71 a barrel on Wednesday following a large drop in crude inventories in the United States, the world's top energy consumer, and output disruptions from militant attacks in Nigeria.

EU and Turkey agree on opening taxation chapter

Turkey has to implement fully the Additional Protocol to the Association Agreement in a non-discriminatory manner, Czech Foreign Minister Jan Kohout, whose country holds the rotating presidency of the EU, has said.

Cyprus business delegation to visit Romania

Commerce, Industry and Tourism Minister Antonis Paschalides departs Wednesday for Romania on an official visit, heading a business delegation organised by the Ministry in cooperation with Cyprus Chamber of Commerce and Industry