Oil dropped to under $69 a barrel on Wednesday, falling back after U.S. industry data showed gasoline reservoirs swelled unexpectedly. By 1125 GMT, U.S. crude for August delivery was down 46 cents
British retail sales fell at an unchanged pace in June, though orders placed with suppliers picked up, a survey by the Confederation of British Industry showed on Wednesday. The CBI's distributive trades
A severe U.S. recession will bottom out this year, but any recovery will be weak due to anemic markets and shrunken consumer wealth, the Organization for Economic Cooperation and Development said on
The Cyprus government has sent before the House of Representatives a Supplementary Budget amounting to EUR 48.4 mln for the hiring of 1,195 new employees in the public sector. The Minister of
President of the European Commission Jose Manuel Barroso will be paying a one-day visit to Cyprus on Thursday, during which he will be meeting with the leaders of the two communities. According
Cyprus and the United Arab Emirates are set to sign two agreements to improve economic ties. Cyprus Minister of Commerce, Industry and Tourism, Antonis Paschalides and the Deputy Minister for Financial issues
Cyprus Interior Minister Neoclis Sylikiotis, who has been under wide criticism over the delay of the issue of title deeds, has lashed back at developers, saying they are as much to blame
President Barack Obama will throw his weight behind legislative bids to reform healthcare and cut U.S. greenhouse gas emissions on Tuesday in his fourth White House press conference since taking office. Obama,
The Extraordinary General Meeting (EGM) of the shareholders of Bank of Cyprus held on 23 June 2009 in Nicosia approved the amendment of the terms of the Share Options Plan for the
The regulations pertaining to the bill increasing the bank deposit guarantee scheme from EUR 20.000 to EUR 100.000 and a faster compensation framework were the subject of discussion at the House Finance
