In February 2009 the industrial turnover index in Cyprus is provisionally estimated to have reached 112.2 (base 2005=100), recording a decrease of 7.6% compared with February 2008. For manufacturing, the index for
Construction materials prices in Cyprus have been falling as metallic and electromechanical product prices decrease. In April the price index of construction materials reached 116.52 units (base year 2005=100), recording a decrease
The leadership of the Cyprus Chamber of Commerce and Industry (KEVE) has expressed to Syrian Minister of Economy and Commerce Amer Husni Lutfi the interest for Cypriot investments in Syria and especially
The newly-elected right-wing government of northern Cyprus said on Friday it was pessimistic that peace talks to unify the island would succeed. Turkish Cypriots recently elected a government backing a two-state arrangement,
The United Nations has urged leaders of divided Cyprus to accelerate unity talks, warning that a settlement will be harder to reach the longer negotiations drag out, a report released on Thursday
Optagius Ltd, Stario Portfolio Investments Public Co Ltd, Yiannos Cassoulides, Alexis Charalambides and Michael Ioannou (Offeror) announced that on May 20, 2009, they jointly proceeded with the purchase of 3,121,437 shares of
Britain's economy shrank at its sharpest pace since 1979 in the first three months of the year with households slashing spending at the fastest rate since 1980 and firms using up stocks
Oil firmed above $61 on Friday as fundamental support came from consumer nations such as China, the United States and Africa's top producer Nigeria after weeks of equity-led rallies. U.S. crude futures
Britain's economy shrank at its sharpest quarterly rate since 1979 in the first three months of the year, official data confirmed on Friday, with household spending falling at its fastest rate since
OPEC ministers are expected to make no change to oil supply when they meet in Vienna next week as higher prices ease their concerns about overflowing fuel inventories and the deepest fall