Cyprus construction prices down in April

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

Turkish Cypriots pessimistic on unification talks

 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,

Oil up above $61 as China’s demand rebounds

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