CI professor wins Landau Prize

Dr Zev Levin, a professor affiliated with the Cyprus Institute (www.cyi.ac.cy) was recently awarded the Landau Prize in Israel for his seminal contributions in water research over 35 years on the formation

More free baggage on board Emirates

Emirates has increased its free baggage allowance from the start of May, raised to 30kg for Economy Class passengers, 40kg for Business and 50kg for First. "We will be allowing travelers to

U.S. consumer prices unchanged in April

U.S. consumer prices were unchanged in April as expected, but recorded their largest 12-month drop since 1955, government data showed on Friday, as sluggish consumer demand limited companies' pricing power. The Labor

Cyprus escapes recession in Q1

The Cyprus economy narrowly escaped contraction in the first quarter of 2009, with a seasonally adjusted growth rate of 0.01% over the previous quarter, according to the “flash estimate” released on Friday.

European recession deepened in first quarter

Europe sank deeper into recession in the first quarter of this year, official GDP readouts showed on Friday, as tumbling German exports and business investment plus another drop in French economic output

German GDP plunges record 3.8 pct in Q1

Slumping exports pushed German gross domestic product (GDP) down 3.8 percent in the first quarter of 2009, a far steeper drop than economists had forecast and the economy's worst performance since reunification