Oil hits 2009 high, rises above $58

Oil rose above $58 a barrel on Thursday, hitting a fresh 2009 high, as signs of economic improvement in the United States boosted expectations of future increases in demand for oil products.

Cyprus property sales slump 55% in April

The number of property sale contracts in April fell 54.9% Year-on-Year according to the Cyprus Land Registry Department. This follows the 64.7% reduction in the number of property sale contracts in the