Oil eased to around $54 a barrel on Tuesday pressured by a stronger dollar and forecasts that U.S. crude inventories probably rose from their highest level in almost two decades. The pullback
The decline in activity in Britain's construction sector slowed markedly in April, a survey showed on Tuesday, helped by improvements in the housing, commercial and civil engineering sectors. The Chartered Institute of
The European Commission (EC) anticipates that in view of the ongoing global crisis, economic growth in Cyprus is expected to slow significantly in 2009 but still remain in positive territory. Cyprus’ GDP
Standard & Poor's cut the ratings on 7 Greek banks and Cypriot banks due to the potential for more loan losses. S&P downgraded the rating of Marfin Popular Bank (MPB) and Marfin
SFS Group Public Company Ltd (SFS) announced that as part of its efforts to raise investment funds for participation in the Shipping sector, the Group has signed a joint venture agreement with
President of the Republic of Cyprus Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat will be meeting on Tuesday for their 27th meeting in the framework of UN-led direct negotiations, with
Chiefs of European Navies (CHENS) 2009 meeting will take place in Cyprus from 7 to 8 May hosted by Cyprus Navy Command of the General Staff of the Cyprus National Guard. According
Pending sales of existing U.S. homes rose in March for a second straight month, a private survey showed on Monday, supporting views the housing market was close to hitting a bottom. The
Manufacturing activity in the euro zone declined at its slowest pace in six months and grew in China and India in April, raising hopes that the sharpest slump in six decades may
The Board of Directors of the Bank of Cyprus will convene on Thursday 28 May 2009 to examine the Bank of Cyprus Group financial results for the quarter ended 31 March 2009
