Cyprus Airways leases two aircraft

Cyprus Airways Public Ltd (CAIR) announced that it has signed a Letter of Intent with an Irish company for the leasing of two A320 aircrafts for a six-month period with an option

Asian shares tumble on financial woes

Asian shares fell on Tuesday, with Japan's Nikkei flirting with a 26-year low, as concerns grew about the global financial system, while emerging currencies such as the South Korean won extended their

New Jordan cabinet aims to tackle economic ills

Jordan's prime minister reshuffled his cabinet on Monday, appointing new finance, foreign and interior ministers to give himself more scope to tackle social and economic problems, officials said. The changes were aimed