Cyprus outbound tourism up 1.4% in October

On the basis of the results of the Passengers Survey, 98,527 residents of Cyprus returned from a trip abroad in October 2008 compared to 97,131 in the corresponding month last year recording

Exploratory surveys in Cyprus’ EEZ continue

The Republic of Cyprus and its government will decisively defend the sovereign rights of the Republic of Cyprus, as these derive by the international law, Government Spokesman Stephanos Stephanou has said, adding

Cyprus Airways pilots strike ends

Cyprus Airways resumed operations midday on Monday after a four-hour work stoppage, carried out by the pilots’ trade union PASIPY . CY Spokesman Kyriakos Kyriakou told CNA on Monday that the national

UK mortgage approvals match series low in Oct

British mortgage approvals fell in October to match their lowest level since the series began a decade ago, data showed on Monday, putting further pressure on policymakers to get banks lending again.

Caramondani to delist from CSE

The CSE Council announced that following the completion of the Public Offer of C.B. Holding towards Caramondani Bros Public Co Ltd (CAR.CY) shareholders and with C.B. Holdings having accumulated 93.81% of CAR’s

Tsokkos Hotels reports loss in 9M08

A. Tsokkos Hotels Public Ltd (TSH.CY) reported its 9M 2008 results with revenue decreasing by 5% to EUR35.6mln due mainly to the decline in revenue from property development, while results deteriorated sharply.

Options revenue up, but profits decline

Options Cassoulides Plc (OPT.CY) reported higher revenue during the first nine months of 2008 but profits fell sharply due to financing costs and exceptional items. Revenue increased 11.3% to EUR30.4mln mainly due