Minister of Communications and Works Nikos Nikolaides welcomed the adoption of the third package of measures on maritime safety by the European Union Transport, Telecommunications and Energy (TTE) Council. The Cypriot Minister
Flagstone Reassurance Suisse SA Limited announced that it has proceeded with a squeeze out for the acquisition of the total issued shares of Alliance International Reinsurance Public Company Limited (ALL). On August
The White House and congressional Democrats on Tuesday night reached an agreement in principle on a $15 billion proposal for bailing out U.S. automakers, officials said. A Bush administration official and a
A general strike shut down Greece on Wednesday, grounding flights, closing banks and schools and restricting hospital services in action that piled pressure on a conservative government hit by the worst riots
The trade deficit in Cyprus widened to EUR 4,727.4 mln in January-September 2008 , compared with EUR 3,827.7 mln in January-September 2007. Total imports/arrivals amounted to EUR 5,601.5 mln in January-September, compared
European Union leaders must show U.S. President-elect Barack Obama they are serious about tackling economic slowdown and climate change by agreeing firm action on both this week, the bloc's executive said on
OPEC needs to make a large cut in supplies at a meeting next week, its third reduction since September, to prevent further falls in oil prices as world demand slumps due to
The Qatar Central Bank and the Central Bank of Cyprus, expressing their mutual interest and willingness in establishing and promoting bilateral ties in the domain of supervision of credit institutions, signed last
Costs for mining firms are sliding, a rare bright spot in a downturn that will help soften the impact of a crash in metals prices, but some improved costs, such as labour,
Registered unemployment rose for the third consecutive month in November, hitting construction and real estate the most. According to the Statistical Service, the number of unemployed registered at the District Labour Offices
