Oil ticks up as OPEC weighs supply cut

Oil ticked up on Thursday ahead of an emergency OPEC meeting expected to consider supply cuts after a 45 percent drop in prices from record highs hit in July. The Organisation of

Obama lead on McCain grows to 12 points

Democrat Barack Obama's lead over Republican rival John McCain has grown to 12 points in the U.S. presidential race, with crucial independent and women voters increasingly moving to his side, according to

Primetel to proceed with Spidernet bid

Primetel Plc (PTL.CY) announced that the Cyprus Securities and Exchange Commission approved the publication of the Public Offer Document of Primetel for the acquisition of up to 100% of the issued share

Cyprus’ surplus at 3.5% of GDP in 2007

Cyprus recorded a fiscal surplus of EUR537 mln or 3.5% as a percentage of its GDP in 2007, according to Eurostat. This positive development is attributed to increased public revenue. The analysis

Cyprus-UK trade ties can go further

Andrew Cahn, Chief Executive of UK Trade and Investment (UKTI), is confident that there are many ways to deepen and further promote economic and commercial relations between Britain and Cyprus. Here for