Arms dealer claims $600 mln Cyprus fraud

A controversial Russian-born Israeli arms dealer Arcadi Gaydamak has implicated Cyprus in an alleged $600 mln fraud case against him. According to news site Philenews, citing a TV documentary aired recently on

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Jordan offers Cyprus firefighting aircraft

Jordan’s King Abdullah II has offered to station firefighting aircraft in Cyprus through the summer fire season. Minister Ioannis Kasoulides thanked the Jordanian monarch following talks with his Jordanian counterpart, Ayman Safadi.

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Another turbulent day

By Craig Erlam Thursday was another turbulent session after stock markets turned sharply lower on Wednesday with investors fretting over the economic outlook for this year. Results from Walmart and Target this

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UK inflation hits 40-year high

By Craig Erlam European equity markets were a little flat on Wednesday, with inflation data in the morning once again offering a reminder of the struggles that lie ahead. There are also

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Sentiment shaky on growth worries

By Lukman Otunuga, Senior Research Analyst at FXTM It’s a new week but the same old story for financial markets as global growth concerns and inflation fears leave investors on edge. Asian

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