June data revealed weaker growth momentum across the UK construction sector, with business activity, new work and employment all expanding at slower rates than in May, according to the Chartered Institute of Procurement and Supply, CIPS. Survey respondents commented on signs of renewed risk aversion among clients, reflecting concerns about the economic outlook and heightened
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. The ‘Nimby’ approach to climate change and the fact that the not-in-my-back-yard mentality continues to rule in Cypriot society, could not have been debunked at a better time, with the temperatures soaring to a record 44.6C on Sunday. The increasing rate of heat waves, evident in recent years, also proves that every little
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. By Antonis Loizou F.R.I.C.S. – Antonis Loizou & Associates Ltd – Real Estate Valuers & Estate Agents During a recent holiday, I visited Protaras Beach (Paralimni village) within the very heart of the tourist area, where most of the hotels and entertainment establishments are located. The government has recently constructed a 5 km footpath
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The resort town of Paphos, popular for family vacations and host to the European Culture Capital of 2017, has reached a point where it has to stop holiday reservations, as hotels are fully booked, the town’s mayor Phedon Phedonos said. Speaking on the sidelines of the launch of this year’s 19th annual opera, Mozart’s
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* Escalating U.S. – China tensions and their repercussions on the dollar and gold * By Hussein Sayed, Chief Market Strategist at FXTM Equity investors have entered the third quarter with an optimistic attitude. Despite the low trading volumes and shortened U.S. trading session, stocks across Europe and the U.S. posted considerable gains sending the
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* 200 staff defy union walk-out * Hellenic Bank, the island’s third largest lender that escaped a state bailout when the banking system collapsed in 2013, has sold its non-performing loans and real estate management business to a joint venture controlled by Czech distressed debt and recovery experts APS Holding s.a. The distressed portfolio
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By Hussein Sayed, Chief Market Strategist, FXTM After posting the biggest quarterly declines since 2010, many investors are questioning whether the dollar will finally attract some bulls. Although last week was quite with regards to the economic data releases, central bankers rattled global financial markets. Governors of the European Central Bank, the Bank of
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By Lukman Otunuga, Research Analyst at FXTM The well-orchestrated hawkish remarks by a chorus of central bank heavyweights this week have punished global stocks with speculation mounting over whether the era of cheap money is soon coming to an end. Asian shares concluded mostly lower on Friday, despite China’s Manufacturing PMI exceeding original estimates, while
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. 15 MSc students faced with ‘real life’ modern marketing challenges By Olga Kandinskaia Recent trends in education, and business education in particular, emphasise the importance of “learning by doing”. As Benjamin Franklin famously wrote: “Tell me and I forget, teach me and I may remember, involve me and I learn.” Leading business schools
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Improvement in all sectors – up in Europe and America Shipping confidence reached its equal highest rating in the past three years in the quarter to end-May, according to the latest Shipping Confidence Survey from Moore Stephens. The average confidence level expressed by respondents to the survey was up to 6.1 out of 10.0
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