Emirates, a global connector of people, places and passions, is offering a special fare to Malta. In just two and half hours from Cyprus, travellers can enjoy an exquisite climate and a stunning legacy of art and culture. The Maltese islands also offer a colourful annual calendar of traditional seasonal events, such as Carnival between
More
TF1 and CANAL+ Group have secured the broadcasting rights to the 2015 Rugby World Cup, which will take place in England from September 18 to October 31. Under the agreement, TF1, which holds the exclusive rights to the 2015 Rugby World Cup, has sold CANAL+ Group the rights to screen 27 matches on a live
More
IMD, the Swiss-based business school and worldwide expert in executive education, has launched the IMD Global Leader Index www.imd.org/gli , a new online platform that allows users to benchmark their leadership capabilities against other executives and identify areas for future leadership development. Businesses are currently spending a great deal more money on leadership assessment than
More
By Jameel Ahmad, Chief Market Analyst at FXTM Although the oil markets managed to bounce slightly higher towards the conclusion of last week following comments that the weaker price would be positive for demand, alongside optimism that non-OPEC members might produce less oil than originally forecast this year, the commodity is already reversing gains during
More
BMW Motorrad sold 7.2% more units in 2014 than in the year before, achieving a record sales figure for the fourth time in a row. With 123,495 sold last year (2013: 115,215), the manufacturer delivered more motorcycles and maxi scooters than ever before. In December, deliveries rose by 10.9% to 7,032 units (Dec 2013: 6,343).
More
Moody's Investors Service has downgraded the long-term local-currency deposit and foreign-currency senior unsecured debt ratings of Ardshinbank to Ba3 from Ba2, and downgraded Ardshinbank's and VTB Bank (Armenia)'s foreign-currency deposit ratings to B1 from Ba3. The outlook on both banks' ratings has been changed to ‘negative’ from ‘stable’. The rating agency said these actions follow
More
By Jameel Ahmad, Chief Market Analyst at FXTM As reality sinks in amid the market’s growing realization that the astonishing move from the Swiss National Bank (SNB) to remove the minimum exchange rate had far more to do with the ever-increasing chances of the Euro decline persisting, – and the possible eventuality of safe-haven flows
More
Gulf Air, Bahrain’s national carrier, has launched a week-long fare promotion from Larnaca giving competitive airfares for travel between now and April 30, 2015 on the airline’s triple weekly services from Larnaca to Bahrain and onwards to Dubai, Abu Dhabi, Bombay and Karachi. For sale until January 24 only, the return Economy Class fare starts
More
* ‘Big Four’ firms grab cream of privatisation deals * Financial powerhouse Citigroup has been chosen to advise the Cyprus government on the privatisation of telco Cyta, the former state monopoly that has seen its market share diminish ever since private players entered the scene. The Cyprus Telecommunications Authority, established as Cyprus Cable and Wireless
More
Cyprus exports of goods in the first ten months of 2014 shrank by about €100 mln to €1.2 bln from the same period in 2013, with the €4.3 bln in imports resulting a the trade deficit for January to October growing to €3.1 bln. The EU statistical service Eurostat reported that the first estimate for
More