By Jameel Ahmad, Chief Market Analyst at FXTM If you took a glance at the gains stocks are making at present, you would suggest optimism in the global economy must be picking up. On Monday, the S&P 500 recorded a new milestone high (2071.46) while NASDAQ climbed to 4,754.89 and the Dow Jones Industrial Average
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Private saloon car registrations increased by 29.8% to 14,453 in the first ten months of the year from 11,136 in January – October 2013, according to data published by the statistical service Cystat. Car dealers have often told the Financial Mirror that the reason for the continued rise in sales, especially brand new cars that
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A parliamentary hearing on Tuesday will try and get to the bottom of the freefall that troubled Cyprus Airways is in, with former chairman Tony Antoniou accusing his successor of lying about the airline’s finances and Makis Constantinides announcing that he had already resigned from the chair on Friday. Constantinides had said that he was
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Emirates, has announced a third daily service to Malé, the capital of the Maldives. Commencing Monday, 1st December, Emirates flight EK656 will depart Dubai International Airport at 0210hrs, and arrive in Malé at 0715hrs, adding seven more inbound flights a week to the Maldives, increasing passenger and cargo capacity on the route by a third.
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Cyprus President Nicos Anastasiades kicked off a busy week with a flash visit to Abu Dhabi on Sunday where he was invited by the Crown Prince to attend the Formula One race, won by Team Mercedes’ Lewis Hamilton who also took the title. Some of the dignitaries in the grandtsands with him included King Abdullah
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After almost four hours in the air, the FC Barcelona first team have arrived in Cyprus for Tuesday’s Champions League second leg match with APOEL, having lost 1-0 to the Spanish giants on September 17. The flight from El Prat Airport touched down in Larnaca at around 1pm. The plane parked at the VIP Lounge
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Microsoft Cyprus stands beside the Cyprus Team for Special Olympics, supporting the athletes who compete, promoting fair play and respect for the human spirit. As part of a wider Corporate Social Responsibility programme, Microsoft continually supports the Special Olympic Team of Cyprus with free software, while having also sponsored cyclist Dimitris Neanidis. Dimitri took part
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Cyproman Services Ltd., the advisory firm that has been providing management services since 1996, has changed its name to CPM (Corporate Administration Services) to better reflect the new business environment and the global needs of clients, said its General Manager Costas Christoforou. Cyproman hosted clients and associates at a series of events last week at
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The official inauguration of the Honorary Consulate of Romania took place in Limassol, with its constituency for Limassol and Paphos headed by Marios Klitou, CEO of Baker Tilly in Cyprus. The ceremony was held in the presence of the State Secretary for European Affairs of the Romanian Ministry of Foreign Affairs, George Ciamba, who was
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SAP SE (NYSE: SAP) and IBM (NYSE: IBM) today announced that SAP has selected IBM as a premier strategic provider ofCloud infrastructure services for its business critical applications – accelerating customers’ ability to run core business in the cloud. The SAP® HANA Enterprise Cloud offering is now available through IBM’s highly scalable, open and secure
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