Danzas Logistics announced today that it has changed its company name to Airtrans Global Forwarding (AGF). The goal of the name change is to leverage the strength of the range of integrated logistics solutions offered and to align its corporate and product brand identities. The company’s ownership and staff have not changed. A wholly owned
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A team of 40 staff, family and friends from KEAN took part in the 10km Health Race of the annual Limassol Marathon on March 16 and raised €1200 which was given to boost the funds of the ‘Panos Evripidou’ Charity Foundation. The Foundation supports families with premature infants, either by enhancing their quality of life,
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Etihad Airways, the national carrier of the United Arab Emirates, today announced record financial results for 2013, with net profit up 48 per cent to US$62 million on revenues up 27 per cent to US$6.1 billion. The record performance also saw earnings before interest and tax (EBIT) up 22 per cent to US$208 million and
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US crude oil prices were hurt by the improving dollar and a better supply scenario over the past few days. Domestic crude production climbed 33,000 barrels per day to 8.22 mln bpd, the highest since 1988, further pulling down oil prices. Similarly, natural gas prices also showed a declining trend as the onset of spring
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The US dollar rose to a two-week high against the Euro after the Fed hinted of a possible hike in interest rates and trimming of asset purchases in the coming weeks. The better-than-expected US jobless claims data also contributed to the strengthening of the dollar against major currencies. More details about the currency market are
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Greek Minister of National Defence Demetris Avramopoulos will attend the funeral of his Cypriot counterpart Tasos Mitsopoulos on Monday. "The Minister of National Defence Demetris Avramopoulos will represent the Greek government, Prime Minister Antonis Samaras and the Presidency of the Council of the EU to the funeral of Cyprus Defence Minister Tasos Mitsopoulos to be
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Greek Cypriot and Turkish Cypriot negotiators, Andreas Mavroyiannis and Kudret Ozersay, are set to meet again Monday afternoon to continue the screening phase of the ongoing Cyprus talks. Deputy Special Adviser of the UN Secretary General on Cyprus Lisa Buttenheim will be present at the meeting. The negotiators’ last meeting was held March 14. Cyprus
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Defence Minister Tasos Mitsopoulos, who passed away on Saturday aged 48, will be buried today, in his home town Larnaca. President of the Republic of Cyprus Nicos Anastasiades will deliver the eulogy at the funeral, which will be held at the church of St. George Kontou in the southern coastal town of Larnaca, at the
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Moody’s ratings agency has changed the outlook on the Cyprus Caa3 government bond rating to ‘positive’ from ‘negative’, as a result of the better-than-expected economic and fiscal performances of the country in 2103 At the same time Moody’s affirmed the island’s Caa3 rating, to reflect the still-elevated risk of Cyprus defaulting on its debt, or
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Cyprus President Nicos Anastasiades and the entire cabinet signed the book of condolences on Sunday that opened at the Defence Ministry in memory of Minister of Defence Tassos Mitsopoulos, who died on Saturday after suffering a ruptured cerebral aneurysm. The text written in the book of condolences reads: "With great grief and sorrow, we bid
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