Nearly three in four Germans want Wolfgang Schaeuble to stay on as finance minister in Angela Merkel's future government, according to a poll published on Wednesday. Merkel is seeking a coalition partner after her conservatives romped to victory in Sunday's election with 42 percent of the vote, but fell just short of a parliamentary majority.
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Samsung Electronics Co Ltd said it will introduce a smartphone with a curved display in October, as the world's top handset maker seeks to set the pace of hardware innovation and maintain its supremacy in a fiercely competitive business. Curved displays are an early stage in screen evolution which is shifting to bendable or foldable
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Efforts to restart the stalled Cyprus talks were revived this week having been left on the backburner due to the economic crisis, while goodwill mediators want to lure Turkey to the negotiating table after it lost yet another opportunity to become a dealmaker in the Middle East. The Cyprus government’s diplomatic efforts have been picking
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The results of the appraisal drilling by Noble Energy for hydrocarbon reserves in Cyprus’ Exclusive Economic Zone (EEZ) will be announced the first week of October, Energy, Commerce, Industry and Tourism Minister Giorgos Lakkotrypis said after a meeting of the House Commerce Committee. But he urged everyone to be patient until the government has the
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Asian shares slipped and the dollar held steady against a basket of currencies in Asian trade on Wednesday, as concerns about a possible U.S. government shutdown and uncertainty about the Federal Reserve's policy outlook left investors hesitant to take aggressive positions. Tea Party-backed U.S. senators are threatening to stall a bill to fund the U.S.
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* To pay €4,000 fine for bonds The new Bank of Cyprus board of directors has finally received the official go-ahead from the Central Bank and will now proceed to find a new CEO to steer the bank through its restructuring plan. Already, after the shareholders’ meeting on September 10, the board had elected Christis
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Although 2013 has been a difficult year for tourism, timely interventions on behalf of the government have minimiszed the damage caused after the March Eurogroup decision on Cyprus, Tourism Minister Giorgos Lakkotrypis said at the 59th annual meeting of the Association of Cyprus Travel Agents (ACTA). Referring to the developments in Syria, the Minister noted
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The German Marshall Fund of the United States and the University of Nicosia, Centre for European Studies are organising a closed workshop today, Wednesday, that will look at “Hydrocarbons and Sustainable Development in Cyprus and the Eastern Mediterranean Region.” The first session of the workshop held at the Hilton Hotel in Nicosia will be addressed
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Italian automaker Fiat SpA has delayed again the U.S. relaunch of its sporting Alfa Romeo brand until spring 2014, a Fiat spokesman said Tuesday. Fiat, which controls Chrysler Group LLC, had planned to begin selling the Alfa Romeo 4C sports car later this year through Chrysler dealers that also handle the Fiat brand. Sergio Marchionne,
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A major earthquake hit a remote part of western Pakistan on Tuesday, killing at least 208 people and prompting a new island to rise from the sea just off the country's southern coast. Tremors were felt as far away as the Indian capital of New Delhi, hundreds of miles (kilometers) to the east, where buildings shook,
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