The American Academy of Hospitality Sciences awards First Class Services In a ceremony at Lufthansa’s acclaimed First Class Terminal at Frankfurt International Airport, Lufthansa received the coveted International Five Star Diamond Award from the American Academy of Hospitality Sciences (AAHS). In fact the Academy honoured three outstanding accomplishments of Lufthansa’s premium service portfolio: the Lufthansa
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The worldwide famous sculpture of the “Little Mermaid” at Langelinie quay, Copenhagen, of which the 100 years anniversary was gloriously celebrated these days, not only in Denmark but in several other Countries as well, was donated to the city of Copenhagen by Carl Jacobsen (son of Carlsberg’s founder, J.C.Jacobsen) in 1913. (Carl’s name constitutes the
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easyJet, Europe’s leading network, has today announced its’ summer schedule for 2014 with over 100,000 flights set to take place between 30 March and 15 June next year. Over sixteen million seats are available to purchase now at www.easyJet.com, enabling passengers booking early to secure the best fares early for summer 2014. easyJet operates from
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For the second year running, the Cyprus Investment Promotion Agency (CIPA) awarded the foreign investors, companies and persons who contributed to establishing Cyprus as an attractive destination for foreign investment and international quality business centre. The awards were given during the CIPA International Investment Awards 2013, which took place at the Presidential Palace on 10
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European stocks edged lower on Friday as investors took a breather after two weeks of solid gains in anticipation of a tightening in U.S. monetary policy starting from next week. The euro zone Euro STOXX 50 was down 0.3 percent at 2,852.94 points, slipping away from a two-year high of 2,870.18. The broader FTSEurofirst 300
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Britain's economy is picking up at last but the country has a problem it didn't face after previous recessions and which even now remains hard to detect: the corporate undead. Thousands of companies have subsisted through the downturn thanks largely to accommodating bankers and very low interest rates. As the economy gathers pace, some will
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Natural gas reserves in the six licensed blocks of Cyprus’ Exclusive Economic Zone are estimated to exceed 1.1 trillion cubic meters (38.9 trillion cubic feet) according to Cyprus` Hydrocarbon State Company (KRETYK) Chairman Charalambos Ellinas. In an article published in the Oxford Energy Forum, Quarterly Journal for Debating Energy Issues and Policies, Ellinas stresses, inter
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The Cyprus Cooperative Credit Institutions (Co-ops) have expressed optimism that they would be able to buy back their shares, bought by the state, due to a €1.5 billion capital injection. The Co-ops, enterprises whose customers are also share holders, held Thursday their last Annual General Meeting under the current share holder structure, as they will
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Cyprus Public Gas Company (DEFA) announced Thursday it terminates negotiations with Russian Itera with regard to a potential natural gas supply to produce electricity, the so-called "intermediate solution". DEFA and Itera held negotiations which led to a proposal that has been described as "not profitable." DEFA was to meet today with representatives of Itera who
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President of Cyprus Nicos Anastasiades has confirmed his readiness to compensate partly Russian depositors who have lost money, as a result of the three Eurogroup creditors` decision to cut uninsured deposits in the island`s two major banks. In an interview with Itar-Tass First Deputy Director General Mikhail Gusman, the Cypriot leader said that the tough
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