Politicians in Germany and France say they will press for Google to be quizzed on corporate income tax after a Reuters report highlighted how the company employs sales staff in the UK while telling the tax authorities that sales are made from Ireland. The report showed the company advertised for "sales" staff to "negotiate" and
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Turkish Prime Minister Tayyip Erdogan condemned on Tuesday Israeli air strikes on targets near Damascus, saying they were an opportunity for Syrian President Bashar al-Assad's government to cover up its own killings. "The air strike Israel carried out on Damascus is completely unacceptable. There is no rationale, no pretext that can excuse this operation," Erdogan
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In a blow for Alzheimer's patients, Baxter International Inc said it will scrap late-stage trials of its antibody treatment for the disease after the drug failed to improve cognitive decline and functional ability in patients. Baxter's treatment, known as Gammagard, did show a benefit in some patients with moderate disease and in those who are
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The Minister of Finance Harris Georgiades is expected to send, within the next few hours, a letter to the Russian government in order to begin the renegotiation of a Russian loan Cyprus has been granted, Acting Government Spokesman Victoras Papadopoulos told CAN today. Called to comment on a Reuters’ report to that effect, Papadopoulos said
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Cyprus is the most reliable neighbor of Israel, President of the Republic of Cyprus Nicos Anastasiades has said, adding that the discovery of hydrocarbons in the Mediterranean sea creates new prospects for the relations between the two countries. President Anastasiades was speaking during a working lunch hosted on Tuesday in Jerusalem by the President of
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The government of Cyprus announced Tuesday a series of measures to combat unemployment on the island, which, in March 2013 increased 14,2%. Minister of Labour and Social Insurance Zeta Emilianidou announced the implementation of three projects for 8.000 unemployed. Speaking at a press conference, Emilianidou said the projects are co-funded by the EU and concern
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The 2013 Offshore Technology Conference kicked off in Houston, Texas, attracting the interest of thousands of professionals from the energy industry from 110 countries, including Cyprus. The annual event is expected to bring to Houston 100,000 visitors, according to the estimates of the organisers, and is also being attended by representatives of Cypriot private companies
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Four more people in China have died from a new strain of bird flu, bringing to 31 the number of deaths from the mysterious H7N9 virus, with the number of infections rising by two to 129, according to Chinese health authorities. Among the deaths, two occurred in the eastern province of Jiangsu; one was from
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Stepping into the debate over who should be screened for lung cancer, a leading medical specialty group in the U.S. issued new guidelines on Tuesday recommending that doctors offer annual low-dose CT (computed tomography) scanning to people whose age and smoking history puts them at significant risk of lung cancer. That means current smokers aged
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About 500 striking workers at a Hong Kong port operated by billionaire Li Ka-shing agreed to a 9.8% pay rise on Monday, ending one of the city's longest-running industrial disputes. The workers, on strike for more than a month, agreed to the wage increase after contractors for Li's port operator, Hongkong International Terminals (HIT), issued
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