Toyota Motor Corp said it is recalling nearly half a million of its flagship Prius and other hybrid cars for braking problems as it seeks to address criticism over the handling of its worst safety crisis. The world's largest automaker is under fire for two other recalls covering more than 8 million vehicles worldwide due
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Google Inc has sent a cease and desist letter to the operators of a Chinese search website whose logo bears a close resemblance to its own. Goojje's home page is adorned with a Google-styled logo and the familiar paw print logo of China's top home-grown search engine, Baidu Inc. The website, whose name is a
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Britain's goods trade deficit with the rest of the world unexpectedly widened to its highest in nearly a year in December, after imports from non-EU countries shot up at their fastest rate since March 2005. Figures from the Office for National Statistics on Tuesday also showed Britain's trade deficit for 2009 as a whole narrowed
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The Cyprus Employers and Industrialists Federation (OEV) has awarded the annual Financial and Business Excellence awards. The Bank of Cyprus, a leading financial institution, was presented with the award for the best business in Cyprus. It was also presented with the award for best financial services. Deloitte secured the award for best professional services, Apollonio
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Cyprus’ Socialists Party, EDEK Social Democrats’ Movement, decided Monday night to withdraw from the government coalition. The decision was taken by EDEK Central Committee, with 115 votes in favour, eight against and three abstentions. EDEK President Yiannakis Omirou talked about his party’s ''total disagreement'' with Cypriot President Demetris Christofias' strategy on the Cyprus problem. Omirou
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Cyprus humanitarian aid arrived on Monday to earthquake-stricken Haiti on a Hellenic Imperial Airways Boeing 747 aircraft carrying humanitarian aid, comprising 50 tons of pharmaceutical supplies, foodstuffs and tents. The aid has already been collected by the six-member mission from the Volunteer-Doctors-Cyprus and the Greek doctors that are in Port au Prince. Greek Deputy Foreign
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Asian shares broadly rose on Tuesday, led by Taiwan and South Korea, and the euro staged a small rebound from its recent drubbing, but Japan and Australia fell as investor sentiment remained weak on euro zone fiscal concerns. Share markets in Britain, France and Germany were forecast to open as much as 1 percent down,
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Lebanese President, Michel Suleiman, will pay an official visit to Cyprus later this week, a Lebanese embassy official told CNA today. On Friday the President of Lebanon will have separate meetings with President of the Republic of Cyprus Demetris Christofias and President of the House of Representatives Marios Garoyian. Suleiman will visit the cease-fire line
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Cyprus’ Socialists Party, EDEK Social Democrats’ Movement, decided last night to withdraw from the government coalition. The decision was taken by EDEK Central Committee, with 115 votes in favor, eight against and three abstentions. In his speech, EDEK President Yiannakis Omirou talked about his party’s ''total disagreement'' with Cypriot President Demetris Christofias' strategy on the
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British retail sales recorded their worst performance for the month of January in at least 15 years, a survey showed on Tuesday, even as separate figures showed house prices extended their recent rise. The British Retail Consortium said the value of sales last month was 0.7 percent lower than a year ago when measured on
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