Stock index futures pointed to a flat to higher open on Wall Street on Friday, with futures for the S&P 500 up 0.2 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures up 0.4 percent at 3:17 a.m.. Microsoft Corp (MSFT.O) will be in focus after it posted a bigger-than-expected 60 percent jump
More
The trial of the ''Helios'' 2005 air crash, which resulted in the death of all 121 passengers on board, continued here Thursday before the Assize Court with a testimony from a Greek aviation expert Elias Nicolaides, a prosecution witness. The Helios Boeing 737, bound for Prague via Athens, crashed on the mountain of Grammatiko, north
More
President of the European Commission, Jose Manuel Barroso, has called on Turkey to conduct an effective investigation into the fate of missing persons in Cyprus. In a reply letter to the member of the European Parliament Marina Yannakoudakis on the issue, Barroso said the Commission is aware of the work the Committee on Missing Persons
More
Asian shares fell on Friday, weighed down by tech stocks after lacklustre sales outlooks from some sector heavyweights and as worries about the fiscal health of Greece and Portugal undermined investor confidence. A massive recall of millions of vehicles by the world's top automaker Toyota Motor Corp added to concerns over corporate earnings after poor
More
Stocks in Asia tumbled on Friday, hurt by weak technology and resources shares and fresh worries about Greece's debt levels, which dragged the euro to a six-month low against the dollar. However, leading European shares were expected to inch higher, halting the market's worst sell-off in a year, despite mounting worries about weak euro zone
More
UN Secretary General's Special Representative in Cyprus Taye-Brook Zerihoun has expressed the belief that the leaders of the two communities in Cyprus have an unprecedented opportunity to embark on the path of the reunification of Cyprus. In his address Thursday at the UNFICYP Winter medal parade, Zerihoun said that the “leaders of Cyprus have an
More
The economic sentiment in Cyprus for January showed a slight increase, a monthly report released today by the European Commission says. According to the monthly Economic Sentiment Indicator (ESI), which records the trends in various business sectors, as well as the consumers, the economic sentiment in Cyprus for January rose slightly to 80 units from
More
Cyprus constitutes today an international shipping power and an overall modern, quality and comprehensive shipping complex, President of the Republic of Cyprus has said. Addressing Thursday evening the official dinner of the Cyprus Shipping Chamber, in Nicosia, President Christofias said that in more than 20 years of existence, the Cyprus Shipping Chamber has been transformed
More
The Statistical Service reported that total sales of petroleum products in 2009 recorded a decrease of 5.0% compared to the previous year. A significant decline was observed in the sales of Heavy Fuel Oil (-19.2%), the provisions of Gasoil to ships (-17.1%), Aviation Kerosene (-7.0%), Gasoil (-5.9%) and Gasoil Low Sulphur (-4.7%). Sales of Unleaded
More
Global shares rose on Thursday as investors pursued riskier assets after U.S. President Barack Obama focused on job creation rather than any concrete details of banking reforms which had spooked financial markets. European stocks bounced backed from a one-week slide, but gains were hampered by concerns about the fiscal health of smaller euro zone countries
More