The Civil Registry and Migration Department will remain closed until December 31 due to the transfer to the buildings of the Old Nicosia Hospital. According to an official press release, “urgent occasions only such as the issue of entry permits for housemaids for old persons or for persons with serious health problems, the issue of
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Cyprus Foreign Minister Markos Kyprianou has said that the six EU – Turkey negotiating chapters which Nicosia included Tuesday in its unilateral declaration at the EU General Affairs and External Relations Council are connected with Turkey's obligations towards Cyprus. Speaking Wednesday to CNA from Brussels, Kyprianou noted that the six chapters have to do with
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Veteran manager Howard Marks of $67 billion Oaktree Capital Management in Los Angeles said the past two years have revealed which managers really helped clients and which ones were merely propelled by a bull market. Looking ahead, he added, "2 & 20" as an industry standard could come under fire as investors push back. "Getting
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U.S. President Barack Obama arrived on Thursday in Norway to receive his Nobel Peace Prize, with live television pictures showing his plane touching down safely at Oslo's main airport. Obama is the third sitting U.S. president, along with Theodore Roosevelt and Woodrow Wilson, to win the prize. Jimmy Carter was honoured two decades after he
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French President Nicolas Sarkozy and British Prime Minister Gordon Brown called for an exceptional tax on global bank bonuses in a joint newspaper column on Thursday. In the column published in Thursday's Wall Street Journal, Sarkozy and Brown also proposed closer coordination of economic policy to correct global imbalances, and said such coordination should ensure
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Government bonds in Australia and South Korea fell on Thursday as investors pushed forward expectations for interest rate rises in 2010 because of bullish growth views, while Asian stocks slid on year-end profit taking. Major European stocks were seen broadly higher as investors take a breather after the recent selling streak. Britain's FTSE 100 <.FTSE>
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Banks operating in Britain will be charged a 50 percent tax rate on employees' bonuses above 25,000 pounds ($41,000), finance minister Alistair Darling said on Wednesday. The levy — which will come into effect immediately and last until April 5 — is designed to address public anger at large bonus payments made by banks who
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Global equities dipped on Wednesday with Japan leading the falls on concerns over the pace of recovery, while crude oil prices recovered and the euro bounced from a one-month low on bargain hunting. Worries over Dubai's debt problems dampened risk appetite, though the stock sell-off was limited outside the Gulf after sharp losses in European
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APOEL FC of Nicosia accomplished a historic 2-2 draw with Chelsea FC on Tuesday, in a match for the Champions League group stage. The match for Group D day 6 was held in Stamford Bridge in London. APOEL scored the game's first goal six minutes into the match. Constantinos Charalambides attacking down the left cut
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Global equities slipped on Wednesday with Japan leading the falls on concerns over the pace of recovery, while crude oil prices recovered and the euro picked up from a one-month low on bargain hunting. Worries over Dubai's debt problems dampened risk appetite, though the stock sell-off was limited outside the Gulf after sharp losses in
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