A delegation from the Cyprus Investment Promotion Agency (CIPA) took part in the international conference of the World Association of Investment Promotion Agencies (WAIPA) held in Milan, that focused on “Global Investments: Charting the Recovery Map”. The members from 197 countries voted for changes to various clauses in the constitution including the process of approving
More
Former UN Secretary General, Boutros Boutros Ghali, will inaugurate the Neocleous Building in Limassol on Friday night, the new home of the offices of Andreas Neocleous & Co. The company’s new head office has been built to the latest specifications in the construction industry technology and incorporates energy saving with comfort, greenery and an easy
More
People from around Cyprus gathered in Nicosia on Saturday to sort and bale 350 kilos of cans for recycling as part of the worldwide day of climate change activism. Participants joined more than 5,200 communities in 181 countries as part of a global day of action coordinated by 350.org to urge world leaders to take
More
Regional airlines, primarily from the Middle East, are considering using the new terminals in Cyprus built by Hermes Airports as alternative hubs, with Greek operator Aegean opening a dedicated lounge at Larnaca as it will also be the first to test the e-ticket stations. The new Larnaca terminal, with increased capacity and improved efficiencies for
More
According to provisional estimates, the turnover volume index of retail trade decreased by 9.7% over the previous month in August to 121.6. Compared with same month of 2008 the index fell by 1.7%. For the period January-August 2009 the retail volume index is provisionally estimated to have decreased by 2.3% compared with the corresponding period
More
World stocks crept higher on Friday, marginally extending gains that followed the United States' emergence from recession while the dollar steadied off the previous session's losses ahead of data that will add more fuel to the recovery debate. While news the world's largest economy had finally emerged from recession gave markets a shot in the
More
U.S. stocks fell on Friday, the day after logging their best gains in three months, as sectors that have led the rally pulled back. Several reports pointed to a mixed economic picture on the heels of a government report that showed gross domestic product grew at its best rate in two years. Midwest area manufacturing
More
Social networking website Facebook was awarded $711.2 million in damages relating to an anti-spam case against Internet marketer Sanford Wallace, court documents show. Wallace did not oppose the motion or appear at the hearing on September 18, 2009, according to a filing on Thursday in a San Jose, California federal court. The site filed an
More
U.S. consumer spending fell in September after four months of gains as a government program to boost auto purchases ended, adding to fears that economic growth could stumble without government support. The Commerce Department said on Friday consumer spending fell 0.5 percent, the largest decline since December, after a 1.4 percent increase in August. The
More
Britain's top share index looked set to end the month crawling into positive territory by midday on Friday as U.S. data from the previous session helped lift banks, offsetting weak commodities. At 1158 GMT, the FTSE 100 was up 6.82 points or 0.1 percent at 5,144.54, having risen 1.1 percent the previous session, lifted by
More