Cyprus and Athens Stock Exchanges have expanded their cooperation framework by signing additional agreements. A joint announcement says that the two stock exchanges decided to sign the additional agreements “recognizing the mutual benefits of their cooperation so far through the Common Platform as well as the significant challenges which they have to face for their
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Andrew Lloyd Webber's renowned musical ''Cats'', based on Old Possum's Book of Practical Cats by T.S. Eliot, will be on stage in Cyprus as part of the 2009 Larnaca Festival. ''Cats'' first opened in the West End in 1981 and then on Broadway in 1982, has been performed around the world in numerous productions and
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The European Commission has adopted a proposal for a Council Recommendation calling on all member states to bring in laws to protect their citizens from exposure to tobacco smoke by 2012. EU Health Commissioner Androulla Vassiliou said: ''It is my firm belief that each and every European merits full protection from tobacco smoke. There is
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U.S. private employers cut almost half a million jobs in June and mortgage applications fell to a seven-month low last week, dampening hopes the economy was emerging from its worst slump since the Great Depression. The news supported other evidence from Europe and Asia that a broad recovery would be slow in coming, as euro
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U.S. mortgage applications plunged to a seven-month low last week as demand for home refinancing loans tumbled 30 percent, data from an industry group showed on Wednesday. The drop does not bode well for the hard-hit U.S. housing market, which has been showing some signs of stabilization, with sales rising and home price declines moderating
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Oil rose above $71 a barrel on Wednesday following a large drop in crude inventories in the United States, the world's top energy consumer, and output disruptions from militant attacks in Nigeria. U.S. crude futures were trading up $1.33 to $71.22 a barrel by 1240 GMT. London Brent crude <LCOc1 rose $1.48 to $70.78. Weekly
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World stocks began the third quarter on an upbeat note on Wednesday with European and emerging market shares rising around 1 percent and oil climbing on hopes for a recovery in demand. New York crude was up more than $1 near $71 a barrel. Oil prices, which had tumbled from a record high of over
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President Barack Obama travels to Russia next week for talks with Russian President Dimitry Medvedev on nuclear disarmament and a range of other issues. Here are some facts on trade between the United States and Russia, which has grown rapidly in recent years despite strains in the relationship: * U.S. imports from Russia have increased
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Oil rose above $71 a barrel on Wednesday following a large drop in crude inventories in the United States, the world's top energy consumer, and output disruptions from militant attacks in Nigeria. U.S. crude futures were trading up $1.15 to $71.04 a barrel by 0908 GMT, having risen to as high as $71.28. London Brent
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European shares rose early on Wednesday as energy stocks drew strength from higher oil prices and Chinese economic data gave a lift to resource stocks such as steelmaker ArcelorMittal. By 0917 GMT, the pan-European FTSEurofirst 300 index of top shares was up 1.2 percent at 860.09 points, boosted also by banks, notably Commerzbank which shot
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