A political coup in New York's statehouse can be traced back to an incident in which a top lawmaker so enraged a wealthy backer by peering at e-mails on his BlackBerry that his patron engineered his ouster. One of the newer forms of poor office etiquette — paying more attention to a hand-held device than
More
Gains in Chinese industrial output and rising U.S. retail sales lifted Asian shares towards new highs for the year on Friday, but some analysts are warning the recent gains are looking overdone. Oil fell below $73 following a three-day rally to its highest level since mid-October on Thursday, while the safe-haven dollar edged higher after
More
* Nikkei powers to first close above 10,000 in eight months * China, Japan economic data feeds recovery hopes * Nomura gains on upgrade, other brokerages climb * Shippers power higher, Mitsubishi Heavy rises By Elaine Lies TOKYO, June 12 (Reuters) – Japan's Nikkei stock average climbed to close above 10,000 on Friday for the
More
The number of old and used vehicles registered in Cyprus continued to fall steeply in May, reaching 4,496, a drop of 30.7% compared with May 2008. In January – May, total registrations of motor vehicles decreased by 23.0% to 22,275, from 28,939 in January – May 2008. Registrations of private saloon cars in this period
More
The trade deficit in Cyprus shrank by EUR 146 mln in April compared with the same month of 2008 according to preliminary figures for the month. Total exports fell by 9.1% to EUR 85.7 mln (of which EUR 35.9 mln were exports to the EU). Total imports fell even further, however, by 25.7% to EUR
More
Cyprus had the highest percentage of bathing waters meeting those highest standards with 98.2 percent, followed by Greece with 97.7 percent and France with 96.3 percent according to European Union's rankings. "I am pleased to see that the overall quality of water in bathing areas is improving throughout the Union," European Environment Commissioner Stavros Dimas
More
The Financial and Capital Market Commission (“FCMC”) of Latvia and the Central Bank of Cyprus, expressing their mutual interest and willingness in promoting further the bilateral ties in the domain of supervision of credit institutions, have recently proceeded with the updating of the Memorandum of Understanding which was signed between them in 2003, before their
More
The EU-harmonised consumer price inflation (HICP) rate reached 0.5% in May, having risen by 4.6% in May 2008, mainly as a result of a sharp fall in prices of transport and housing, water, electricity and gas. The national consumer price inflation rate in the same period was 0.6%. Compared with the previous month, the HICP
More
The full breakdown of national accounts for the first quarter of 2009 published on Monday confirmed the “flash estimate” released in May, which showed that the economy stagnated in the early months of the year. The real GDP growth rate in the first quarter was reported at 0% (seasonally adjusted) compared with the previous quarter.
More
Wall Street was set to open flat on Thursday, with investors eyeing retail sales and weekly jobless data for fresh insight into the state of the recession-hit economy. * Investors will watch a 30-year treasury note auction for direction on interest rates, one day after a weak 10-year auction sent yields on the benchmark note
More