Improved consumer sentiment in the euro zone's two biggest economies offered new signs on Tuesday the worst of the recession may have passed, with data from export-driven Germany pointing to economic stabilisation. A detailed breakdown of first-quarter German GDP revealed a sharp decline in investment and a collapse in exports, with firms initially caught out
More
Hermes Airports invites volunteers to participate in the operational trials of the new Larnaka airport which will be carried out in September and October 2009. The registration process for volunteers has already begun and anyone can take part in these trials provided they comply with the pre-conditions and rules that are stated on Hermes Airports
More
European share prices had slipped by midday on Monday, led lower by financials and commodity stocks after a reported missile launch by North Korea unsettled markets and crude oil and metals prices retreated. At 1046 GMT the FTSEurofirst 300 index of top European shares was down 1.7 percent at 842.77 points after closing 0.2 percent
More
World stocks fell on Tuesday with Asian shares leading the way as tension about North Korean nuclear tests added to questions over the global economic outlook. Pyongyang was reported to have fired two short-range missiles off its east coast, a day after testing its second nuclear device earned international condemnation. The dollar edged higher, but
More
Britain's top share index fell 0.8 percent early on Tuesday with investors nervous after reports that North Korea fired more short range missiles, denting oil and metal prices and pressuring commodity stocks. By 0757 GMT the FTSE 100 was down 36.45 points at 4,328.84 after gaining 0.5 percent on Friday. The index is down 2.1
More
Oil fell below $60 a barrel on Tuesday, pressured partly by a firmer U.S. dollar and expectations an OPEC meeting later this week would keep the producer group's output unchanged. U.S. oil prices for July delivery fell $2.02 from Friday's close to $59.65 a barrel by 0914 GMT. London Brent crude was down $1.55 at
More
How's this for a tweet? Twitter is coming to a television near you. The social-networking and micro-blogging service is developing the first TV series that incorporates Twitter into the action of the show. Created by novelist Amy Ephron, sister of Nora and Delia Ephron, the untitled show will feature ordinary people competing while on the
More
Nokia said it opened its online software and content store, Ovi Store, globally to some 50 million phone users on Tuesday. Nokia aims to follow the success of Apple's App Store with its new offering. Apple's store has proved extremely popular, with one billion applications downloaded in less than a year, and operators and technology
More
Tax revenue collected during the first four months of 2009 fell by 10.5% year-on-year to EUR 487.19 mln from EUR 544.19 mln in the same period in 2008 according to the Inland Revenue Department (IRD). The decline in revenue is mainly attributed to the scaling down in the receipts from Capital Gains Tax which tumbled
More
A Zorpas & Sons Public Company Ltd (ZRP) issued its first quarter 2009 financial results with revenue climbing 8.7% at EUR16.5mln, while net profits improved by 83% to EUR 565.000 compared to EUR 308.000 a year ago in the same period. EPS stood at EUR 0.0494.The increase in revenue is mainly attributed to the performance
More