President of the Russian Federation Dmitry Medvedev confirmed the common pursuit with President of the Republic of Cyprus Demetris Christofias to actively work together on bilateral issues and in the international arena. Medvedev was speaking after he had received the credentials of Cyprus’ new ambassador to Russia Petros Kestoras. An official press release said here
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Turkish actor Attila Olgac confessed yesterday the killing of ten Greek Cypriots during the 1974 Turkish invasion to Cyprus, which resulted to the occupation of the island's northern third. ''I killed ten people,'' Olgac said in a shocking revelation to Turkish channel Star TV. Olgac, who served in the Turkish army during the invasion, added
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By Satomi Noguchi Japan's best-known retail currency trader, a housewife who made 800 million yen ($9 million) on the dollar, euro and pound, says although markets are volatile it may be a good year to buy the Australian dollar and Turkish lira. Nicknamed the "kimono trader" by Japanese media, hublot replica 61-year-old Yukiko Ikebe has
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The Cyprus Stock Exchange announced that within the framework of the Common CSE-ASE Platform, it will introduce the presentation of the full “depth” of the orders registered in the electronic transactions system, via a new edition of the software of listed securities trading. The new amendment, which will take effect as of February 2, 2009,
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European shares fell to a six-year low early on Friday as investors worried about further losses in the financial sector and data showed the British economy went into recession at the end of last year. At 1010 GMT, the FTSEurofirst 300 index of top European shares was down 2.3 percent at 745.39 points, and had
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Cypriot Minister of Labour and Social Insurance Sotiroulla Charalambous is participating in the informal meeting of EU Ministers for Employment and Social Affairs (EPSCO) which takes place in the city Luhacovice of Czech Republic. The EPSCO meeting that started Thursday will last until Saturday, 24 January. Ministers from 20 member-states and deputy Ministers or senior
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Microsoft Corp stunned Wall Street with disappointing results that included plans to slash up to 5,000 jobs and a warning that profit and revenue will almost certainly drop over the next two quarters. The news from the world's largest software maker, which had not been expected to report results until after the close of trading
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Britain went into recession at the end of last year for the first time since 1991, as the economy shrank at its fastest pace in nearly 30 years, official data showed on Friday. The Office for National Statistics said the economy shrank by 1.5 percent in the fourth quarter of last year, the biggest drop
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Barclays shares slumped for the ninth straight day on Friday as concerns persisted that the bank may require further capital or be nationalised, despite another attempt by its chief executive to calm investors. Chief Executive John Varley said he was confident a second bailout plan unveiled by the UK government on Monday would boost credit
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The spread of economic gloom to company performance pulled equities sharply lower on Friday, driving European equities below last year's lows, while Britain's formal arrival in recession hit the pound again. Britain said its fourth quarter gross domestic product shrank 1.5 percent. Sterling hit a 23-year low against the dollar below $1.36. Earnings worries were
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