The number of registered unemployed rose by 1,220 in March 2006 compared with the same month of 2005 to reach 13,730 or 3.9% of the labour force. According to the Statistical Service Cystat the increase was mainly observed in the sectors of construction, manufacturing, trade, hotels and restaurants as well as to newcomers in the

The number of building permits authorised by the municipal authorities and the district administration offices rose by 2.4% year on year to 775 in January copmared with 757 in January 2005, according to the Statistical Service CYSTAT. The area of such permits rose by 4.8% to 280.8 thousand square metres, compared with 268.0 thousand sq

The CSE Council announced that it has accepted the listing of 51,056,624 nil-paid rights of the Cyprus Popular Bank Public Company Ltd, pursuant to Article 58(I) of the CSE Law. The nil-paid rights were allocated in the ratio of 1 right for every 6 existing shares of nominal value 50 cents. Each right exercised will

Time Warner is expected to pay $2.65 billion to settle charges by shareholders that it overstated revenue to gain approval for its merger with AOL, according to a settlement approved by a U.S. federal judge. Time Warner agreed last August to the settlement with a lead group of investors who accused AOL of inflating its