Europe’s exchanges rose on Friday as oil retreated back to around $52 a barrel and Intel supplied a positive surprise with its outlook. The FTSE Eurofirst 300 rose 0.4 per cent to 1,088.44 with the...
Oil prices slid more than $1 to trade well below $53 a barrel on Friday, extending the previous day's heavy losses as funds took profits from a 12 percent gain in the past month. A big stock build...
11/03/2005
The major issues in today’s financial press are the government’s plan to impose taxes on telephony, the cost of hospitalization for the T/C, the new members of Cyprus Airways and the Cyprus...
11/03/2005
Stocks edged higher early Thursday, as falling oil prices and bond yields provided relief to equity investors after several tough sessions. The Dow Jones industrial average (down 107.00 to 10,805....
10/03/2005
Foreign Minister, Giorgos Iacovou had a meeting on Thursday with the Israeli Deputy Prime Minister, Shimon Perez in Madrid. As the CNA reports, the two parties had talks on the Cyprus issue, the...
10/03/2005
Foreign investors are manifesting greater interest and confidence in the Greek economy, with proof being a recently issued Greek 30-year state bond loan, Greece's Economy and Finance Minister George...
10/03/2005
Lazaros Savvides will be the new Chairman of the Board of Directors of Cyprus Airways, maintaining his post as a General Manager of the Interior Ministry. The Council of Ministers also appointed...
10/03/2005
Greece’s economy is not facing a crisis, but the government must try to lower budget deficits and public debt even sooner than mandated by the European Union, Bank of Greece Governor Nicholas...
10/03/2005
Oil prices eased from near record highs on Thursday, but held above $54 a barrel amid heavy heating oil use in the wintry U.S. Northeast and concerns global demand growth could stretch above...
10/03/2005
The European parliament has strongly endorsed a report calling for more effective spending in the EU institutions. A huge majority of MEPs supported the report's conclusion that three parliamentary...
10/03/2005