Sterling gains as bulls remain in charge
The Pound Sterling began the week solidly against the US Dollar, registering modest gains of 0.04% after hitting a daily low of 1.2681, with the GBPUSD trading later in the day at 1.2703. Last week, the GBPUSD pair edged toward the current exchange rate, clearing stir
I am impressed by the ease with which the various political candidates make promises to various unions and other organised groups, because
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I am impressed by the ease with which the various political candidates make promises to various unions and other organised groups, because they believe that this will attract voters. In an effort
Read MoreElection debates are well underway on almost all national and local television and radio stations, with the same pattern of mostly boring
A new service was introduced on Friday allowing voters in the upcoming Europarliament and local administration elections to check where they will
Tourist arrivals as well as overseas travel by Cyprus residents were down in April, with arrivals dropping by 2.7% to 333,563 in
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Bank of Cyprus Holdings announced €133 mln in first quarter profits on Thursday, up 40% year-on-year, but €5 mln short of the after-tax profits in the fourth quarter of last year. At the same time, the bank said it will
Read MoreIoannis Mavridis, Cablenet’s financial boss for the past four years, is being promoted to CEO as of July 1, replacing Yiannos Michaelides
Limassol port has seen a 75% rise in wheeled cargo traffic ever since DP World Limassol took over its operation in 2017,
Hellenic Bank’s takeover of CNP Assurances’ regional operations, allowing it to dominate the local insurance market is a credit positive, according to
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I am impressed by the ease with which the various political candidates make promises to various unions and other organised groups, because they believe that this will attract voters. In an effort
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The EURUSD pair is clinging to gains near 1.0900 in Monday’s European trading, as the major currency pair remains in bullish territory due to investors’ higher risk appetite. The Euro has performed
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In 2018, 7% of EU enterprises employing at least 10 persons used industrial or service robots, Cyprus had the lowest percentage in the bloc. Large enterprises use robots much more (25%
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I am impressed by the ease with which the various political candidates make promises to various unions and other organised groups, because
Election debates are well underway on almost all national and local television and radio stations, with the same pattern of mostly boring
Worldwide there is an effort to reduce tax evasion. The issue can be addressed to some extent if the payer of an
Oil prices are trading down because of disappointing economic data, as traders lose hope that the Fed will lower interest rates anytime
It’s been 20 years since Cyprus joined the major eastward enlargement of the European Union, firmly becoming an integral part of the
Energy
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The West Texas Intermediate (WTI) crude oil price snapped its losing streak, trading around $78.20 a barrel in the Asian session on Monday, after Saudi Arabia raised June crude prices for most regions. The Saudi kingdom increased the Official Selling Prices (OSPs)
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Nicosia rejects Chevron’s improved omtimisation plan Cyprus has chosen to play hardball with the partners of the country’s first gas discovery,
Oil prices are trading down because of disappointing economic data, as traders lose hope that the Fed will lower interest rates anytime
The benchmark Western Texas Intermediate (WTI) was trading around $79.20 on Thursday, as the black gold edges lower to the lowest level in seven
World
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The Pound Sterling began the week solidly against the US Dollar, registering modest gains of 0.04% after hitting a daily low of
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The EURUSD pair is clinging to gains near 1.0900 in Monday’s European trading, as the major currency pair remains in bullish territory
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A new service was introduced on Friday allowing voters in the upcoming Europarliament and local administration elections to check where they will
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By Naeem Aslam Gold prices flirted with important price points this week as traders increased their bets that the Federal Reserve has
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Maritime
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Larnaca port has come to a standstill after dockworkers decided Wednesday to continue their strike until overtime pay demands are met. The employers’ federation called the strike “unacceptable”, while the island’s chamber of commerce said the port and island’s economy
Read MoreLimassol port has seen a 75% rise in wheeled cargo traffic ever since DP World Limassol took over its operation in 2017,
The sixth Leading Maritime Cities survey released this week declared Singapore as the world’s premier shipping centre. Not surprisingly so, considering the
Ticket sales have skyrocketed for the Daleela passenger and car ferry that will resume its Limassol to Piraeus sailings from the end
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Election debates are well underway on almost all national and local television and radio stations, with
A new service was introduced on Friday allowing voters in the upcoming Europarliament and local administration
The European Union unveiled a €1 billion economic aid package for Lebanon in exchange for the
By Athena Danou While this wasn’t my first participation in the Christodoula March, it was probably
All archaeological sites and monuments operated by the Department of Antiquities will offer free entry on
