WTI drops to 7-week low on surprise crude inventories
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 weeks due to a surprise build in U.S. crude inventories and easing geopolitical tensions in the Middle East. US crude inventories for the week
Ioannis Mavridis, Cablenet’s financial boss for the past four years, is being promoted to CEO as of July 1, replacing Yiannos Michaelides
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Ioannis Mavridis, Cablenet’s financial boss for the past four years, is being promoted to CEO as of July 1, replacing Yiannos Michaelides who is stepping down after four years at the helm
Read MoreLimassol 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
Economic sentiment in Cyprus improved mildly in April after two months of deterioration, as the University of Cyprus Economic Sentiment Indicator (ESI-CypERC)
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Ioannis Mavridis, Cablenet’s financial boss for the past four years, is being promoted to CEO as of July 1, replacing Yiannos Michaelides who is stepping down after four years at the helm and will remain a consultant until the end
Read MoreLimassol 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
€182 mln takeover to boost life and general market share to 30% and 23% Hellenic Bank is set to dominate the
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Economic sentiment in Cyprus improved mildly in April after two months of deterioration, as the University of Cyprus Economic Sentiment Indicator (ESI-CypERC) increased by 0.8 points compared with March. Having risen to
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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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The GBPUSD pair is holding positive ground near 1.2520 in early trading in Asia on Monday. The uptick of the major pair is supported by the softer US Dollar below the 106.00 psychological mark. Investors will
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The sixth Leading Maritime Cities survey released this week declared Singapore as the world’s premier shipping centre. Not surprisingly so, considering the
By Athena Danou While this wasn’t my first participation in the Christodoula March, it was probably the first time I left the
Cypriots are being squeezed out of the property market as they can’t afford climbing rents. Hiking construction costs and interest rates are
On the one hand, there is an evident effort by the Deputy Ministry of Tourism to upgrade the quality of local hotels
I often write about my disappointment of a sector of the younger generation. The crime rate is particularly high among the ages
Energy
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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 weeks due to a surprise build in U.S. crude inventories and easing geopolitical tensions in the Middle East. US crude
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The benchmark US crude oil Western Texas Intermediate (WTI) is trading higher around $83.60 on Friday as the market weighed the weaker-than-expected US economic
West Texas Intermediate (WTI) started Tuesday on the low side, falling below $81.00 per barrel before a broad-market recovery in risk appetite
By Naeem Aslam As geopolitical tensions escalate further after attacks by Israel on Iran, crude oil prices closed the week on a
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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
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The EURUSD pair continues to gain ground on Thursday as the prevailing positive sentiment in the market provides support for risk-sensitive currencies
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Following a volatile opening to the week, markets remain relatively quiet on Tuesday, as gross domestic product (GDP) data for the first
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The EURUSD pair was struggling to hold above the round-level resistance of 1.0700 in European trading on Monday, as the currency pair
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Maritime
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Limassol port has seen a 75% rise in wheeled cargo traffic ever since DP World Limassol took over its operation in 2017, processing around 60,000 multipurpose RoRo units (roll-on/roll-off) last year alone. Over the past six years the number of
Read MoreThe 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
Elementary schools in Cyprus have adopted 1,000 ships in almost two decades, as part of an international awareness campaign initiated by the
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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
Three of Cyprus’ beaches in the Ayia Napa-Protaras area have earned prestigious spots among Europe’s top
Marking World Stray Animals Day, authorities on Friday announced plans to enhance and expand a dog
By First Lady, Philippa Karsera-Christodoulides “Empowering Equality: A vision for Inclusive Participation and Social Transformation.”; a pertinent
