Industrial production in Cyprus rose by 0.6% in February 2023 compared with the respective period of last year, data released by the Statistical Service of Cyprus (Cystat) show. The February 2023 Industrial Production Index reached 125.4 units (base 2…
China demanded on Thursday that the US immediately halt arms sales to Taiwan as well as its military contact with the island nation. “We strongly urge the US side to fully recognize the high sensitivity of the Taiwan question as well as the complexity…
Italian companies will continue to operate in Russia despite “enormous” difficulties and pressure from the EU, the president of the Association of Italian Entrepreneurs in Russia, Vittorio Torrembini, told RBK on Tuesday.Only two Italian companies hav…
Turkey posted a 9.2% increase in crude steel production year-on-year in March, trade group data showed.According to data compiled by Anadolu Agency from the Turkish Steel Producers’ Association (TCUD), Turkey’s crude steel production reached 3.4 milli…
Egypt signed an agreement to purchase 30 Rafale fighter jets from France, according to the country’s armed forces spokesperson early Tuesday.Tamer al-Refai said on Twitter that an agreement was signed between the Egyptian Armed Forces and France’s Das…
Oil prices dropped on Tuesday over fears that a COVID-19 resurgence in India could further trim demand in the country, despite price support from growing vaccination rates in major oil-consuming nations.International benchmark Brent crude was trading …
The trade deficit in Cyprus in 2022 reached pound 7,101.0 mn, according to data published on Wednesday by the Statistical Service of Cyprus. The main partner country in imports for 2022 was Greece whereas the main partner country in exports of domesti…
South Korea’s exports dropped by 12.6% year-on-year in the first quarter of 2023, local media reported on Tuesday. The decline stemmed from decreased semiconductors deliveries to China, Vietnam, Hong Kong and Taiwan, according to Yonhap News Agency, c…
Oil prices edged higher on Tuesday as investors await major economies’ next monetary policy steps, while improved travel in China is raising hopes for increased oil consumption in the world’s second-largest oil consumer. International benchmark Brent c…
Ukraine’s successful grain exports that helped alleviate a global food crisis amid the ongoing war with Russia have sparked protests from neighboring countries, according to media reports. The development has caused tension within the EU, as farmers i…