Micro News

The Power of Negative Thinking in Business

According to sources, worry and pessimism helps to avoid mistakes and can also make good business sense. Expecting the worst or not being complacent when everything is alright. By being chronically uneasy could prove to be helpful for a lot of business people and perhaps even healthier too. Successful…


China has stated regret over the EU’s decision to lodge an intellectual property rights complaint at the World Trade Organization (WTO). This is simultaneous as Beijing is being entangled in a dispute with Washington which is very much alike. The European Union launched the challenge on Friday the…


Societe Generale, France’s 2nd biggest bank, is said to be ready to pay US and French authorities USD $1.34 billion in order to settle allegations that it bribed officials in Libya and manipulated the Libor interest rate. According to French prosecutors, the bank had agreed to pay EUR €500 million (USD…


The BVI government has not been keeping up to date with the implementation of public registers and is appointing Withers law firm to appeal the UK legislation Sanctions and Anti-Money Laundering Act, whereby under section 51, the UK government are obliged to impose publicly accessible registers of beneficial…


Cybarco states that it has helped change the face of Limassol is now in the process of constructing a trio of towers in the centre of the city. The ‘Trilogy’ project undertaken by Cybarco, takes up a total of 21,500 square metres of land, with the towers ranging from 36 to 39 levels, reaching a height…


Cyprus is edging towards partition while the rest of the world looks on in silence, according to civil society groups. 10 groups are said to be “extremely alarmed” about the future of the island and asked why confidence building measures (CBMs) which were agreed by both leaders during the negotiations…


Temporary casino opening soon in Limassol

A temporary casino is due to open in Limassol on the 28th of June since recently receiving its licence. CEO and chairman of the Melco Group, Lawrence Ho, stated that the temporary casino would be in place at the end of June following the main casino resort planned to be constructed in Zakaki, Limassol. The…


The UKs three principal criminal enforcement agencies have agreed a standard process for compensating victims of economic crime and corruption overseas. The following UK Governmental bodies will cooperate to ensure that the question of reimbursement is considered:  The Crown Prosecution Service. The…



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