Bank stocks lead upward trend

BANKING STOCKS took centre stage yesterday pushing the all-share index slightly higher to 240 points, a 1.18 per cent increase.

A last-minute rush for bank shares also sent the FTSE/CySE on a 1.62 per cent upward climb to end at 1,030. Volume was still on the low side at £9 million but still the highest so far this week.

Miami vice

I REALLY was terrified as I made my way through Miami Airport to the courtesy bus that would take me to pick up my hire car, having heard so many horror stories about wild gunmen and muggers that loiter, waiting to pounce on unsuspecting tourists.

Ship surveyors threaten action over expenses

CYPRIOT ship surveyors who carry out inspections on the island’s fleet abroad have threatened a work to rule in protest over alleged government stinginess on their expenses.

According to shipping newspaper Lloyds List, industrial action by surveyors is thought to be without precedent, at least in recent years.

Stricken Cyprus ship stranded with 29,500 tonnes of gasoline on board

A DAMAGED Cypriot-flagged ship carrying 29,500 tonnes of unleaded gasoline is floating in the western Mediterranean, refused a port of refuge and unable to make it back to Cyprus.

The stricken Cypriot-flagged tanker Castor was refused entry to Spanish waters on Wednesday, Lloyds List reported.

Denktash resists renewed US push on talks

TURKISH Cypriot leader Rauf Denktash yesterday resisted renewed efforts by the United States to draw him back to the negotiating table.

US presidential emissary to Cyprus Alfred Moses said the Turkish Cypriot side and Turkey had agreed to consider suggestions for ways to resume UN sponsored talks aimed at reuniting the island.

Hannay meets both sides in renewed diplomatic push

BRITAIN’S special envoy for Cyprus Sir David Hannay began his contacts on the island yesterday, meeting both President Glafcos Clerides and Turkish Cypriot leader Rauf Denktash.

Hannay made no statements after either meeting.

Early detection the key in child cancer care

ONE in every 600 Cypriot children under the age of 17 develops cancer every year, Dr Loizos Loizou, the director of the Makarios Hospital’s Oncology Centre for Children, told a news conference yesterday.

Tsiakourmas condition worsening, says wife

A DISTRAUGHT Niki Tsiakourmas said yesterday her diabetic husband’s condition had worsened and that the family feared for his health after a month in a Turkish Cypriot prison.