BP out of petrol by Monday?

UNIONS representing staff working for petroleum companies BP and Exxon-Mobil yesterday announced they would continue their strike indefinitely after renewed talks over the renewal of a collective agreement failed.

The move means that BP and Exxon-Mobil stations around the island could be left with out petrol by early next week.

Euro parliament chief arrives tonight

THE LEADER of the European Parliament will arrive in Cyprus tonight for a short visit, during which he will meet with Greek and Turkish Cypriot leaders.

DNA tests the next steps in exhumations

THE exploratory digging to locate the remains of Turkish Cypriots killed in 1974 in a Larnaca district village has been completed, the Foreign Ministry said yesterday.

R&D up in 2000 but still low by international standards

CYPRUS spent £14.1 million on scientific research and experimental development (R&D) in 2000 a survey released yesterday has shown.

In 1999 the amount spent on R&D was £12.4 million, which corresponds to 0.25 per cent of the Gross Domestic Product (GDP) compared to 0.26 per cent for 2000.

CSE rejects Sharelink move on White Knight

THE COUNCIL of the Stock Exchange (CSE) has rejected an application from Sharelink Financial Services (SFS) to issue up to 219,801,978 new shares to shareholders of White Knight Holdings (WKH) who have accepted a proposal for the purchase of all the company’s shares, the CSE announced yesterday.

Twisters strike Paphos coast

AN EYEWITNESS yesterday reported three hurricanes in the Paphos district.

Fifty-five-year old Len Sayer, a former Hong Kong police officer, saw the twisters at 8am yesterday morning off the coast of Peyia.