A new haircut on unsecured deposits at the Cooperative banking sector has been averted, according to Finance Minster Harris Georgiades, who added that the Coop sector, that will undergo restructuring and benefit
The Cypriot ship owning and maritime investment company FrontMarine, and the associated Lemissoler Navigation, have placed an order for four environmentally friendly bulk carriers to be built in one of the leading
Tesco, Britain's biggest retailer, denied an accusation by the opposition Labour party that it turns away British workers to exploit cheaper migrant labour. In remarks that could drag British retailers into a
A 98-year-old Hungarian man has died awaiting trial on charges of torturing Jews and helping send them to Auschwitz in World War Two, his lawyer said on Monday. Laszlo Csatary, who always
Britain's benchmark equity index edged higher for the third session running on Monday, with mining stocks lifted by reassuring data from China, the world's top metals consumer. The blue-chip FTSE 100 index
Most Asian shares rose on Monday and Chinese stocks surged to a one-month high as investors took heart from last week's upbeat data from the world's second-biggest economy, but Japan's Nikkei fell
German opposition parties accused Chancellor Angela Merkel on Sunday of lying before elections next month about the risks of a new bailout for Greece, after a magazine reported the Bundesbank expects it
The European Commission has extended the deadline for a decision on Aegean Airlines’ revised bid to take over struggling Olympic and become the largest carrier in Greece. Aegean has reportedly offered new
Britain's InterContinental Hotels Group will give online travel agents Expedia.com and Priceline.Com Inc's Booking.com more leeway to cut room rates in a bid to assuage watchdog charges it was limiting competition. The
Government efforts focus on a continuously growing and prosperous Cyprus shipping and a maritime industry unparalleled by others, Communications and Works Minister Tasos Mitsopoulos said on Thursday, noting that the government upholds
