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EX-Greek deputy interior minister in wealth probe kills himself

A former Greek deputy interior minister being investigated by the financial police on suspicion of amassing ill-gotten wealth has committed suicide, police said on Thursday. A family member found Leonidas Tzanis, a

5th October 2012
Business

ELECTIONS: In fog of numbers, little tax clarity from Obama-Romney

For an event so freighted with expectations of tax insights, the Obama-Romney debate on Wednesday offered few clues on what the candidates' tax plans could mean for average Americans. Republican nominee Mitt

5th October 2012
Cyprus

TECHNOLOGY: Samsung’s Galaxy phones drive record $7.3 bln profit

Samsung Electronics reported a record quarterly profit of $7.3 billion, nearly double last year's figure, as strong sales of high-end TVs and Galaxy smartphones more than offset reduced orders for chips and

5th October 2012
Business

FACEBOOK: IPO lawsuits to be heard in New York

Dozens of lawsuits against Facebook Inc , the NASDAQ exchange and various underwriters will be centralized before a federal judge in New York, who must sort through the legal aftermath of Facebook's

5th October 2012
Business

Big funds seek to rein in pay at Wall Street banks

The days when Wall Street banks could blithely hand out half their revenue in compensation to their staff without a murmur from shareholders have come to an end. In an era of

5th October 2012
Business

GLOBAL MARKETS: Euro holds onto gains after ECB reassures on bond buying plan

Asian shares rose and the euro clung on to most of its overnight gains on Friday as investors awaited a key U.S. jobs report, sustaining a positive mood after the European Central

5th October 2012
Business

CYPRUS: Government continues efforts to modernize economy

The world financial crisis has led to a loss of confidence among the citizens and the businesses, but the Government continues its efforts to technologically upgrade and modernize all sectors of the

5th October 2012
Cyprus

CYPRUS: CIPA presents competitive advantages in Ukraine

The Cyprus Investment Promotion Agency (CIPA) presented the advantages Cyprus offers to investors and businesses wishing to expand in new markets, during a Cyprus-Ukrainian business forum held recently in Odessa, Ukraine. Cypriot

5th October 2012
Cyprus

CYPRUS: The number of unemployed persons for September 2012 reaches 38.253

The number of registered unemployed for September 2012 has increased to 38.253 persons compared to 36.967 in the previous month. The Statistical Service of the Republic of Cyprus said that in comparison

5th October 2012
Cyprus

Draghi says ECB primed to buy bonds when ready

European Central Bank President Mario Draghi said on Thursday the ECB was primed to buy troubled euro zone bonds when conditions were right and that this had already calmed financial market tension.

4th October 2012
Business
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  • Discipline, governance needed to build a resilient balance sheet

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The EU’s action plan for affordable energy

By Anthi Charalambous At a time of high energy volatility,

WTI wobbles at $62.20 with US NFP on horizon

West Texas Intermediate futures on NYMEX, trade sideways around $62.20

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Financial markets remain relatively quiet early Friday as investors move

As stocks hit record highs, deVere boss warns of complacency

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