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Cyprus welcomes home its first Olympic medalist

Olympic medalist returns to his hometown to a hero's welcome  Pavlos Kontides, the only Cypriot who has won an Olympic medal, returned to his hometown last night to a hero’s welcome, with

10th August 2012
Cyprus

Manchester United IPO priced below range, club worth $2.3 bln

Manchester United Ltd's initial public offering priced well below its expected range on Thursday, valuing the British soccer club at only $2.3 billion and shaving off as much as $100 million from

10th August 2012
Cyprus

Tropical Storm Ernesto weakens over land, kills three

Tropical Storm Ernesto weakened as it traveled inland from the Gulf of Mexico on Thursday, but it sent wind gusts and showers across the state of Veracruz, home to some of Mexico's

10th August 2012
Cyprus

False records issue is key to Standard Chartered case – ANALYSIS

A New York state case against Standard Chartered Plc is more about whether the British bank carried out an old-fashioned cover-up using allegedly false records and less about the role the bank

10th August 2012
Business

Courtroom tension boils in Apple-Samsung showdown

It was the end of a long week in court in the Apple-Samsung legal war, and Samsung attorney John Quinn was trying to block his adversary, Apple attorney Bill Lee, from showing

10th August 2012
Business

Veteran banker replaces Sarris at Laiki… by presidential order

Veteran banker Andreas Philippou has been recalled from retirement to take over as non-executive chairman of the nationalised Cyprus Popular Bank (Laiki), replacing former Finance Minister Michalis Sarris who suggested in his

9th August 2012
Cyprus

Mitsubishi recalls small number of electric cars in US, Canada

Mitsubishi Motors Corp is recalling a small number of its all-electric cars in the United States due to the possibility that the front and side airbag systems may be deactivated. The Japanese

9th August 2012
Cyprus

Euro steady with no major developments in euro zone crisis

European shares rose toward five-month highs on Thursday and the euro was steady, despite evidence of weakening activity across the region, as softer Chinese data kept alive talk of further central bank

9th August 2012
Business

China factory output growth at 3-yr low, spurs easing hopes

Annual growth in China's factory output slowed to its weakest in more than three years in July, missing market forecasts and increasing expectations that Beijing will take further policy steps to support

9th August 2012
Business

Manchester Utd bidding to buy Van Persie from Arsenal

Manchester United are trying to sign Dutch international striker Robin van Persie from Premier League rivals Arsenal, said manager Alex Ferguson. "We have made a bid," Ferguson told his club's website (www.manutd.com).

9th August 2012
Cyprus
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