Turkey said on Friday that companies bidding to develop Cyprus' offshore gas fields would be shut out of Turkish energy projects, amid a spat between the rivals about who has rights to
* 15 bidders for 9 blocks in offshore natgas; Noble says it wants to focus on Block 12 * A mix of 15 bidders have applied for rights to explore nine blocks
Investors are bracing for Facebook's Wall Street debut on Friday after the pioneering online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history. To
* Romania bank sell-off may follow Australia * With 200 mln euros more needed to be raised by next month in order to meet EU rules on safe liquidity margins, Bank of
* Pumped 100 mln since 1999 in Crete, Paros, Santorini * BY ANGELA KOMODROMOU The Leptos Group, one of the leading Cyprus property developers, plans to invest some 600 mln euros in
. As unpatriotic as it may sound, the Cypriot banks must decide very fast what they should do with their operations in Greece, where all three are exposed to the tune of
. BY PHILISA AUGUSTI Recently, I was asked what I would change about my profession or its procedures if I had the chance. The answer for me as a professional was easy.
. BY SHAVASB BOHDJALIAN In view of the steady deterioration in state finances and with banks struggling to raise the required capital buffers until end of June, it seems more and more
The fragile state of British consumer spending could be laid bare next week with bellwether retailer Marks & Spencer expected to post its first decline in annual profit for three years. Analysts
**Was it the Easter effect? ** Tourism arrivals fell by 5.7% over the year earlier in April, to 189,648 in April 2012 compared with 199,762 in April 2011. There was a fall
