* Noble to start production by 2016; Terminal to cost 10 bln eur * The second licensing round for natural gas prospecting south of Cyprus has attracted unprecedented interest, with 70 companies
* Tight timetable pushing Greece to sell assets cheaply * Greece's wretched experience has been a poor advert for asset sales as a tool to cut state borrowings, but others in the
Greece's biggest electricity producer PPC/DEH announced a record quarterly loss on Friday, hit by bad-debt provisions and higher fuel costs amid the country's economic crisis. The state-controlled company's loss reached 240 million
Greek jewellery retailer Folli Follie Group reported a 7.5% rise in 2011 profit on Thursday as sales in China and a good tourism season at home helped it cope with the country's
Asian shares firmed to end their best first quarter in over 20 years on Friday, while European shares were also expected to rise, returning to a new year rally ahead of a
OPAP, Europe's biggest betting company, said on Thursday it had shortlisted three IT providers to help it expand into online betting, a business it sees as a key growth driver. Greece's OPAP
Tibet's Buddhist leader the Dalai Lama has won the 2012 Templeton Prize worth $1.7 million for his work affirming the spiritual dimension of life, the U.S.-based John Templeton Foundation said on Thursday.
Cyprus cannot shift from its positions and accept the opening of chapters in Turkey's EU accession negotiations, as long as Turkey does not meet its commitments, President Demetris Christofias said on Thursday.
A less turbulent European debt crisis and improving global economic prospects are expected to help Britain's FTSE 100 share index rise a further 5% from current levels by the end of 2012
U.S. authorities filed criminal charges on Wednesday against a JetBlue Airways pilot who witnesses said yelled incoherently about religion and the 2001 hijack attacks and pounded on a locked cockpit door before
