Crooked property developer Gary Robb was slapped with an eight-day remand order by a Cyprus court on Thursday for cheating fellow Britons out of millions for holiday homes he could not deliver
* ECB throws banks funding lifeline, hints at resumed bond buys * European policymakers tried to turn a more powerful fire hose on the euro zone debt crisis on Thursday but
Summer retail discounts helped pushed Cyprus's consumer price inflation down to 3.7% year on year in July from a June reading of 4.2%, the island's statistics department said on Thursday. On a
Germany's second-biggest lender, Commerzbank , will post writedowns of more than 700 mln euros ($1 bln) on its Greek sovereign bond holdings in the second quarter, three sources told Reuters. That would
Cyprus is to auction up to 20 mln euros worth of 10 year bonds domestically on August 22, offering a 6.50% coupon, the finance ministry said on Thursday. Authorities last offered debt
OTE, the biggest telecoms company in southeastern Europe, on Thursday reported a bigger-than-expected profit for the second quarter, but said no sales growth was expected soon in its recession-hit Greek home market.
Coca-Cola Hellenic , the world's second-largest bottler of Coca-Cola soft drinks, said tough economic conditions and a hike in input costs such as sugar and aluminium prices hit second quarter profit. The
Greece hopes to have completed all procedures for a new debt rescue deal, including a bond swap with private creditors, by early October, its finance minister said on Wednesday. Euro zone leaders
Russian Prime Minister Vladimir Putin accused the United States Monday of living beyond its means "like a parasite" on the global economy and said dollar dominance was a threat to the financial
* Google+ is fastest site to reach 25 mln visitors * Facebook, Twitter took much longer to reach that size * Fast growth early may not mean long-term success * U.S. users
