Hellenic Exchanges 2010 profits drop 28%

Hellenic Exchanges, the operator of Greece's stock and futures markets, said on Wednesday full-year 2010 profit dropped 28%, hurt by weak trading volumes amid the country's debt crisis. Net profit dropped to

Frigoglass plans capital return

. The world's biggest drink refrigerator equipment maker Frigoglass will return capital to shareholders instead of paying a dividend to lower its tax burden, the company's CEO said on Wednesday. Like other

Socialist MPs want Greece to sue Moody’s

Ten MPs from the Greek ruling Socialist party Pasok urged the government on Wednesday to sue ratings agency Moody's for slashing the country's credit rating by three notches on Monday, pushing borrowing

Greece’s top tax collecting official resigns

Greece's top tax official resigned on Wednesday two days after Moody's slashed the country's credit rating, citing shortfalls in tax collection. A government spokesman said that Dimitris Georgakopoulos, Secretary General at the

UK to ban displays of cigarettes in shops

All shops in England will be banned from openly displaying tobacco products by April 2015 as part of a government package of measures to cut smoking. The Department of Health, announcing the