Bank of Cyprus announced that it has signed a memorandum of cooperation with government-owned China Development Bank Corp. to co-finance deals in the areas of shipping, renewable energy and development projects in
China will invest 2 trillion yuan ($303.8 billion) over the next five years to build water-related infrastructure projects and improve rural drinking water quality, state news agency Xinhua reported on Thursday, citing
Greece and euro zone paymaster Germany tried to fend off talk on Thursday that Athens needed help with debt repayments via a buyback with European funding that could face stiff opposition in
Spain's government is working on a second round of recapitalisation for its regional savings banks, in an attempt to ward off investor concerns that property-related losses in the sector could lead to
The euro zone is considering allowing the European Financial Stability Facility to buy back the bonds of member states in trouble as part of a broader response to the sovereign debt crisis,
Global recorded music sales fell around 9 percent last year as rampant piracy cut into major markets, threatening jobs, investment and the discovery of new artists, the industry's trade body said on
An 18th century post-Byzantine icon of Chirst, which belongs to the Church of Agios Charalambos in the Turkish occupied village Neo Chorio Kythreas, has been returned to its rightful owner, the Church
EasyJet said higher fuel prices and uncertain economic conditions would make 2011 a tough year, after the British low-cost airline took a 31 million pound hit from the big freeze and strikes
Credit ratings agencies are not necessarily credible but unfortunately the markets follow their forecasts, Nobel Prize laureate Christopher Pissarides stated today. Pissarides who was speaking in a Press conference said that in
Cyprus expects to have a clear assessment of the quantity of offshore hydrocarbons in part of its territorial waters by March 2012, the head of its energy service said on Wednesday. Noble,
