The European Investment Bank, the EU's financing arm, signed a 180 mln euro financing deal with Cyprus on Thursday for waste-water and urban development projects. Some 140 mln euros will go towards
Piraeus Bank, Greece's fourth largest lender, withdrew its offer to buy government stakes in ATEbank and Hellenic Postbank saying the government took too long to decide, its deputy CEO said on Thursday.
. INTERVIEW: By Michele Kambas (Reuters) The United Nations special envoy for Cyprus expressed hope on Tuesday that a deal on the divided island could be brokered by the end of the
Cyprus celebrated the 50th anniversary of the island’s independence on Friday with a military parade in the capital Nicosia. President Demetris Christofias, flanked by Greek National Defence Minister Evangelos Venizelos and Cyprus
Oil giant BP's <BP.L> incoming Chief Executive Bob Dudley said on Thursday he wanted to restore the company's dividend payments next year. "The board will get together and talk before the end
South Korea's LG Electronics said on Thursday it had signed a partnership deal with Microsoft on cloud computing and virtualization, hot IT technologies aimed at helping business cut costs. Under the pact,
broad availability in coming weeks for delayed model The world's top cellphone maker Nokia said on Thursday it has started to ship its flagship smartphone model the N8. Last week Nokia said
Greece on Monday will present its draft 2011 budget, targeting a smaller fiscal adjustment to dig out of its debt crisis after a big deficit reduction this year, still a challenge within
Spain lost its final top-line debt rating on Thursday as the government sought backing from lawmakers for a budget it hopes will be austere enough to convince markets it can slash the
Social networking website Facebook and Internet telephone company Skype are in talks to establish a partnership that is aimed at integrating their communication services, Wall Street Journal said, citing a person familiar
