Wind Hellas sales, EBITDA fall in Q2

Greece's cash-strapped mobile phone operator Wind Hellas said on Monday sales and operating revenue continued dropping in the second quarter, as recession and competition kept weighing on results. Total revenues dropped to

Russian grain crop down 38% so far

Russia has enough grain to cover its needs after harvesting 38% less in 2010, a senior official said on Monday, but his data indicated the former exporter is likely to import millions

UBS signs global deal with F1

Formula One signed up Swiss bank UBS as a global partner on Monday in a deal the sport will hope marks a turnaround after the exit of several other financial institutions due

M&As boost world stocks; oil firmer

World stocks rose from last week's one-month low on Monday as a slew of corporate takeover activity and an encouraging euro zone business survey helped ease concerns about a global economic slowdown.

Conference of overseas Cypriots opens Tuesday

Cypriots living abroad have returned home for a five-day conference to discuss the latest developments in the Cyprus problem and be briefed on the issue by the island’s political and religious leadership.