Shares dip from 16-month highs; Greece weighs

Global shares softened from 16-month highs on Friday after an unexpected jump in U.S. jobless claims tempered optimism over the global economic recovery. Greece lurched closer toward asking for international aid, knocking

Greece requests talks with EU, ECB and IMF

Greece asked on Thursday for official talks with European authorities and the International Monetary Fund, a step toward Athens obtaining billions of euros in emergency loans. In a letter to the European

Bank of Cyprus appoints Deputy CEO

  The Board of Directors of the Bank of Cyprus Public Company Ltd approved the appointment of Yiannis Pechlivanidis as First Deputy Group CEO with primary responsibility the Group’s operations in Greece