Cyprus bank earnings in the spotlight

 — Bank of Cyprus 2010 guidance on Thursday — The three major banks, reporting their 2009 preliminary results this week will dominate the earnings calendar, but the real impact in the stock

DIKO votes to stay in government coalition

Democratic Party (DIKO) Central Committee members voted last night by an overwhelming majority to stay in the government coalition. From last night’s ballot, 124 members of the central committee voted to stay

?A, Aegean Airlines announce merger deal

Aegean Airlines and recently privatised Olympic Air on Monday announced their merger, referring to a "national airline champion" in a press release. Both carriers said their main shareholders reached an agreement on

Weak data puts selling pressure on global stocks

Investors sold shares across the globe on Tuesday, unnerved by falling U.S. consumer confidence and house prices that suggested the economy was still fragile, while German business confidence fell unexpectedly for the