European shares gained on Tuesday after UK bank Barclays beat profit forecasts, and the euro rose against the dollar as European finance ministers put more pressure on Greece to resolve its fiscal
European shares rose in early trading on Tuesday, buoyed by stronger banks after Barclays posted forecast-beating results, while oil majors drew strength from rallying crude prices. By 0808 GMT, the pan-European FTSEurofirst
Barclays Plc said it had started the year well after beating expectations with 2009 profits of over 11.6 billion pounds ($18.18 billion), on the back of a strong performance at its investment
Sony Corp has pulled the plug in Japan on sales of a next-generation flat TV due to sluggish demand, a setback for a product the company had trumpeted as a sign of
The Cypriot economy shrank by 0.3 per cent in the fourth quarter of 2009, according to flash estimates released today by Eurostat. On an EU-wide basis, the GDP increased by 0.1%, the
Euro zone states urged Greece on Monday to announce more deficit-control steps by mid-March if needed, but said nothing new of last week's pledge to defend the country if debt market pressures
President Demetris Christofias presented the Employers and Industrialists Federation (OEV) annual Financial and Business Excellence awards on Monday. The Bank of Cyprus, a leading financial institution, was presented with the award for
Members of the young shipping community in Cyprus as well as guests from Greece, Germany and the United Kingdom, gathered in Limassol recently for the first BIMCO39 day held at the Columbia
“Our thinking does not need to change, the world does!†Cyprus Tourism: Einstein Was Wrong! “Our thinking does not need to change, the world does!” BY DR. THEODORE PANAYOTOU Albert Einstein cautioned
. The Cyprus airports operator Hermes should be commended for its marketing approach to promote Cyprus products at its own shops within Larnaca and Paphos airports. The idea is to fill all
