Orams lose Cyprus property battle

The British Court of Appeal ruled Tuesday that a decision by a Cypriot court, in connection with claims relating to Greek Cypriot owned property in the Turkish occupied north, must be executed.

Cyprus motor regs dropped 25.7% in 2009

Figures for December confirm that 2009 was a terrible year for car sales, as total registrations of new and second hand vehicles dropped by 25.7% to 50,291 from 67,722 in 2008. Of

GE profit tops Wall Street forecasts

General Electric Co's quarterly earnings topped Wall Street expectations on Friday, as it kept costs in line despite sluggish demand for jet engines, railroad locomotives and other heavy equipment. The results showed

McDonald’s 4th-quarter profit rises

 McDonald's Corp (MCD.N) reported higher quarterly profit on Friday as strength in international markets offset its weakening U.S. business, which is grappling with high unemployment and rampant discounting. The world's biggest hamburger