Britain has gone through the worst of the recession and should return to growth in the fourth quarter, although there is "still a lot of work to do", two Bank of England
European shares fell further on Friday, a day after posting their biggest one-day drop in seven months, as concerns about contagion from Dubai's debt crisis curbed investors' appetite for riskier assets. By
The Board of Vassiliko Cement Works (VCW) proposed the payment of an interim dividend payment of EUR 0.015 to its shareholders. Ex-dividend date is set on 10 December 2009. Furthermore, the island’s
Options Cassoulides Plc (OPT) recorded a loss attributable to the Company’s shareholders amounting to EUR527.700 compared to a profit of EUR295.000 in the corresponding 2008 period. Total revenue fell by 54% to
The Cyprus Business climate in November 2009 improved to plus 3.0 units month-on-month, according to the Business and Consumer Survey conducted by the Economic Research Centre of the University of Cyprus in
The House of Representatives has ratified an agreement between Cyprus and Lebanon for the re-entry of persons who enter or reside illegally in the territory of any of the two countries. The
The House of Representatives unanimously ratified the agreement between the Republic of Cyprus and the Russian Federation for cooperation in the health and medical science sector. The agreement, which was signed in
Marfin Popular Bank and MIG issued a statement insisting that they are not affected by developments occurring in Dubai. Due to a number of articles regarding the ownership of shares of our
Moody's Investors Service has downgraded the ratings of three Romanian commercial banks in light of its global review of systemic support indicators for the country's banking system, and also because of the
The yen hit its highest level in 14 years on the dollar on Friday and also jumped against the Australian dollar and higher-yielding currencies, with investors unwinding risk trades as stocks fell
