SFS Group Plc (SFS) issued its nine months (9M09) financial results posting a 97% decline in net profit figure to EUR 535.000 compared to a profit of EUR 18.7 mln in 9M08.
Pacific rim finance ministers agreed on Thursday to undertake monetary policies based on "market-oriented exchange rates" that reflect underlying economic fundamentals. In a statement issued after an Asia Pacific Economic Cooperation meeting
U.S. Treasury Secretary Timothy Geithner offered fresh reassurances to Asian nations that the Obama administration was committed to a strong dollar and to actions aimed at bolstering its value. "It's very important
European shares fell in early trade on Thursday, led lower by banks and commodities stocks, as investors awaited euro zone industrial production numbers and U.S. weekly jobless figures. By 0934 GMT, the
Motorola Inc is in the early stages of looking into a potential sale of its $4.5 billion television set-top box and network equipment business, two sources said on Wednesday. Motorola is in
Britain's top share index was flat early on Thursday, as investors cheered BT Group's second-quarter results, offsetting weakness in energy stocks and miners. At 0913 GMT, the FTSE 100 was up 0.47
The renewal of Cyprus Airways' fleet is continuing in an effort to increase efficiency, company's Spokesperson Kyriacos Kyriacou said, noting the company is planning to acquire four new Airbus and sell three
Total tax revenue collected by the Inland Revenue Department during the first ten months of 2009 fell by 15% to EUR 1.45 bln from EUR 1.72 bln a year ago in the
Governments may take up to seven years to sell stakes in banks bailed out during the financial crisis, due to complexity of rescue deals and an unattractive disposal environment, PricewaterhouseCoopers said on
Japan's Nikkei share average fell 0.7 percent on Thursday with shipping firm Nippon Yusen falling on dilution worries related to its capital-raising plan, while Honda and other carmakers rose after a positive
