— Ownership change will not affect operations — Société Générale Cyprus (SGC) will continue to operate as usual under its present management and structure, remaining under the operational control of Soc Gen
Cyprus officially recorded a recession in April-June, as GDP contracted over the previous period for the second quarter in a row. According to the latest “flash” estimate from the Statistical Service, real
The number of building permits authorized by the municipal authorities and the district administration offices of Cyprus in May 2009 rose according to Financial Mirror calculations by 25.2% over the year earlier
Cutting greenhouse gas emissions to slow global warming and adapting to impacts such as droughts and rising sea levels are likely to cost about $300 billion a year, the top U.N. climate
Fidel Castro is not the presence he once was in Cuba after three years out of public view but as he turns 83 on Thursday he still has clout and is working
Oil prices fell by more than $1 below $70 a barrel on Tuesday, giving up earlier gains as doubts resurfaced over the pace of economic recovery and any rise in fuel demand.
Stocks extended losses on Tuesday after data showed inventories at wholesalers dropped in June, and downgrades on banks prompted investors to sell stocks. The Dow Jones industrial average (.DJI) fell 85.17 points,
U.S. non-farm productivity in the second quarter rose at its fastest pace in six years as companies slashed costs to protect profits, government data showed on Tuesday. The Labor Department said non-farm
The U.S. Treasury Department should consider expanding programs to cleanse troubled assets from bank balance sheets if current efforts fail to restart markets or if economic conditions worsen, a U.S. bailout watchdog
General Motors Co and eBay Inc are launching a test program in California that will allow consumers to negotiate with dealers and buy new vehicles online, the companies said on Monday. The
