Sales of previously owned homes in the United States rose at a slower-than-expected pace in May, an industry survey showed on Tuesday, pointing to a sluggish recovery from the severe economic recession.
President Barack Obama will throw his weight behind legislative bids to reform healthcare and cut U.S. greenhouse gas emissions on Tuesday in his fourth White House press conference since taking office. Obama,
The Extraordinary General Meeting (EGM) of the shareholders of Bank of Cyprus held on 23 June 2009 in Nicosia approved the amendment of the terms of the Share Options Plan for the
As the European economy suffers its worst post-war recession, the European Recovery Plan provides needed fiscal support to ailing economies. But rising public debts and the contingent liabilities incurred by governments to
The regulations pertaining to the bill increasing the bank deposit guarantee scheme from EUR 20.000 to EUR 100.000 and a faster compensation framework were the subject of discussion at the House Finance
The more than EUR 6 bln reserves of the Cyprus Social Insurance Fund will continue to be held by the government in the form of low interest rate loans rather than invested
Greece, Europe's heaviest smoking nation, will try to kick the habit by banning tobacco in indoor public places from July 1, but many doubt the ban will work. Greece breaks all European
Cyprus is seriously interested in the Chinese market and the Beijing tourist market is the initial step of a specific strategy to attract tourism from this gigantic market. This was the message
Oil fell towards $67 a barrel on Tuesday as uncertainty over the state of the global economy hit equity markets and increased expectation that oil demand could be slow to revive significantly.
A stumble in sentiment punctured hopes of a rapid rebound from recession in the euro zone's services-led economy and the European Union and United States faced off against China in a looming
