By Erik Kirschbaum German President Horst Koehler faces a tricky battle for a second five-year term on Saturday that will serve as a test for Chancellor Angela Merkel's conservatives ahead of a
By Cecilia Valente and Joel Dimmock Investment banks, muscling their way in to the market for hedging pension risks, are on course for marriages of convenience with specialist buyout firms as they
The United Arab Emirates, the second-largest Arab economy, has withdrawn from Gulf Arab plans for monetary union, possibly paralysing project a project that has faced hurdles for almost a decade. The UAE
Marfin Popular Bank (MPB) shareholders approved the 15 cent final dividend for 2008 during the Bank's Annual General Meeting held on Tuesday in Nicosia. MPB vice-chairman Andreas Vgenopoulos briefed on Tuesday the
The United Nations report on the UN Peacekeeping Force in Cyprus, which will be distributed as an official document on Wednesday and the report which was distributed unofficially to members of the
Oil prices firmed above $60 a barrel on Wednesday to touch a new six-month high on bullish inventory data and a spate of refinery accidents in the United States, in spite of
Britain's FTSE 100 index slipped 0.2 percent by midday on Wednesday as weakness in banks outweighed gains in energy stocks buoyed by the firmer crude price. By 1048 GMT the FTSE 100
President of the Republic of Cyprus Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat are expected to meet again tomorrow in the framework of direct negotiations which began last September with
The Bank of Cyprus Group has completed the securitisation of a mortgage loan portfolio in Greece. This is the first securitisation of a bank incorporated outside Greece using Greek assets, and the
All nine members of the Bank of England's Monetary Policy Committee voted to keep interest rates at a record low of 0.5 percent in May and extend its quantitative easing programme by
