Marfin Popular Bank announced the successful conclusion of its capital raising effort, which through the issue of capital securities resulted in the Bank raising EUR 200 mln. On 17 March 2008 the
Global shipments of personal computers slid 7.1 percent in the first quarter, industry tracker IDC said on Wednesday, although falling prices and the increasing popularity of netbooks helped keep sales from slipping
The worst of Britain's recession may be over and there are early signs the Bank of England's quantitative easing programme may be working, according to Bank of England Monetary Policy Committee member-designate
Britain's top share index ticked higher in early deals on Thursday as gains by banks and miners were countered by weak defensives although signs that the recession was abating in the U.S.
World stocks eked out small gains on Thursday as mixed data from China and the United States reminded investors of the fragility of rebounding economies and markets. The Japanese yen rebounded in
Etihad Airways, the national carrier of the United Arab Emirates (UAE), has included the Larnaca International Airport in its flying programme. According to a press release by Etihad Airways, the three flight-a-week
Cyprus will receive EUR2.4 mln from the European Union 2008 budget surplus amounting to EUR1.79 bln euro that will be returned to member states. According to a European Commission, in 2008, member
President Barack Obama promised Americans his administration would reform the "monstrous" U.S. tax system as millions faced the dreaded annual deadline on Wednesday for filing income tax returns. Obama used Tax Day,
By Laurence Fletcher Bankers may rank below journalists among the professions least trusted by Britons, but they refuse to accept all the blame for the worst financial crisis in 70 years. Conceding
By Raymond Colitt Pedro Ferreira spends his days and nights in a cramped, steamy tunnel under the damp earth of the Amazon rain forest, chipping away at a wall of rock glittering
