World stocks fell to nearly six-year lows on Monday and the dollar hit 3-year peaks after a a 12.5 billion pound ($17.75 billion) rights issue by HSBC and another cash injection to
HSBC, Europe's biggest bank on Monday announced a 48 percent discount rights issue to raise 12.5 billion pounds ($17.7 billion), or 12.85 billion pounds ($18.32 billion) including fees. Below are the details
Economic impact estimated at 6.2 bln euros/year by 2020 By Pete Harrison (Reuters) – Italy, Spain and Greece could bear the brunt of climate change in Europe this century, with heatwaves and
CNP Marfin Insurance Holdings Ltd, the newly formed company from the partnership agreement between France’s leading insurance company, CNP Assurances and the insurance companies of the Marfin Popular Bank of Cyprus, is
Tourism and business ties between the Islamic Republic of Iran and Cyprus are expected to increase and get closer when direct flights between the two countries are established, according to Iran’s Ambassador
The University of Pittsburgh Medical Center (UPMC) has come to an agreement with Paphos Plantations, a member of the Leptos Group of Companies for the management of a new hospital to be
. All the fuss and hoopla about a Qatari sheikh wanting to build a six-star luxury hotel across the street from the Hilton, makes one wonder where these ludicrous stories are generated
The positive effects of the aggressive action taken by the U.S. Federal Reserve and governments around the world is seen rubbing off on equity markets from the second half of 2009 and
The Cyprus Institute (CyI) and IBM announced that they will pursue collaborative research in the areas of computational sciences and high performance computing. The research agenda will include multi-scale simulations of materials
. BY PANAYIOTIS KYRIACOU Business Consultant MIEE, MBA, ACIMC The months to come will be quite promising in terms of economic challenges that Cyprus businesses will face. Such issues need to be
