. BY GEORGE MOUSKIDES Because of the crisis in the property sector, there has been an increase in the last few months in the number of calls for a reduction of various
The Cyprus International Institute of Management (CIIM) is organising open days on March 4 in Nicosia, at CIIM in Aglandjia, and in Limassol at the CIIM premises above the central Starbucks Café
The mission of www.cyprusbusinesswomen.com aims to generate global awareness for women in business in Cyprus, promoting business opportunities, including a directory of women in business, which is free to register. The aim
Cypriot retailing giant Ermes Department Stores (ERME.CY) posted a 7.4% increase in 2008 full-year net profit to EUR10.38 mln, the company said, as it opened new outlets across the island. The group,
Hellenic Bank Public Company Ltd (HB.CY) released its FY08 preliminary financial results, posting a 75% year on year decline in net profit attributable to shareholders to EUR 33.97 mln compared to FY07
Marfin Popular Bank (CPB) posted a 30% decline in its 2008 net profits to EUR394.6 mln from EUR 563.4 mln in FY07, with the decline blamed on reduced exceptional income from sales
The U.S. economy contracted at its sharpest rate since early 1982 in the fourth quarter, revised data showed on Friday, as exports plunged and consumers cut spending by the most in more
The world economy will shrink at least 1 percent this year, as hopes fade that some developing countries can withstand the crisis, the head of the United Nations Conference on Trade and
The Bank of England looks set to cut interest rates by half a percentage point to a record low of 0.5 percent next week and start buying assets with newly created money
World stocks slipped towards this week's 6-year low and oil tumbled on Friday while the dollar hit a three-month peak as financial shares came under pressure after news the U.S. government will
