US consumer spending falls in Dec, savings jump

U.S. consumers cut spending for a sixth straight month in December and their incomes shrank, according to a government report on Monday that underscored the rapid deterioration in the economy. The Commerce

SFS wants Cyprus SEC to review ban on Sharelink

SFS Group Public (SFS) announced that it has asked the Cyprus Securities and Exchange Commission (CySEC) to review its decision ordering the suspension of the operational license of Sharelink Securities & Financial

Cyprus Aspis EGM approves share issue

The Extraordinary General Meeting of Aspis Holdings Public Company Ltd (ASP) held on January 30, 2009 approved the special resolutions increasing the Company's nominal capital from 158 mln shares of nominal value

EU consumer chief slams energy, banking sectors

The European Union's consumer chief will investigate the bloc's retail electricity sector this year after an EU-wide report on Monday said some energy, banking and transport companies may be ripping off customers.

UK retailer Woolworths to be reborn online

Woolworths, the 100-year-old sweets-to-DVD retailer that collapsed last month, will be reborn as an online store after its brand name was bought by Shop Direct, Britain's biggest home shopping retailer. Shop Direct,