Flagstone Reassurance Suisse SA Limited announced that it has proceeded with a squeeze out for the acquisition of the total issued shares of Alliance International Reinsurance Public Company Limited (ALL). On August
The White House and congressional Democrats on Tuesday night reached an agreement in principle on a $15 billion proposal for bailing out U.S. automakers, officials said. A Bush administration official and a
Asian stocks rallied more than 3 percent to a one-month high on Wednesday on hopes governments worldwide will help out ailing industries and implement stimulus measures as they fight back against a
A general strike shut down Greece on Wednesday, grounding flights, closing banks and schools and restricting hospital services in action that piled pressure on a conservative government hit by the worst riots
The trade deficit in Cyprus widened to EUR 4,727.4 mln in January-September 2008 , compared with EUR 3,827.7 mln in January-September 2007. Total imports/arrivals amounted to EUR 5,601.5 mln in January-September, compared
The economic recession gripping Britain is likely to be as long and deep as the previous three major post-war downturns, Bank of England (BoE) policymaker Andrew Sentance said on Tuesday. Speaking at
European Union leaders must show U.S. President-elect Barack Obama they are serious about tackling economic slowdown and climate change by agreeing firm action on both this week, the bloc's executive said on
OPEC needs to make a large cut in supplies at a meeting next week, its third reduction since September, to prevent further falls in oil prices as world demand slumps due to
The Qatar Central Bank and the Central Bank of Cyprus, expressing their mutual interest and willingness in establishing and promoting bilateral ties in the domain of supervision of credit institutions, signed last
World shares ticked higher on Tuesday, encouraged by higher U.S. stock futures which indicated Wall Street could add to the previous day's strong gains, and an unexpected rise in a German economic
