The European Central Bank slashed interest rates by 50 basis points on Thursday, hoping to breathe life into the euro zone economy as it faces its first recession. The widely-expected cut took
Britain slashed borrowing costs by a record 1.5 percentage points on Thursday and Europe was expected to follow in cutting its rates as part of concerted efforts to revive world commerce and
It sure helps to have the "Guitar Hero" franchise. On Wednesday, two big video game companies reported quarterly earnings, with Activision Blizzard impressing investors while THQ depressed them. Activision Blizzard gave most
Europe's top central banks were under pressure to slash borrowing costs by a record margin on Thursday as part of global efforts to stimulate trade and commerce and ward off deep recession.
The International Monetary Fund approved a $16.5 billion loan program for Ukraine that includes monetary and exchange rate policy shifts to ease strains from the global financial crisis. The IMF, in a
European stocks followed Asia into sharp declines on Thursday and oil extended losses as weak U.S. data intensified fears about the impact of recession in major economies hit by the worst financial
European stocks followed Asia into sharp declines on Thursday and oil extended losses as weak U.S. data intensified fears about the impact of recession in major economies hit by the worst financial
The Cyprus Stock Exchange announced the new composition of FTSE/CySE20 Index, as a result of the latest assessment conducted by the FTSE/CySE20 Committee that took place on Wednesday 5 November 2008. Based
Bank of Cyprus Pcl (BOCY) reported in-line expectations profit of EUR 375 mln for the first nine months of 2008, up 1% compared to EUR 369 mln in the same period a
The Board of Directors of Bank of Cyprus decided to pay an interim dividend of EUR0,15 per share. The ex-dividend date is Monday, 24 November 2008, i.e. buy transactions that take place
