Time for bankers to risk an apology?

By Golnar Motevalli (Reuters) No-one expects a fallen Master of the Universe to say sorry. But academics say an apology — for all the litigation risk it entails — can be the

Wall Street cuts losses amid bargain-hunting

Stocks cut losses on Friday and the Nasdaq briefly turned positive as a search for bargains by investors tempered recession worries. Reassuring results from tech bellwethers Google and Advanced Micro Devices Inc

Short-term interbank dollar rates ease

Short-term interbank dollar rates eased on Friday in response to governments' aggressive steps to unclog money markets, but longer-term funding remained scarce as market participants awaited further details of these plans. The

MTN aims to become leading telco in Cyprus

19% market share, 159,000 subscribers MTN Group has started the implementation of its ambitious expansion plan to become the leading telecommunications company in Cyprus together with joint venture partner Amaracos Holdings, part