British house prices fell for an 11th straight month in August to stand 5.3% lower than a year earlier, a survey by property consultants Hometrack showed on Monday. That was the biggest
Commerzbank aims to cut almost 2 billion euros ($2.95 billion) in costs by slashing 9,000 jobs and paring laggard investment bank Dresdner Kleinwort after swooping in to buy Dresdner Bank, it said
Oil rose above $116 a barrel on Monday, as a quarter of U.S. crude production was shuttered because of Hurricane Gustav, while Asian stocks were stung by slumping technology shares. Gustav was
Google Inc., facing a U.S. Justice Department probe of its search-advertising partnership with Yahoo Inc. will proceed with the agreement by early October, Bloomberg said. "We are going to move forward," Google
Oil rose by more than $2 above $117 a barrel on Friday, as Tropical Storm Gustav was poised to enter the Gulf of Mexico, raising concerns about its impact on U.S. offshore
U.S. personal income tumbled unexpectedly in July and inflation-adjusted spending shrank at sharpest rate in four years as the lift from government stimulus checks waned, a government report on Friday showed. A
Credit expansion in Cyprus accelerated by 35.2% in July according to figures released by the Central Bank of Cyprus despite the increase in borrowing costs following a rate hike by the ECB.
Trade across the Green Line divide between the two communities of Cyprus increased by almost a third in the 12 months from May 2007, compared to the corresponding period the previous year.
Bank of Cyprus decided to exercise its option to redeem the subordinated bonds 2008/2013 at their principal amount plus accrued interest. The date of redemption is the 3rd October 2008. The Bonds
The professional business services sector in Cyprus has so far weathered the storm in financial markets that began last August, recording an impressive increase in turnover in the second quarter. Compared with
