Goldman Sachs (GS) have removed Bank of Cyprus from their Conviction Buy List but have maintained their positive view on Bank of Cyprus’s balance sheet structure and long-term growth potential, and reduced
Bank of England Governor Mervyn King warned the government on Thursday not to allow its spending to get out of control or start underwriting new mortgage lending as Britain nears its first
Oil prices fell more than $1 on Thursday, nearing a five-month low, weighed down by a stronger dollar and concerns over weakening demand. U.S. crude fell as low as $101.43 and was
Worries about the global financial sector drove world equities to their lowest in more than two years for a second day on Thursday, while the U.S. dollar struck a one-year high against
A federal judge in San Jose has given preliminary approval to a $14 million settlement of shareholder claims over backdating of stock options against current and former Apple Inc executives, court documents
Britain's leading share index dipped early on Thursday, as retailers fell after some disappointing results and offset a rally from miners sparked by a recovery in commodity prices. By 0801 GMT, the
European stocks fell early on Thursday as gains for mining stocks thanks to higher metals prices were offset by weak financials, led by French insurer AXA . By 0815 GMT, the FTSEurofirst
The Greek Cypriot side proceeds to direct negotiations for a Cyprus solution with self-confidence, President of Cyprus Demetris Christofias said Thursday. The Cypriot President and his aides left the Presidential Palace in
Minister of Foreign Affairs Markos Kyprianou hosted Wednesday evening a formal dinner for the heads of diplomatic missions of Arab countries in Cyprus, on the occasion of the Muslim religious month of
Asian shares fell broadly on Thursday, with shares outside Japan at the lowest since October 2006, hit by persistent instability in the financial sector, while the U.S. dollar struck a one-year high
