Fannie Mae's capital and reserves positions are better than market expectations, according to an analyst at Lehman Brothers, who also said the biggest U.S. mortgage finance company may not need any more
Weak UK housing data knocked sterling to a 12-year low on Thursday, weighing on European stocks already under pressure as oil prices edged up on supply concerns over a brewing tropical storm
The EU Scholarship Programme 2008/2009 received very good interest from the Turkish Cypriot community and managed to attract many applications. Having evaluated carefully all the applications, the European Commission decided to support
SFS Group Pcl (SFS.CY) issued its first half financial results, posting a net profit figure of EUR 14.6 mln, down moderately by 8.3% year-on-year from the EUR 15.9 mln profit booked in
Petrolina Holdings Pcl (PHL.CY) reported a significant decrease in its first half results with net profit declining 37.2% year-on-year to EUR 3.6 mln. EPS fell to EUR 0.0411. Total sales surged by
Options Cassoulides Plc (OPT.CY) announced that its subsidiary NDD Publications has entered into an agreement with Kathimerini SA for the issue of newspaper “Kathimerini” in Cyprus. The Company is expected to commence
Cyprus will record the strongest population growth between 2008 and 2060 among all EU-27 member states. According to Eurostat, between 2008 and 2060, the population in EU27 is projected to rise in
Costas Christofides, Vice-Rector of Academic Affairs at the University of Cyprus said the University’s aim is to increase the number of students to 7,500 by the academic year of 2011-20012. “This year
Cypriot football champion Anorthosis Famagusta FC has become the first Cypriot team to qualify for the UEFA Champions League group stage. Anorthosis, a refugee club from Famagusta under Turkish occupation since 1974,
But not much expected Russian President Dmitry Medvedev looked east for support for Moscow's tough line over Georgia, which has inflamed relations with the West and prompted talk of a new Cold
