Hedge fund manager Ospraie Management LLC will close its flagship fund after it plunged 27% in August on losses in energy, mining and natural resources equity holdings, in one of the biggest
First half profits reported by companies listed on the Cyprus Stock Exchange tumbled by 47% year-on-year to EUR 465.55 mln from EUR 879.38 mln in the same period a year ago in
The Carey Group announced the establishment of Carey Group (Cyprus) Limited, a corporate, trust, domiciliation and administration business focused on the provision of comprehensive administration and domiciliation services to institutional and private
Rival leaders of divided Cyprus launched reunification talks on Wednesday to end a decades-old conflict threatening Turkey's EU membership hopes. Cypriot President Demetrios Christofias, representing the Greek Cypriot community, and his Turkish
Hellenic Bank issued to KEO Plc ‘Bonds 2018’ amounting to EUR 10 mln. The bonds have been issued on September 1, 2008 and will expire on 31 August 2018 are part of
Oil prices held below $110 on Wednesday and the dollar neared a 10-½ month high, raising hopes of an easier business environment for manufacturers and exporters, but rattling resource-focused stocks. Japan's Nikkei
Tashir Group, a Russian developer of commercial property, said it borrowed $150 mln from a group of banks to repay existing debt. The five-year loan was arranged by Raiffeisenbank's Russian subsidiary, Amsterdam
The United Kingdom will be the first market in the world to launch 'Comes With Music', Nokia’s groundbreaking service which introduces a revolutionary way for people to discover and enjoy music. The
Cyprus leaders launch talks on September 3 to reunite the divided island in what diplomats say is the best chance in decades to end a conflict threatening Turkey's European Union aspirations. Mediators
European shares rose early on Tuesday as a sharp fall in the oil price took the edge off inflation concerns and lifted airlines and travel stocks, while autos gained from a weakening
