Wachovia Corp, the fourth-largest U.S. bank, on Tuesday posted an $8.86 bln second-quarter loss, slashed its dividend and announced the elimination of more than 10,700 jobs after losses tied to mortgages soared.
Oil fell below $130 a barrel on Tuesday as a tropical storm moving over the Gulf of Mexico was expected to miss major oil and gas installations. Tropical Storm Dolly, the first
President of the Republic Demetris Christofias initiates today a series of separate meetings with parliamentary parties, which make up the National Council. President Christofias had pledged to consult with the political parties
Joan Ryan, UK Government’s Special Envoy for Cyprus, expressed support for recently established ''Cypriots 4 Cyprus'' (C4C), stressing that the intercommunal campaign group has a crucial role to play during efforts to
OTKRITIE Financõ Cyprus Ltd announced the appointment of Independent Directors to the Board of Directors made at a regular meeting of the Board on July 19, 2008. The new Directors include: Christodoulos
Standard & Poor's Ratings Services today said that Serbia's arrest of wanted war criminal suspect Radovan Karadzic and his expected transfer to the UN War Crimes Tribunal in The Hague are two
Local plastic card use by Cypriots rose by 22% in January-June 2008 when compared with the same period of 2007, slightly slower than the 25% recorded in January-April According to the JCC
Suez Environnement, a global leader in water and waste businesses, celebrated its listing and first day of trading Tuesday on two of NYSE Euronext's European markets: Paris and Brussels, following its spin-off
Stock futures pointed to a lower start on Wall Street, tracking a slide in European equities after dismal results from U.S. blue chips American Express, Apple and Texas Instruments. At 0950 GMT
European shares fell on Tuesday, led by Vodafone, which sank after issuing a weak outlook, while banks were weighed down by disappointing earnings from American Express. By 0826 GMT, the FTSEurofirst 300
