Anheuser-Busch Cos Inc plans to reject InBev NV's unsolicited $46.3 billion takeover offer, saying it undervalues the company, a source familiar with the situation said. Anheuser-Busch, the brewer of Budweiser beer, and
The economy grew at an upwardly revised 1.0% annual rate in the first three months of 2008, helped by stronger consumer spending and exports, a Commerce Department report showed. The department had
Europe's fourth-largest bank UniCredit laid out bold plans for growth in central and eastern Europe (CEE), where it is already the biggest lender, while cutting back on jobs in western Europe. In
Bank of England policymakers calmed market expectations of early interest rate rises, saying that they wanted to avoid a marked economic slowdown which might pull the inflation rate below target. While several
Investments by members of the British Private Equity and Venture Capital Association (BVCA) rose by more than a third in 2007, a report by the trade body and PricewaterhouseCoopers LLP showed on
A delegation of the Cyprus Chamber of Commerce and Industry (KEVE), headed by its president Manthos Mavrommatis, departed for Iran on Thursday. The delegation comprises businesspeople active in the construction and finance
The economy of Cyprus is expected to grow between 3.5% to 3.7% in 2008, according to Finance Minister Charilaos Stavrakis. “Under the current circumstances, the rate of economic growth is considered satisfactory,
The FIA World Motorsport Council confirmed in Paris on Wednesday morning that the Cyprus Rally will return to the World Rally Championship (WRC) circuit next year. The 2009 FIA Cyprus Rally will
Primetel Plc announced that its initial public offering (IPO) for 14,352,000 new shares held between 9 and 18 June 2008 at the price of EUR0.36 per share has been covered by 1.92
Left wing AKEL has decided to vote against the Lisbon Treaty a week before the debate at the House of Representatives Plenary which is expected to approve the Treaty. As Cyprus is
