A handful of the world's top hedge fund managers took home 10-figure paychecks last year that set records for the highest-ever payouts on Wall Street. John Paulson, who ran a medium-sized hedge fund
Piraeus Bank Cyprus has been swamped with applications from the public to open accounts during the first 80 days of its operations here, banking on the huge success of its “that simple”
The pace of Chinese growth eased only modestly in the first quarter to 10.6 percent, showing the resilience of the world's fourth-largest economy despite fierce winter weather and a global credit crunch.
The Cyprus government will impose a 15% VAT on the purchase of land, effective as of 1 July 2008, thus fulfilling its tax obligations towards the EU. The adoption of VAT on
Vassiliko Cement Works Pcl (VCW.CY) has signed a letter of intent with the Chinese company ‘CBMI Constructions Co Ltd’ (CBMI), for the construction of a new modern clinker production unit of 2m
Home foreclosure filings surged 57% in the 12 month-period ended in March and bank repossessions soared 129% from a year ago, as homeowners struggled to make mortgage payments, real estate data firm
Britain's main inflation rate unexpectedly held steady in March, official data showed on Tuesday, suggesting strong price pressures further up the economic pipeline have yet to be passed on to consumers. The
Bear Stearns said on Monday profit fell 79% in its fiscal first quarter, ahead of a liquidity crisis that led to the investment bank's purchase by JPMorgan Chase & Co. Net income
LOS ANGELES (Reuters) – A closely watched poll of McDonald's Corp domestic franchisees showed that U.S. same-store sales ticked up 0.9% in March, the smallest increase in the survey's roughly three-year history,
ZURICH (Reuters) – UBS needs three years to repair the reputation damage suffered after it bet massively, and wrongly, on the U.S. mortgage market and became the world's hardest-hit bank from the
