TOKYO (Reuters) – Merrill Lynch will announce a further $6 bln to $8 bln of asset writedowns in its quarterly results this week, the Wall Street Journal reported on Wednesday, citing a
Two years after the establishment of the first Community list of airlines subject to an operating ban in the European Union, the European Commission is imposing a ban on all operations of
The Annual General Meeting of Bank of Cyprus Public Company Ltd that will be held at the Bank of Cyprus Group Headquarters on Wednesday, 14 May 2008 at 4.30pm will among others
European shares fell by midday after U.S. conglomerate General Electric posted disappointing quarterly earnings and cut forecasts, while banks dropped on lingering concerns over a global credit crunch. GE reported a 6%
Cypriot Minister of Finance Charilaos Stavrakis is rushing to the Ukraine on Monday, to lobby the Ukrainian authorities to remove Cyprus from their “tax blacklist”, while efforts are also under way to
Aspis Holdings Plc (ASP.CY) has issued ambitious revenue and profit growth targets for the period 2008-2010 as the insurance, financial services and entertainment group seeks to broaden its activities through an aggressive
The Bank of England cut interest rates by a quarter-percentage point for the third time in five months in an attempt to cushion the economy from the global credit squeeze. The cut
The U.S. economy has already slipped into recession or will do so this year, according to a forecast of economists in the Blue Chip Economic Indicators Survey released. However, the recession is
(Reuters) – The U.S. trade deficit widened unexpectedly in February as imports of consumer and other goods set a record and grew faster than exports, which hit a record for the 12th
…personal value of goods to increase to EUR 260 The Commission adopted a proposal for a Council Regulation amending the "Green Line Regulation" to further facilitate trade on the island of Cyprus.
