Cyprus and Greece confirm close cooperation

By Christa Nicolaou Athens,  (CNA) – The excellent relations and close cooperation between Athens and Nicosia were reconfirmed during a meeting here today between the newly elected Cypriot President Demetris Christofias and

Cypriot President meets Greek political leaders

By Christa Nicolaou Athens,  (CNA) –Cypriot President met here today Greek political leaders, as part of his working visit to Athens. Main opposition PASOK leader George Papandreou assured President Christofias that as

NKS stake in CTC at 84.93%

Following the completion of the public offer submitted by N.K. Shacolas (Holdings) Ltd (NKS) Public for control of the majority shares of Cyprus Trading Corporation Pcl (CTC), the acquirer, NKS announced that

Fed report says U.S. growth slowed in early 2008

Federal Reserve districts all saw decelerating economic growth in early 2008, even as prices pressed upward almost everywhere, the central bank’s “Beige Book” report on economic conditions said on Wednesday. “Reports from

Buffett ‘becomes world’s richest’

US investment guru Warren Buffett has ousted his friend and occasional bridge partner Bill Gates as the world’s richest man, Forbes magazine says. The Microsoft co-founder had topped the Forbes business magazine’s

Democrats Obama, Clinton ready for long battle

By John Whitesides, Political Correspondent WASHINGTON,  (Reuters) – Barack Obama and Hillary Clinton on Wednesday faced a long fight for the Democratic U.S. presidential nomination, with Obama promising to get tougher on

Lemissoler Shipping joins with Bahrain investors

SFS Group Public Company Limited announced that its subsidiary Lemissoler Shipping Group PCL, has sold five subsidiary companies, owners of five paper carriers, to the newly established company Lemissoler Maritime Company W.L.L.