The British pound fell after the Bank of England stepped in to provide emergency funding to U.K. lender Northern Rock Plc, and as thousands of depositors queued outside the group’s 76 branch
Standard & Poor’s Ratings Services said that it lowered its long-term counterparty credit rating on U.K. mortgage bank Northern Rock PLC to ‘A’ from ‘A+’. At the same time, the ‘A-1’ short-term
The Cyprus Statistical Service has announced the publication of the annual report on distributive trade entitled “Wholesale and Retail Trade Statistics, 2005â€. The report provides comprehensive data on sales, turnover, gross output,
The ambassadors in Nicosia of the five permanent members of the Security Council met on Wednesday with UN Secretary General’s Special Representative Michael Moller where they reviewed the latest developments on the
The new image of international shipping is the focal point of the Maritime Cyprus 2007 Conference, to be held in Limassol on September 23-26. This is the tenth conference since the meeting
Donald Nolan and James Crouse of the Chicago-based Nolan Law Group filed a lawsuit on Monday against The Boeing Company and others for the wrongful deaths of passengers of a Greek Army
The Securities and Exchange Commission has not allowed the publication of the Public Offer Document for the acquisition of CPI Holdings Public Ltd by AL Prochoice, as this has been prepared by
Salamis Tours (Holdings) Public Ltd announces that cruise ship Salamis Glory has returned from the port of Haifa to the port of Limassol and continues its program normally.
Citigroup has commenced coverage on Marfin Popular Bank with a Buy (1H) rating and EUR12 target price. MPB is the product of a 2006 three-way merger. It is run by an entrepreneurial
The increasing diversity of European covered bonds means that investors should take a close look at the risks to which they are exposed, according to a report published today by Standard &
