Fed keeps rates steady

The FOMC statement provided no surprises, with the Fed pointing out that economic growth had “slowed in the first part of this year” while signalling that its predominant concern was the risk

Louis charters new ship

Louis Pcl announced the chartering of cruise ship M/V Ruby (ex M/V Ocean Countess) as of 28 May 2007 up to 29 October 2007 and will replace M/V Oceanic II on 28

Zorbas issues negative profit warning

The management of A. Zorbas & Sons (ZRP) issued a negative profit warning with respect to its first quarter results compared to its performance a year ago in the same period, blaming

Cyprus passes final Maastricht test

But will there be a political one?   Cyprus appears to have passed the final Maastricht test in what could be the last inflation report before the country’s European partners consider whether

SFS establishes subsidiary in Dubai

SFS Group Public Company Limited announced the establishment of the subsidiary company Gulflink International Securities Limited in Dubai International Financial Centre («DIFC») in United Arabic Emirates, on May 8, 2007.Gulflink is 100%

Seventh extension for USB bids

The CSE Council in agreement with the Securities and Exchange Commission and decided to extend by 3 working days the period of acceptance of the Competitive and Revised Public Offer of Aspis

Austrian President on state visit to Cyprus

Austria’s President Heinz Fischer arrives in Cyprus on Thursday for a three-day state visit. Fischer and his entourage will be welcomed by Foreign Minister George Lillikas and Austria’s ambassador in Nicosia Dr.