Tsokkos bids for Dome

A Tsokkos Pcl (TSH) has submitted a bid interest to acquire Dome Investments (DOME) is an all cash deal seeking minimum 50% plus 1 vote or maximum 100% of the company at

Bagdatis tumbles out of Toronto Masters

Cypriot tennis player Marcos Bagdatis went out of the Toronto Masters in the first round on Monday, when he was beaten 2-1 set by French Julien Benneteau.The tenth seed and Australian Open

Cyprus company registrations surge

Cyprus is on track to record a substantial rise in new company registrations during 2006, with the total number very close to breaking the 150.000 mark. The Registrar of Companies reported that

Aspis launches bid for Universal Bank

Aspis Group of Greece, together with Commercial Value (a related company) have submitted their interest to bid for 60% control of the share capital of Universal Bank (USB) at 90 cent per

IMM short contracts swell to $13.2 bln

Net dollar short positions held by International Money Market currency speculators swelled to 96,751 contracts worth $13.2 bln in the week through Aug. 1 — six times the $2.2 bln worth of

Technical commentary on currencies

EUR/USD: The break above 1.2840 has opened the way for renewed gains towards the next objective of 1.2980/1.3040. The only thing holding back the euro is the substantial short-USD positions established on