Cyprus still waiting for Tsolakis report

Families of the 121 people who perished in an air crash near Athens last year will have to wait beyond the accident’s anniversary to hear the report of the investigators and the

Lest we forget…

A year has passed from the day the doomed Helios flight crashed near Athens and killed all 121 people on board. As the days get nearer to the August 14 anniversary, accusations

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