Hellenic Bank issued to KEO Plc ‘Bonds 2018’ amounting to EUR 10 mln. The bonds have been issued on September 1, 2008 and will expire on 31 August 2018 are part of Tier 2 Capital. The interest is payable every three months and will be paid cash at the end of each period. The Bonds
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Oil prices held below $110 on Wednesday and the dollar neared a 10-½ month high, raising hopes of an easier business environment for manufacturers and exporters, but rattling resource-focused stocks. Japan's Nikkei average was up nearly 1%, although MSCI's index of other Asian markets was 0.8% lower, dragged down by resource-related stocks in Hong Kong
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Tashir Group, a Russian developer of commercial property, said it borrowed $150 mln from a group of banks to repay existing debt. The five-year loan was arranged by Raiffeisenbank's Russian subsidiary, Amsterdam Trade Bank, Banque Societe Generale Vostok and Bank of Cyprus, Raiffeisenbank said. Tashir will pay an annual rate of 6.4 percentage points over
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The United Kingdom will be the first market in the world to launch 'Comes With Music', Nokia’s groundbreaking service which introduces a revolutionary way for people to discover and enjoy music. The new service gives people a year of unlimited access to the entire Nokia Music Store catalog with the ability to keep all downloaded
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Cyprus leaders launch talks on September 3 to reunite the divided island in what diplomats say is the best chance in decades to end a conflict threatening Turkey's European Union aspirations. Mediators are pinning hopes on two moderates — newly elected Greek Cypriot Demetris Christofias and Turkish Cypriot Mehmet Ali Talat — for a realistic
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European shares rose early on Tuesday as a sharp fall in the oil price took the edge off inflation concerns and lifted airlines and travel stocks, while autos gained from a weakening euro. At 0845 GMT, the FTSEurofirst 300 index of top European shares was 0.7 percent higher at 1,198.16, recovering from a low of
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British Prime Minister Gordon Brown cut an unpopular tax on home purchases on Tuesday as part of a package to boost the country's slumping housing market and lift his flagging political fortunes. Brown's government said properties worth less than 175,000 pounds ($316,000) would be exempt from the tax, known as stamp duty, for one year,
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Greek Cypriot and Turkish Cypriot organisations have organized a peace march on the occasion of the World Peace Day. Greek Cypriot and Turkish Cypriot political parties participated in the event (left wing AKEL, right – wing DISY, Social Democrats Movement EDEK, Ecologists and Environmentalists Movement, United Democrats, Turkish Cypriot parties TDP, BKP and YKP) as
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Bank of Cyprus announced that it has been notified by Morgan Stanley that on Wednesday 27 August 2008 Morgan Stanley & Co International Ltd and Morgan Stanley & Co Incorporated New York increased their participation in Bank of Cyprus shares by 0.09%. Following the above mentioned increase, Morgan Stanley & Co International Ltd and Morgan
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Google Inc is adding YouTube-like video communications features to its business application suite, looking to make video-sharing among office workers as easy as trading e-mails or instant messages. Unlike YouTube, which is aimed at consumers, Google Video for business is designed to be shared among designated users within an organization's own Web domain, protecting executive
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