Caution must be ‘front and centre’ as GameStop Corp. shares more than doubled after the Reddit account that drove the meme-stock mania of 2021 posted what appeared to be a $116 million
The Daleela passenger and car ferry resumed its Limassol to Piraeus sailings for the third season on Wednesday and will continue to early September. The roll on-roll off vessel embarked from Limassol
Hellenic Bank announced first quarter profits of €93.3 mln, up 34% year on year, but 25% below the €124.8 mln in the last quarter of 2023, mainly due to higher income from
Energean plc, the London and Tel Aviv-listed exploration, production and commercialisation company, announced a significant find in offshore Egypt, continued natgas supply in Israel and a first quarter dividend. “We continue to
Nvidia is set to report its earnings on Wednesday, and while there will be a significant move in the company’s share price, it’s likely to be more muted than the moves following
Bank of Cyprus Holdings announced €133 mln in first quarter profits on Thursday, up 40% year-on-year, but €5 mln short of the after-tax profits in the fourth quarter of last year. At
Ioannis Mavridis, Cablenet’s financial boss for the past four years, is being promoted to CEO as of July 1, replacing Yiannos Michaelides who is stepping down after four years at the helm
Limassol port has seen a 75% rise in wheeled cargo traffic ever since DP World Limassol took over its operation in 2017, processing around 60,000 multipurpose RoRo units (roll-on/roll-off) last year alone.
Hellenic Bank’s takeover of CNP Assurances’ regional operations, allowing it to dominate the local insurance market is a credit positive, according to Moody’s Investors Service. The €182 mln deal will help the
€182 mln takeover to boost life and general market share to 30% and 23% Hellenic Bank is set to dominate the insurance market after announcing a landmark takeover of the local
