Hedge fund manager Ospraie Management LLC will close its flagship fund after it plunged 27% in August on losses in energy, mining and natural resources equity holdings, in one of the biggest
First half profits reported by companies listed on the Cyprus Stock Exchange tumbled by 47% year-on-year to EUR 465.55 mln from EUR 879.38 mln in the same period a year ago in
The Carey Group announced the establishment of Carey Group (Cyprus) Limited, a corporate, trust, domiciliation and administration business focused on the provision of comprehensive administration and domiciliation services to institutional and private
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
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
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
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
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.
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
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
