World stocks hit a two-week low on Tuesday after Merrill Lynch said it would take a $5.7 billion writedown to offload toxic debt, upsetting investors already nervous about the health of the
Merrill Lynch & Co said it will take a $5.7 billion third-quarter write-down as it unloads huge amounts of risky debt, and will raise $8.5 billion by selling new stock. The Wall
Asian stocks fell sharply on Tuesday, after Merrill Lynch, the third-largest U.S. investment bank, said it would take a $5.7 billion write down related to bad debt, draining confidence in the unstable
A strike by about 4,000 Lufthansa cabin and ground staff over pay caused only minor disruption in Germany on Monday but a number of European flights were likely be cancelled on Tuesday,
The Bush administration on Monday projected the U.S. budget deficit will soar to a record of nearly half a trillion dollars in fiscal 2009 as a housing-led economic slowdown cuts into government
The interest for the quarter 20/05/2008 -19/08/2008 on the floating rate Capital Securities Series B issued by Bank of Cyprus Public Company Ltd will be paid on 20th August 2008. The record
Oil rose towards $124 a barrel on Monday after an attack on Nigeria's oil industry cut output, but signs of faltering demand in top consumer the United States limited gains. The U.S.
Companies that are due to begin their IFRS conversion projects over the next couple of years could be underestimating the full extent of what this entails, says KPMG. In the worst case
European shares fell in early trade on Monday with banks weighing on sentiment amid fears over more writedowns and failures and airlines struck by a profit warning at Ryanair. By 0814 GMT,
A start-up led by former star Google engineers on Sunday unveiled a new Web search service that aims to outdo the Internet search leader in size, but faces an uphill battle changing
