The dollar eased back towards record lows versus the euro on Wednesday as a pick-up in risk appetite prompted by central bank measures to boost liquidity petered out. On Tuesday the Federal
Oil fell from record highs near $110 a barrel on Tuesday as the U.S. dollar rallied after the Federal Reserve and other central banks injected liquidity into strained financial1 markets. U.S. light
Smart Technologies has announced the launch of the new Board 600i interactive whiteboard system. This second-generation integrated system combines the Smart Board 680 interactive whiteboard with the new Unifi 45 projector and
Brother Group announced it has achieved a 60% drop in carbon emissions in 2007 compared to its CO2 levels in 1990. The Group has also shaved off its total energy consumption of
Motorola, Inc., through Motorola Ventures, its strategic venture capital arm, announced a strategic investment in Quantum SPA, a leading provider of portable media mobility players. Financial terms of the investment were not
The Cyprus industrial output prices index rose by 7.9% in January compared with the same month of 2007, reaching 132.1 (base 2000=100) and by 0.9% compared with December. Consumer price inflation in
The U.S. Federal Reserve said on Tuesday that with pressure mounting again in financial markets, it was expanding a securities lending program and will accept a broader range of securities as collateral.
NEW YORK (Reuters) – U.S. stocks rallied on Tuesday, led by financial shares, after the Federal Reserve said it would add up to $200 billion to strained credit markets as part of
World stocks edged higher from 1-1/2 month lows on Tuesday while the dollar stabilised near record lows as investors paused to assess the impact of expected U.S. interest rate cuts next week
The Bank of Cyprus has been declared as Cyprus‘ best bank for a second consecutive time, in Global Finance’s World’s Best Developed Market Banks 2007 report.According to a Bank of Cyprus’ press
