Further drilling in Slovakia by Cyprus-based EMED Mining Public Limited have extended the zone of mineralization at its Biely Vrch Prospect to an estimated 50 million tonnes with a grade range of
Anglo-Saxon investment banks and opportunity funds are in the process of substantially deepening their commitments in Germany. The US investment bank Morgan Stanley has evolved, within a short period of time, into
Lufthansa German Airlines announced it will introduce a new regular flight between Larnaca and Munich next Spring. Starting on March 14, the route will be served three times weekly and will take
Dubai Financial Group (DFG), the financial holding company for Dubai Group will increase its stake in Marfin Popular Bank (MPB) up to 30% and in Marfin Investment Group (MIG) up to 20%
…focus on wholesale banking  Greeec’s Eurobank EFG said that it plans to open four branches in Cyprus over the next three months to focus on its wholesale business and servicing international
Ericsson announced a new hosting agreement to provide real-time charging services for AT&T’s popular GoPhone wireless pre-paid service in the US and Puerto Rico. GoPhone has been hosted on Ericsson’s convergent real-time
2-year Treasury notes have posted their biggest gains in more than five years. Deepening concerns about housing and credit-market losses sent investors flocking to the safety of Treasury bonds. The yield on
With energy requirements and climate change remaining key issues, there is a need for more explicitly green environmental strategies, writes Giorgio Cortiana in the latest issue of UBS Investor’s Guide. The US
Government bonds have once again shown themselves to be a safe haven during the recent market turmoil. Now, however, there may be clouds on the horizon for the bond markets according to
Emerging Asian currencies (AXJ) have gained ground against the USD. However, AXJ strength reflects a passive appreciation, since they have lost strongly versus other G10 currencies. Asian central banks’ foreign reserve growth
