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
The future of mergers and acquisitions in Cyprus is in jeopardy because of the inability of people or companies successfully acquiring in excess of 90% of the capital of a target company
— Lower trading fees to be matched by higher Central Registry fees  The Cyprus Stock Exchange (CSE) has embarked on a new round of negotiations with its members and listed companies
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
UBS analyst Thomas Flury expects EURUSD to top out at around the 1.45 level according to the latest UBS Investor’s Guide. Fed rate cut expectations are already very high and will hardly
Marfin Investment Group (MIG) announced that it has reached an agreement for its participation in the largest department store chain in Serbia, JSC Robne kuće Beograd (RKB), after an auction that was
