Business - Page 1952

Recent data increasingly support the view by Swiss investment bank, UBS that US growth is about to slow. This has significant implications for Asia, with its numerous export-oriented economies. UBS find that

EURUSD has trended sideways as expected over the past two weeks. Both the upper and lower ends of the range between 1.268 and 1.296 were tested, albeit unsuccessfully. The recent trend has

Petrolina Holdings Pcl (PHL), the fuel and lubricant distributor with its own network of petrol stations announced a sharply reduced interim dividend for 2006 as its first half profits came under pressure.

Demetra Investments Pcl (DEM), the island’s largest investment company with 200.000 shareholders on its registry reported a spectacular increase in first half profit to CYP 17.5 mln on the back of a

Louis plc announced Friday that it has agreed to buy the mid-size luxury cruise ship Orient Queen in a USD 22 mln bareboat/hire purchase deal. The announcement said that the lease is