Hotel strike averted

The Labour Ministry’s Mediating team managed to score a major breakthrough Tuesday helping to avert a catastrophic strike at Cyprus’ hotels during the peak tourism season. The hotel employees belonging to the

BOC breaks higher, helps pull CSE up

…Reputable names buy 12 mln NPL shares Bank of Cyprus Pcl (BOC) shares broke above a key resistance level Tuesday, helping pull the CSE GENX higher on the back of reports that

Soc Gen Cyprus warns against hacker messages

Société Générale Cyprus announced that messages have been received in Cyprus by e-mail and SMS addressed to customers and non-customers of Société Générale Cyprus, allegedly informing them that the Bank is carrying

Aspis appeals on USB bid

Aspis Group S.A. of Greece has appealed to the Cyprus regulatory authorities to safeguard its interest with respect to efforts by the Greek insurer to acquire a controlling stake in Universal Bank

Euro needs to break 1.2940

The euro touched 1.2940 on Monday but failed to maintain the gains, edging lower to 1.2875 area. The 1.2935/40 area remains a critical resistance on the daily charts and is a breakout