Business - Page 1955

The unemployment rate for 2006 is seen at 3.7% from 3.8% in 2005 according to Ministry of Finance forecasts as a result of the higher growth rate of the economy. The Ministry

JP Morgan has upped its price target on the shares of Bank of Cyprus Pcl (BOC) from CYP 5.30 to CYP 5.90 or EUR 10.3 maintaining its overweight recommendation, but the higher

Marfin Financial Group announced that it purchased another 6.8 mln shares of Laiki Bank (CPB) at an average price of CYP 2.73 on August 18, 2006, lifting its stake in the bank

Louis plc is pleased to announce that a franchise agreement has been signed with easyCruise Ltd,. The agreement provides that Louis plc, under certain conditions relating to investing in and operating a

A massive increase in interest from foreign companies, mostly Greek, to snap up undervalued Cyprus assets has led to a major boost in Mergers & Acquisitions (M&A) so far this year, with

A Tsokkos Pcl (TSH) has submitted a bid interest to acquire Dome Investments (DOME) is an all cash deal seeking minimum 50% plus 1 vote or maximum 100% of the company at