CPC blocks CYTA-LTV deal

The Commission for Protection of Competition (CPC) ruled late Thursday that the preliminary deal signed between CYTA and LTV is anti-competitive and cannot proceed in its present form. CPC Chairman George Christofides

14-day yield up nearly 50 basis points

Is the market expecting a rate rise? But 52-week is down During the results of the auction conducted on June 22, 2006 for the acceptance of deposits of 14-day duration, bids amounting

Ocean Tankers IPO to raise $15 mln

– High dividends – Shipping academy is the next step Ocean Tankers Holdings Public Co. will be the first ocean-going shipping company to go public on the Cyprus Stock Exchange later this

Cyprus’ Moody’s rating: which is which

Last week the Cyprus News Agency and Ministry of Finance reported that Moody’s Investors Service had upgraded its credit opinion on Cyprus. This puzzled many observers, since Moody’s normally sends out a