Business - Page 2239

The Investor Compensation Fund has not been adversely affected by the recent developments concerning Suphire and is functioning smoothly, according to informed sources. The fund promises to pay EUR 20.000 or CYP

The Central Bank has quashed reports that it has taken over the regulation of the CSE Clearing and Settlement system, stressing that it is simply overseeing the operation of the system, as

Societe General (Cyprus) is reported to be engaged in advance negotiations to buy the 12 branches of Emporiki Bank in Cyprus, in an attempt to gain a faster foothold in the highly

According to the results of the Innovation Survey carried out by the Statistical Service among enterprises with 10 or more employees, 48.4% of enterprises had some form of innovation activity during the

The US Federal Reserve Tuesday raised interest rates a quarter-point to 2.75%. Experts had anticipated the rate hike and that the Federal Reserve would continue its policy of modestly increasing interest rates.