BOC hits fresh record high

Bank of Cyprus shares trading on the ASE finally made a clear break above EUR 3.34 resistance, touching an intra-day high of EUR 3.44 or CYP 2.00 on high volume, which helped

Savvides takes helm at CAIR

The Council of Ministers appointed the chairman and vice chairman of the Board of Directors of Cyprus Airways as well as two new members. The new Chairman is Lazaros Savvides, current Permanent

eBay launches classified ad sites

Online auction house eBay has launched a series of classified advertising websites in Canada, China, France, Germany, Italy and Japan. The move comes as the company faces pressure to match its strong

Non-performing loans weigh on Bank results

As the island’s three largest banks scored a massive improvement in their core profits during 2004, with Bank of Cyprus and Laiki reporting a spectacular improvement in net profits, the high level