Universal sale to drag into October

Universal sale to drag into October The decision by Laiki Bank (CPB) and Bank of Cyprus (BOC) to dispose of their stakes in Universal Life Insurance to the Dutch based multinational Eureko

Oil stays below $50 a barrel mark

Oil prices have slipped back from record levels, narrowly avoiding a breach of the $50 a barrel mark. Fresh violence in Iraq triggered yet another oil price surge on Friday, before dealers

Oil nears key $50-a-barrel mark

Fresh violence in Iraq has seen oil prices surge to new records, nearing $50 a barrel. New York light crude reached $49.27 a barrel for the first time in European trading, following