Business - Page 2260

Equity prices on the Cyprus Stock Exchange (CSE) nose-dived 3% on Friday following a sharp decline witnessed in the shares of Bank of Cyprus trading in Greece. The stamepede for the exits

Two more major shareholders as well as another board member of Lanitis Bros. threw their support behind the takeover bid submitted by 3E (Cyprus) Ltd., a wholly owned subsidiary of Greek Bottling

The Council of Ministers approved a draft law according to which the taxation of fixed odds bets is moved from the punter to the companies organising the bets, with the main objective

UBS, the Swiss banking giant has named Bank of Cyprus, a mid-cap bank as its top pick for 2006 with a general bullish bias for Greek banks where it expects banking sector

More and more French consumers looked to the internet to do their shopping in 2005, with sales totaling 2.9 bln euros (3.5 bln dollars) in 2005, a rise of 45% over the

Following its upward revision to the overall GDP figure last month, China’s National Statistics Bureau has reported that growth has been faster than expected for almost all of the past 12 years.

On the basis of the results of the Passenger Survey, revenue from tourism reached CYP 43.1 mln in November 2005, with no change on the corresponding month of the previous year. For