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

Hellenic Bank (HB) has decided to terminate the services of Georgos Panayiotou, its Head of Operations in Greece, following reports that the Greek operations were instrumental in forcing the bank to hike

Lanitis Development (LDL), the developers of the Aphrodite project including golf, hotel and luxurious houses reported that total revenue climbed by 38.5% year-on-year to CYP 21.13 mln in 2004 from CYP 15.26

Christis Dairies (CDL) reported a huge loss when reporting its 2004 preliminary results on the back of falling sales, and extraordinary losses sustained from the termination of unprofitable activities. Christis reported that

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