* Sellers include smaller boutique managers and bank/insurance companies * Moody's expects increased merger and acquisition (M&A) activity among asset managers, as an improving economy and higher valuations offer stronger growth, Moody's
* Increasing use of Internet and social media to compare and buy * A new breed of customers, namely the digital natives, is expected to dominate the life insurance sector, according to
The European Financial Stability Facility (EFSF) has approved the disbursement of 1 bln euros to Greece, taking into consideration the full implementation of a set of milestones agreed in April. This is
Daily Market Report Βy Jameel Ahmad, Chief Market Analyst at FXTM The surprising bullish momentum for the EURUSD abruptly ran out of steam yesterday, with the European markets hit by emerging concerns
Citizens of the Republic of Cyprus, who are permanent residents or intend to travel to Thailand, are advised to exercise extreme caution. According to an official press release, the security situation in
Germany handed Brazil its heaviest World Cup loss ever on Tuesday with an astounding 7-1 rout in the semifinals that stunned the host nation. Miroslav Klose scored a record-setting 16th career World
Emirates, will serve Mauritius with a double daily A380 service from 1st December this year. This second A380, which will operate as flight EK 703/704, replaces the existing Boeing 777 operation and
Fitch has upgraded the ratings of the Bank of Cyprus and Hellenic Bank, after the government lifted its final local capital controls, but warned that the island’s biggest lender still faces a
Etihad Airways, the national airline of the United Arab Emirates, celebrated a major milestone as the fastest growing airline in commercial history, when it took delivery of its 100th and 101st aircraft
The European Commission adopted Thursday proposals with view to “turn Europe into a more circular economy and boost recycling in the Member States”. Achieving the new waste targets would create 580.000 new
