Greece: Alpha Bank net falls 76%

* NBG profits seen down 64% Alpha Bank, Greece's third-largest lender, on Tuesday reported a sharp drop in 2010 earnings, hurt by higher bad debt provisions and weak loan growth as the

Outlook stable for hedge funds in 2011

The 2011 credit outlook for hedge funds is stable overall, with signs of improvement underpinned by the industry's positive performance and profitability, Moody's Investors Service said in an Industry Outlook published Tuesday.

Wine auctions see booming sales

After buoyant wine auctions that saw booming sales, most auctioneers believe the only bubbles in the wine market are in the Champagnes poured during the bidding. Chicago-based wine merchants Hart Davis Hart

Austrian Foreign Minister to visit Cyprus

Austrian Foreign Minister Michael Spindelegger is arriving on Thursday, March 24, in Cyprus, on an official visit where he will meet his Cypriot counterpart and UN officials. According to an official announcement,