Hellenic Bank reported interim post-tax losses of 46.1 mln euros for the first half of the year, a negative turnaround from the 14.9 mln in profits in the same period last year,
* Retail, cars hurt most by capital controls and consumer cutbacks * Cyprus Trading Corporation Plc, the main holding company of the retail giant NK Shacolas Group, seems to have overcome
Britain is sending six RAF Typhoon jets to Cyprus as a defensive measure amid growing tensions over Syria and talks of Western military intervention. A spokesman for the Ministry of Defence said
Police seized a painting of Russia's president and prime minister in women's underwear from a gallery in St Petersburg, saying the satirical display had broken unspecified laws. The officers also removed a
By combining bargain deals, an assortment of different products, and entertainment, while promoting Cypriot products and local culture, City Markets brings its own twist to the trendy local market movements with fun
* Battle heats up for board control, old vs. new shareholders * The Bank of Cyprus saga does not seem to let up. With the dust at the island’s main lender just
Deposits in the Cypriot banking system in July registered a monthly drop of €956,2 million to €49,74 billion compared with €50,69 billion in June and compared with deposits of €70,56 billion in
Cyprus’ Foreign Affairs Ministry urges all Cypriot citizens who reside or visit Syria to leave the country immediately, in light of the deteriorating situation. A travel advisory for the Syrian Arab Republic,
The former First Lady of Cyprus is one of the latest victims of her husband’s failed economic policy. Elsi Christofia has applied to the state for redundancy pay, joining some 12,000 unemployed
The Cyprus Stock Exchange (CSE) is going ahead with plans to introduce a market for derivatives by the end of the year or early-2014, that will boost its revenue-earning capabilities and diversify
