Triple Five, the Canadian finance, transport and retail group owned by the Ghermezian Iranian Jewish family, wants to invest in Cyprus, initially by buying about 500 mln euros worth of government bonds
Moody’s Investor Service has downgraded the three leading Cyprus bank ratings following Tuesday’s cut to ‘junk’ of the Cyprus sovereign ratings, despite the banks’ efforts to raise fresh funds to meet strict
In mid autumn the government will have completed the evaluation to choose the company that will join the venture to create a Modern Oil Terminal and Storage at Vasiliko area. The Minister
Moody's Investors Service downgraded Tuesday Cyprus' government bond ratings by one notch to Ba1 from Baa3, assigning a negative outlook to the ratings, citing increased risk for the government to provide financial
Ricardo Teixeira, the controversial head of the Brazilian Football Confederation and the man charged with organising the 2014 World Cup, quit on Monday following a string of corruption scandals. Teixeira, the most
The United States, its European allies and the U.N. chief slammed Syrian President Bashar al-Assad on Monday for a year-long assault on anti-government protests that has killed thousands and brought Syria to
Art researchers and scientists said on Monday that a high-tech project using tiny video probes has uncovered evidence that a fresco by Renaissance master Leonardo da Vinci lost for five centuries may
Turkey will begin drilling for oil or gas in northern Cyprus towards the end of March, the head of state energy company TPAO said on Monday. Any gas discovery in this area
Police stepped up security in the Macedonian capital Skopje on Sunday to stem ethnic violence threatening a precarious peace in effect since civil war was narrowly avoided a decade ago. No one
Greek Finance Minister Evangelos Venizelos will run unopposed for the leadership of the Socialists, party officials said on Sunday, as the political focus shifts towards a parliamentary election now that Athens has
