Cypriot tennis player Marcos Baghdatis has secured a place in the semi-finals of the Dubai Tennis Championships, after beating Germany’s Michael Berrer with 2-0 (7-6 6-1). On Friday at 5 o’ clock
Retail sales in Cyprus dropped in volume terms by 3.3% over the year earlier in December 2009, according to provisional figures from the Statistical Service. This was a milder drop than the
Oil fell by around $2 per barrel on Thursday to below $78, dragged lower by concerns over the outlook for the European economy and about the pace of U.S. recovery after a
The Malta Stock Exchange and the Cyprus Stock Exchange signed a Memorandum of Understanding at the Malta Stock Exchange premises in Valletta. The Memorandum of Understanding was signed by Dr Arthur Galea
EU inspectors visiting Athens expect declining gross domestic product and high borrowing costs will make it hard for Greece to meet its deficit-cutting targets this year, a senior Greek finance ministry official
New orders for long-lasting U.S. manufactured goods excluding transportation unexpectedly fell in January, while the number of workers filing for jobless benefits rose last week, suggesting a loss of momentum in the
The European Commission left its 2010 growth outlook for the euro zone unchanged on Thursday despite concerns about Greece and other reports painting an increasingly grim picture. The euro zone should squeeze
Bank of Cyprus Group has issued its profit guidance for 2010 forecasting profit after tax will be between EUR 300 and EUR 400 mln, the same as in 2009, expecting positive contribution
The Board of Directors of the Bank, taking into consideration the Group’s financial results, has decided to propose at the Annual General Meeting of its shareholders a final dividend of EUR0,08 per
Bank of Cyprus Group’s profit after tax for 2009 reached EUR313 mln, while return on equity was maintained at 14,0%, in line with Management’s forecasted profit range of EUR 300-400 mln, but
