Cyprus - Page 1794

Hellenic Bank Public Company Ltd (HB) announced the finalization of the procedure of the public offer for the acquisition of the share capital of Athena Cyprus Public Company Ltd (ATH). The Acceptance

Global oil demand will be almost 0.5 million barrels per day (bpd) higher than previously forecast this year and next on stronger-than-expected U.S. and Chinese fuel consumption, the International Energy Agency said.

Oil rose towards $72 a barrel on Thursday, supported by OPEC's decision to hold output steady and forecasts by the International Energy Agency that global demand will be higher this year and

U.S. mortgage foreclosure filings in August hovered near July's record high despite broad efforts to keep borrowers in their homes and will probably rise for another year, according to a report released

The Bank of England left interest rates at a record low of 0.5 percent for the sixth month running on Thursday and said it would keep its 175 billion pound asset buying

Home Retail Group, Britain's biggest household goods retailer, on Thursday posted better than expected second-quarter sales at both its Argos and Homebase businesses. "Argos and Homebase performed well, delivering cash margin ahead

The U.S. employment picture will stay bleak well into next year long after the recession ends, but the worst of the labor market crisis is over, top private economists said on Thursday.

USB Bank Plc (USB) decided to proceed with an increase of share capital via a rights issue. The potential amount of capital to be raised is approximately EUR15 mln. The Board also

Cyprus President Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat will hold today the first meeting of the second round of the UN-led direct negotiations, which began a year ago, aiming

Cyprus ranked 40th among 183 countries in the World Bank's ''Doing Business Report'' for 2010, covering the period June 2008 through May 2009. This is the first time Cyprus is participating in