Draft European Union solvency rules that could push Britain's insurers into a 50 billion pound ($80 billion) capital raising are likely to be watered down, eliminating a drag on the sector's shares.
G20 leaders promised last week to rebalance world growth, and upcoming data will show that it is already happening, although not for the reasons they want. While the world's economic leaders would
German Chancellor Angela Merkel, whose conservatives on Sunday won enough votes to form a coalition with the pro-business Free Democrats, said on Monday she was committed to cutting tax but refused to
The events of the project titled Triptych: Poetry – identity – Coexistence, which is organised within the framework of the European Culture Programme (2007-2013) in 2009 – 2010, are taking place in
Minister of Communications and Works Nicos Nicolaides expressed confidence on Monday that ''shipping will recover from the current crisis,'' noting that ''the intensity of the shipping crisis is beyond any traditional periodicity
Financial Mirror analyisis shows that the decline in retail sales appears to have bottomed out in July, as the volume index fell according to provisional figures by 2.6% over July 2008, having
— Maritime Cyprus Conference 2009 gets underway in Limassol — The Cyprus government is about to announce some improvements to its current tax regime for the shipping sector, in an effort to
— Greek authorities revoke licenses of 5 Aspis insurance companies — Aspis Liberty Life Insurance Public Company Ltd (LIB) announced that it is not affected by the decision of the Greek insurance
Both employer organisations in Cyprus have criticised the government’s plans to change the period of VAT submissions by large companies from quarterly to monthly, saying this will seriously hurt their liquidity and
Louis Cruises India, a subsidiary of the 12-ship Louis Cruises fleet, has launched operations in India using Kochi in Kerala as its homeport. The company said in an announcement that the launch
