Dollar edges lower, hits 8-wk low vs euro

The dollar edged lower against most major currencies on Tuesday, hitting an eight-week low against the euro as investor sought riskier assets, though the greenback's losses were tempered after share prices pared

Obama calls for deeper U.S.-Chinese ties

U.S. and Chinese officials began grappling on Monday with how and when to withdraw the huge economic stimulus spending each has applied and to put in place measures to promote steadier long-term

Irish are the biggest spenders in Cyprus

Figures from the Cyprus Statistical Service show that tourists from Ireland were the biggest spenders in June, spending on average EUR 1,188 per person, or EUR 116.8 per day, compared with a

Bank of Cyprus to list Uniastrum Bank in Moscow

Bank of Cyprus announced a new five year shareholder agreement with George Piskov and Gagik Zakaryan, Chairman and President of Russian Uniastrum Bank respectively, thereby showing clearly the Bank’s confidence in Messrs

Primetel raises EUR 5 mln

Primetel Plc (PTL), the alternative telecom provider announced that it has successfully completed the issue of the 5-year bond of EUR5 mln, which bears a stable interest rate payment of 6.75% per