President Barack Obama laid out his vision for recrafting U.S. financial regulation on Wednesday, vowing to halt "a cascade of mistakes … over the course of decades" that eroded bank and market
Britain will hold out for firm assurances at a European Union summit on Thursday that a drive for pan-EU banking supervision will not further weaken national powers to regulate its huge financial
Cyprus President Demetris Christofias called on Wednesday for joint action for tourism as state revenues from tourist sector decline. Addressing the General Assembly of the Association of Cyprus Travel Agents, Christofias assured
The number of Britons claiming jobless benefit rose less than expected in May but the rise was still enough to push the unemployment rate to its highest in more than a decade,
The Bank of England's Monetary Policy Committee voted unanimously this month to keep interest rates at a record low of 0.5 percent and maintain its 125 billion pound quantitative easing programme. Minutes
An intense and at times “ugly” price war seems to have erupted among auditors in Cyprus in their quest to maintain market share faced with demands for cost savings by clients, big
Aspis Holdings Public Company Ltd (ASP) released details of the acquisition of Proton Insurance SA, which has been finalised at EUR7.8 mln for the acquisition of 92.71% of Proton Insurance SA. Aspis
The Cyprus Inland Revenue Department (IRD) reported that tax revenue for the period January – May 2009 declined by 11% YoY to EUR 582.19 mln from EUR 651.58 mln in the same
Two gunmen shot dead a Greek anti-terrorist policeman guarding a witness in Athens on Wednesday then fled on a motorcycle, police said. In the worst attack since riots in December launched a
Cyprus’ Permanent Representative to the UN, Minas A. Hadjimichael, in a letter to the UN Secretary General, protested new violations of the international air traffic regulations and the national airspace of the
