Cyprus - Page 1881

The legislation guaranteeing bank deposits up to EUR 100,000 has cleared the last hurdle and after approval by the Cyprus Cabinet this week will be tabled before parliament for urgent passage. Under

The Boston Globe's biggest union reached a tentative accord early on Wednesday with owner New York Times Co to secure the money-losing newspaper's survival after a month of intense negotiations. The Boston

Turkish Cypriots spent EUR 5.1 mln using credit and debit cards in the southern part of Cyprus during the first three months of the year, according to data from the credit card

Credit card spending fell in the first four months of 2009 according to data from the credit card company JCC. Local plastic card use by Cyprus residents fell by 1% to EUR

Bank of Cyprus is leading a major a recovery in Cyprus stocks, pushing the CSE index to an 18-week high, with analysts baffled at why Cyprus banking shares are racing higher at

The U.S. economy will begin to turn up later this year provided the financial sector continues to mend, although unemployment will remain high for a while, Federal Reserve Chairman Ben Bernanke said

President of the Republic of Cyprus Demetris Christofias leaves for Qatar Tuesday afternoon for an official visit, heading a multi-member delegation. Accompanied by First Lady Elsi Christofia, the President will be chairing

Hellenic Bank Public Company Ltd announces that it secured a license for the conduct of banking operations in Russia, which has been issued by the Central Bank of Russia. The licence was

Oil eased to around $54 a barrel on Tuesday pressured by a stronger dollar and forecasts that U.S. crude inventories probably rose from their highest level in almost two decades. The pullback

The decline in activity in Britain's construction sector slowed markedly in April, a survey showed on Tuesday, helped by improvements in the housing, commercial and civil engineering sectors. The Chartered Institute of