Bank of Cyprus results on May 28

The Board of Directors of the Bank of Cyprus will convene on Thursday 28 May 2009 to examine the Bank of Cyprus Group financial results for the quarter ended 31 March 2009

Oil rises above $53, buoyed by Chinese data

Oil climbed above $53 a barrel on Monday, extending the previous session's four percent gains, after data out of big fuel consumers China and India stoked expectation economic recovery was gaining traction.