Logicom Public Ltd (LOG) announced the approval of its final audited FY08 financial results. The Board decided to propose a final dividend of EUR0.04 per share, which corresponds to a 48.7% payout
Cyprus Central Bank Governor and European Bank Member Athanasios Orphanides said that the forecast the CB issued last December for a 2% growth rate in 2009 is ''too optimistic.'' ''The consequences of
Cyprus plans to issue one billion euro bond on international markets by June in a bid to cover the refinance of the public debt expiring in 2009, Finance Minister said. Stavrakis spoke
The real agricultural income of Cypriot workers dropped by 2% in 2008, while EU27 real agricultural income per worker fell by 3.5%, according to Eurostat data released on Thursday. According to Eurostat,
Azerbaijan expressed concern on Thursday at the prospect of the border being opened between its old foe Armenia and Turkey, where U.S. President Barack Obama visits next week. With growing signs of
The number of U.S. workers filing new claims for jobless benefits surged to a nearly 26-1/2 year high last week, data showed on Thursday, indicating that the pace of job losses was
Copper rose towards a five-month high on Thursday, boosted by firmer equity markets and expectations that the G20 heads in London will craft a response to the worst economic downturn since the 1930s.
The European Central Bank cut its main refinancing rate by 25 basis points to 1.25 percent on Thursday, disappointing analysts who had expected a larger cut. The ECB cut rates of its
World leaders are close to agreeing a package of $250 billion in financing to support global trade flows, a source at the G20 summit in London told Reuters on Thursday. But analysts
The unemployment rate in Cyprus reached 4,5% in February, compared to 4,3% in January. According to data issued Wednesday by Eurostat, despite the slight increase in Cyprus’ unemployment, Cyprus has the second
