U.S. Sept job losses steepest in 5-1/2 years

U.S. employers cut payrolls at the steepest rate in 5-1/2 years during September, slashing an unexpectedly large 159,000 nonfarm jobs as employment contracted for a ninth straight month. The unemployment rate was

Cypriot teams eliminated from UEFA Cup

Cypriot teams APOEL FC and Omonia AC of Nicosia have been eliminated from the UEFA Cup. APOEL secured a 1-1 draw in ''Veltins Arena'' with Germany's Schalke, which advanced in the Cup's

Oil down near $93 on financial turmoil

Oil fell nearly a dollar to near $93 a barrel on Friday, its third consecutive day of losses, on skepticism that a U.S. bailout package would be enough to prevent further oil

Greece to guarantee all bank deposits

Greece's government will guarantee all bank deposits in the country, a senior finance ministry official said, even as the finance minister said the nation's banking system remained completely safe and solvent. Greece's

Cyprus unemployment in August at 3,6%

Unemployment in Cyprus reached in August 3,6%, according to data published by Eurostat. Cyprus records the fourth best performance in the EU -27. In July, unemployment in Cyprus was 3,7%. The euro

Aspis Holdings owns 61.88% of Commercial Value

Aspis Holdings Public Company Ltd (ASP.CY) announced that its total participation in Commercial Value SA stands at 61.88%, after the successful payment of EUR90 mln and all necessary approvals by the Greek