Oil eases as weak demand outweighs OPEC

Oil eased on Tuesday, pressured by expectations that a global recession will crush demand for oil, which could limit the impact of any supply cuts by OPEC. U.S. light crude for November

Japan and France bolster banks, IMF poised

Japan and France offered a helping hand to their banks on Tuesday and the International Monetary Fund (IMF) prepared to intervene in financial trouble spots in several corners of the globe. Despite

Hellenic Bank 9 month results on Nov 27

Hellenic Bank Pcl (HB.CY) announced that its Board of Directors will meet on Thursday, November 27 2008 in the afternoon to consider the results for the first nine months of 2008. The

Marfin CLR Pcl to launch as of January 1, 2009

The EGM of Laiki Investment EPEY Public Company Ltd (LI.CY) that took place on 17th October 2008 approved the Reorganization and Merger Plan with CLR Capital Public Limited (CLR.CY) according to which: 

IMF chief Strauss-Kahn apologizes for affair

International Monetary Fund chief, Dominique Strauss-Kahn, on Monday apologized for "an error of judgment" in an affair with a subordinate, but denied he had abused his position. In a staff memo after