The European Union vowed on Tuesday to work to enlist emerging Asian economic giants China and India in a summit to reform the global financial system. French President Nicolas Sarkozy and European
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 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
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:
Andrew Cahn, Chief Executive Officer (CEO) of UK Trade and Investment (UKTI), has explored ways to deepen and further promote economic and commercial relations between the United Kingdom and Cyprus, during his
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
Debenhams Plc, Britain's second-biggest department store chain, posted a 16 percent drop in annual profit on Tuesday, in line with expectations, and halved its dividend amid worsening trading conditions. The group, which
Democrat Barack Obama has opened an 8-point lead over Republican John McCain two weeks before the U.S. presidential election, according to a Reuters/C-SPAN/Zogby poll released on Tuesday. Obama leads McCain 50 percent
Twenty million jobs will disappear by the end of next year as a result of the impact of the financial crisis on the global economy, a United Nations agency said on Monday.
Following are the latest measures taken by governments to limit damage from the global financial crisis: * ITALY – Italy said it was readying a new plan to guarantee the debts of
