Athena Cyprus Investment Co Ltd (ATH.CY) announced its participation in the venture capital Infinity I – China Fund, which focuses on companies related to the high-tech sector. The total amount of investment
Cypriot tennis player Marcos Baghdatis qualified for the quarter finals of the Challenger d’ Orleans. He beat Thursday French Gary Lugassy with 2-1 (1-6, 6-1, 6-2). Baghdadis, who returned to the tennis
Cyprus tourism revenue in July was even more disappointing than arrivals, as revenue from tourism reached EUR 272.9 mln, a decrease of 5.0% compared with the EUR 287.3 mln recorded in July
The total stocks of petroleum products in Cyprus at the end of July recorded an increase of 12% compared to the previous month. Total sales of petroleum products recorded an increase of
The trade deficit in Cyprus rose by 23% in the first seven months of the year, according to provisional figures for July. On the basis of preliminary estimates for July, total exports
Oil prices fell toward $100 on Thursday, weighed down by a stronger dollar and concerns over weakening demand. U.S. crude fell as low as $100.10, the lowest since early April, and was
The Board of Directors of Hellenic Bank Public Company Ltd decided to pay an interim dividend of 5 euro cent per share to the shareholders for 2008. The interim dividend will be
President of the Republic of Cyprus Demetris Christofias, representing the Greek Cypriot community, and the leader of the Turkish Cypriot community Mehmet Ali Talat concluded their deliberations after a meeting in Nicosia,
Goldman Sachs (GS) have removed Bank of Cyprus from their Conviction Buy List but have maintained their positive view on Bank of Cyprus’s balance sheet structure and long-term growth potential, and reduced
Bank of England Governor Mervyn King warned the government on Thursday not to allow its spending to get out of control or start underwriting new mortgage lending as Britain nears its first
