Piraeus Bank (Cyprus) has secured the agreement of three principle shareholders of Atlantic Insurance Pcl (ATL.CY) to acquire 18% of the company for EUR 14 mln with an option to increase its
Bank of America Corp wants to settle state and federal probes into the marketing of auction-rate securities on similar terms similar to those reached with other major banks, Bloomberg said. The second-largest
The old saying holds true: The rich do get richer. Even as world financial markets broke down last year, personal wealth around the world grew 5% to $109.5 trillion, according to a
The US has pledged to support both sides, the Greek Cypriot and the Turkish Cypriot side, as they proceed with direct negotiations, aiming at reunifying Cyprus. Robert Wood, Deputy US State Department
Cyprus President Demetris Christofias has analysed the progress achieved so far during his meetings with the Turkish Cypriot leader Mehmet Ali Talat, outlined his expectations from the negotiating process, referred to the
Imports from Greece have reached 1.1 billion euro, marking a 16% increase, said Commerce, Industry and Tourism Minister Antonis Pashalides. Speaking at a press conference on the sidelines of the 73rd Thessaloniki
Andreas Papaellinas (Holdings) Limited (AP) acquired 10,772,820 shares of C.A. Papaellinas Trading Pcl (CAP.CY), owners and managers of the Alfa Mega hypermarkets operating in Nicosia and Limassol. The acquisition of the shares,
Cyprus participated in the 7th International North Rhine Westphalia Modern Dance Fair in Dusseldorf, Germany, along with some 100 exhibitors from various countries, who presented dance productions, their groups and their creations.
US Senator Joe Biden, running mate of Democratic presidential candidate Barack Obama and an experienced diplomat, has called for the “full withdrawal” of Turkish troops from northern Cyprus in an interview posted
New car registrations in Britain fell an annual 18.6 percent last month to record the market's weakest August since 1966. The Society of Motor Manufacturers and Traders said there were just 63,225
