Cyprus - Page 2107

The Cyprus Securities & Exchange Commission has fined Commercial Value SA, the insurance company in which Aspis Holdings has a significant stake with EUR 100.000 for selling its 25% stake in Universal

UBS, the Swiss banking giant has removed the shares of Bank of Cyprus from its recommended list of top investments. “The removal of Bank of Cyprus reflects our strategy move to reduce

It is hereby announced that the board of directors of Libra Holidays Group Plc at the meeting held on 11th July 2008 Mr. Yiannos Pantazis was appointed as a new Managing Director,

By Maria Koniotou Euro- Mediterranean Heads of States and Government decided to launch “The Barcelona Process: Union for the Mediterranean” with a view to take advantage of the opportunities offered by an

Cypriot Banks and the Bank Employees Trade Union (ETYK) reached a preliminary agreement regarding the Collective Agreement for 2008-2010 providing for a 2.0% annual wage increase for 2008, 2009 and 2010. Press

Ocean Tankers Plc (OCT) issued a positive profit warning for its 1H08 results on the back of an increase in the Company’s fleet. A year ago in 1H07 OCT posted a net

Options Cassoulides Public Co Ltd (OPT) announced that its subsidiary is expanding into the Far East. The Company’s subsidiary, Choice Pharma Ltd based in London has now expanded into Taipei, Taiwan. In

The Board of Directors of Bank of Cyprus decided to revise the interest rate of the Convertible Bond issue 2013/2018 from 6.5% to 7,5% fixed for the first two interest periods (that

The European Commission has proposed to establish a European Union-wide scheme to provide free fruit and vegetables to school children. European funds worth €90 mln every year would pay for the purchase

Worsening malnutrition and the threat of disease outbreaks are compounding Ethiopia's humanitarian crisis, the World Health Organization announced in Geneva, adding that it is working with the government of Ethiopia and health