Arnold Schwarzenegger is changing his famous catch-phrase to "I'm back" from "I'll be back." The former governor of California said on Thursday that he was returning to his former role as a Hollywood action hero. "Exciting news," he wrote on Twitter. "My friends at CAA (Creative Artists Agency, his talent firm) have been asking me
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Asian stocks fell more than a percent and were on course for their biggest weekly loss in nine months as investors shunned risk on concerns about the pace of policy tightening in the region and growing tensions in Egypt. A broad sell-off in Asia since the start of 2011 on inflationary worries has shown no
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Nokia and Microsoft have teamed up to take on Google and Apple in the fast-growing smartphone marketld use Windows Phone as the software platform for its smartphones as part of new chief executive Stephen Elop's overhaul of the world's biggest cellphone maker. Nokia has rapidly lost share in the higher-margin smartphone market to the likes
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The sooner longstanding problems are solved, the sooner Cyprus will be sending signals of trustworthiness to international markets, the Governor of the Central Bank of Cyprus Athanasios Orphanides said on Thursday, pointing out that some of the downgrading of the island's economy can be reversed. Speaking after a lunch organised by the Nicosia Rotary Club,
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Preparations for Cyprus’s EU Presidency in the second half of 2012 is at a very good stage and is progressing according to schedule, the Head of the Secretariat of the Cyprus EU Presidency, Andreas Moleskis, said here today. Replying to a question about the progress of the preparations, Moleskis said ''we are on a good
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Greek bank stocks were losing more than 4.0% on Thursday, underperforming the broader market, on wider government bond spreads and a downswing in Europe. "Disappointment over Credit Suisse results and a widening of yield spreads prompted some profit taking after a good run this month," said analyst Nick Galousis at Kappa Securities. At 14:45 GMT
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Just two years after the merger between Laiki Investments and CLR, the new entity Marfin CLR continues to command the volume of trade on the Cyprus stock exchange accounting for one in four transactions in January when the market turnover reached 87.7 mln euros. Marfin CLR remained in the lead with trades worth 21.3 mln
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A new Irish government is likely to wait until a fresh round of stress tests are completed before recapitalising the country's top lenders, giving the only bank left trading on the main index more time to avoid state control. The main opposition party, expected to lead the next government after a Feb. 25 election, said
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Greek Minister of Foreign Affairs Demetris Droutsas will be visiting Cyprus on February 14, to discuss developments in the Cyprus problem and the next steps in the process for a solution. Droutsas is expected to be received by President of the Republic Demetris Christofias and to meet with Minister of Foreign Affairs Marcos Kyprianou. On
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If you live in Italy and if the barking of your dogs keeps the neighbours up at night, it's you who might wind up caged — in a jail cell. The top appeals court sentenced four people in Sicily to two months in jail because they refused to keep their 10 dogs quiet at night
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