A major British manufacturing survey unexpectedly weakened in November and house price data confirmed an earlier rebound in house prices had slowed, raising questions about the strength of the economic recovery. Most economists still expect Britain's economy will return to growth in the last three months of the year after its longest recession in at
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Turkey has to fulfill its obligations, as the Ankara Protocol describes, and open its ports to Cyprus, Coordinator on the Cyprus problem of the Socialist Group in the European Parliament, Mechtild Rothe, said here today. In statements, after being received by the President of the Cyprus Republic, Demetris Christofias, at the Presidential Palace here today,
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U.S. stock index futures rose on Tuesday as concerns over Dubai's debt problems eased and investors awaited a host of economic data, including pending home sales. Dubai World, the government-owned investment firm, said it will restructure about $26 billion of its estimated $59 billion in debt, reassuring investors that the emirate's problems can be contained.
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Nokia plans to install Linux software on just one new smartphone next year, a source told Reuters on Monday, dampening prospects of a quick makeover of the Finnish group's struggling product line-up. The Finnish firm has started to invest more in Internet services in recent years, seeking to counter falling handset prices and increased competition
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Amazon.com said on Monday that its Kindle electronic book reader posted its best sales yet in the month of November, as rivals struggle with fulfilling their customer orders. The online retailer said shoppers were buying several Kindles at once as holiday gifts, while businesses and organizations were buying the device "in large quantities" for employees
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Serious offences fell in 2007, according to the latest available figures from the Statistical Service, which published the Annual Report “Criminal statistics”, on Tuesday. The report presents data on crime, based on information provided by the police, the courts and the prison. It also presents comparative data for the period 1976-2007. According to the report,
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European shares rose on Tuesday, bouncing back from falls in the previous session, as fears eased about the fallout from Dubai's debt problems and investors' appetite increased for relatively risky equities. Banks and commodity stocks provided the bulk of the gains for the index as investors piled back into assets perceived as sensitive to economic
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Euro zone unemployment remained stable at 11-year highs in October but September jobless numbers were higher than previously reported, showing the labour market has yet to feel the effects of a nascent economic recovery. Unemployment in the 16-country area totalled 9.8 percent of the workforce, unchanged from September's upwardly revised reading, the European Union statistics
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The interest for the quarter 20/09/2009 -19/12/2009 on the Capital Securities 12/2007 issued by Bank of Cyprus Public Company Ltd will be paid on 20th December 2009. The record date for those eligible to the interest payment is 10th December 2009, that is holders of the above mentioned Capital Securities who will be registered on
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Hellenic Bank Public Company Ltd (HB) announced the reorganization plan which concerns the absorbance of activities of its fully subsidiary, Hellenic Bank (Finance) Ltd. As a result of the absorbance, the subsidiary will be dissolved without liquidation and its total assets and liabilities will be transferred to the Bank.
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