Oil held above $63 on Thursday after OPEC ministers meeting in Vienna decided, as widely anticipated, to leave the group's crude output unchanged at 24.85 million barrels per day. U.S. crude oil for July delivery was up 45 cents at $63.90 a barrel by 1404 GMT after having briefly touched $64.19, its highest level since

According to the Bank of Cyprus Dividend Reinvestment Plan, the price at which the final dividend for 2008 will be reinvested into shares is EUR3,93 per share. It is reminded that the price was calculated according to the terms of the Plan, based on the applicable 10% discount on the weighted average closing price of

Cyprus's Hellenic Bank (HB) recorded a net loss of 12.8 mln in the first quarter of 2009 compared to a profit of EUR 22.98 mln a year ago in the same period, which was in line with a previous announcement made by the Group warning of losses. Cyprus's third largest lender said earnings were down

The Association of Friends of Historic and Old Cars of Cyprus (FIPA) has announced the final arrangements of the 21st International Historic Car Rally which is due to take place from the 29th to the 31st May 2009, according to the FIVA (FEDERATION INTERNATIONALE VEHICULES ANCIEN) Sporting Calendar 2009. According to a press release issued

A female student, who arrived from Edinburgh this week, is under observation at Limassol General Hospital after displaying flu symptoms which prompted hospital authorities to admit her to a special ward for treating suspected cases of H1N1 flu. Health Minister Christos Patsalides told CNΑ here Thursday that the initial laboratory results are negative; however he

Special Adviser to the UN Secretary General on Cyprus Alexander Downer said on Thursday that the momentum in talks between the leaders of the two communities in Cyprus for a settlement of the island's political problem is not spectacular but is not worryingly slow, adding that if the momentum is maintained at a satisfactory rate,

The yen fell across the board on Thursday, plumbing to a 2-1/2 week low against the dollar as a spike in U.S. bond yields and Moody's affirming the United States' prized triple-A rating drew Japanese investors into overseas assets. Yields on 10-year U.S. government bonds have jumped more than 50 basis points in the last