By Apostolis Zoupaniotis Washington, (CNA) — Nicholas Burns, outgoing US Undersecretary of State, has indicated that a US high ranking official might visit Cyprus in the near future. Burns had said in recent statements that he might be visiting Cyprus, but he retires from the US government next month. Replying to a questions by CNA
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Yen rises as borrowing rates left unchanged  By Raj Ratna Finotec Analysis Team  15 February 2008    EUR/USD USD/JPY GBP/USD USD/CHF Resistance 1.49051.48501.4670 109.70109.00108.60 1.98251.97851.9740 1.11201.11051.1065 Support 1.46301.45751.4560 107.65107.35107.00 1.96651.96001.9550 1.09501.09351.0865 Ben Bernanke, the US Federal President, delivered his testimony before the senate. He emphasised that there might be sluggish growth in
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Deutsche Bank AG/London analysts are maintaining their Buy recommendation and target price of EUR12 on the shares of Marfin Popular Bank following the release of the 2007 preliminary results. “Our target price is based on a DDM valuation (estimated sustainable ROE of 20%, a cost of equity of 11% and a sustainable growth rate of
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TerraKapital, the Cyprus registered company targeting to achieve above-average returns of over 20% per annum by investing in property assets in the Eastern Mediterranean and South-East Europe, aims to raise up to EUR 15 mln from private investors. The offer is for the issue of redeemable preference shares at EUR 1 per share beginning on
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— Euro strength not a worry, but liquidity issues are  MAN hopes to raise its share of the Cyprus trucks market from a current negligible share to 20-25% within the next five years, Martin Scharrer, CEO of MAN Nutzfahrzeuge told the Financial Mirror. “In every market where we operate, we strive to have at
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By Hideyuki Sano TOKYO, Feb 14 (Reuters) – Japan’s economy grew at double the expected rate in the last quarter of 2007, but a possible slowdown this year means analysts still see the Bank of Japan keeping interest rates on hold in 2008, or even cutting them. Germany’s economic growth slowed as expected in the
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LONDON, Feb 14 (Reuters) – European shares rose 1.2 percent in early trade on Thursday, tracking economic data-driven gains in the United States and Asia, as investors digested broadly stronger results from Europe’s top companies. At 0816 GMT, the FTSEurofirst 300 index of European bluechips was up 1.16 percent at 1,349.70 points, with banks and
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Greek Minister of Foreign Affairs Dora Bakoyiannis said 2008 provides a window of opportunity for the Cyprus problem and that, ”should Turkey be ready to comply with the European acquis, the EU must in turn honour its commitments and grant full member status.” Speaking on ”The Transformation of Southeastern Europe: A Challenge for Smart Power”
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Louis plc (LUI) announces that its subsidiary Progress has reached an agreement for the arrangement of the issue that emerged with the purchase of Aegean I in 2005. According to the arrangement, Progress received an amount of USD 1.77mln and has agreed to withdraw all legal charges and claims against ‘Dolphin Hellenic Shipping S.A’ and
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Yamake for N-Gage, by Nokia Games Publishing, makes it possible for players to create their own games from a range of mini games by adding content, then playing and sharing them with friends and the wider Yamake community. “Players can make, play and share games that are customized using user-generated multimedia content, and we are
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