Petrolina acquires Silk Oil
Petrolina Holdings on Monday released a regulatory announcement stating its acquisition of the oil trading firm Silk oil.
Petrolina will pay a redemption consideration at a maximum amount of €9 million, ...
Carl Icahn sells over half his Herbalife stake for $600 million
Activist investor Carl Icahn has sold more than half his stake in Herbalife Nutrition back to the company for $600 million at $48.05 a share and has given up the five seats ...
‘Astrobank will continue acquisition efforts’ — Chairman Shadi Karam
An interview with Astrobank chair of the board Shadi Karam
In less than five years, since AstroBank took over Piraeus Bank Cyprus in 2016, the bank has elevated its role as ...
Bitcoin rallies above $30,000, gains 300 per cent in 2020
Digital currency Bitcoin extended its record-smashing rally on Saturday, beginning the year with a surge over $30,000 for the first time, with ever more traders and investors betting that it is ...
Cyprus real estate: New ideas for NPLs and management
You can make a large single property easier to monetise by managing it through a fund, says Nicosia-based Resolute Asset Management – they didn’t invent the concept, but they’ve ...
Best investments for 2021 — Pundits
It is rare for most investment pundits to agree about anything, but, at this point in time, there is a remarkable consensus: ‘Things are looking up.’
It is hard to ...
S&P 500, Nasdaq close at record highs, European stocks near record high, Oil down for year
Wall Street advanced on Thursday and the dollar gained ground as investors closed the book on a turbulent year of pandemic, recession and recovery.
The pan-European Stoxx 600 Index clawed back ...