cyprus

Hassan Nasrallah, the leader of Hezbollah, has warned of an unrestricted conflict with Israel. He also threatened Cyprus, marking a first in the history of the Lebanese militant group’s confrontations. What Happened: Nasrallah declared that Hezbollah is prepared to fight “without rules...

Residents of Cyprus are turning to the weight-loss drug Ozempic, despite limited availability and originally being intended for diabetics, Cyprus Mail reported. The country has been swept up in the global craze for the drug, which contains the active agent semaglutide. This agent copies the...

Spanish authorities, in collaboration with several other countries, arrested the CEO, sales executive and marketing director of cryptocurrency platform Bitzlato for their alleged involvement in money laundering. What Happened: A total of six people were apprehended, all of whom were...

Three years after seeing its economy in tatters and the nation facing bankruptcy, Ireland has become the first eurozone member to end its IMF/EU bailout. "This isn't the end of the road,” Michael Noonan, the Irish finance minister, told a news conference on Friday. “This is a very significant...

There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful, or just down right comical. 1. Pattern Traders Ltd. Pattern Traders Ltd. (@JEliasof) tweeted the statement from...

Free & Live Event: Join our very own Nic Chahine for a for a webinar tonight to discuss how to boost your weekly income using credit spreads. Click here to secure your spot now! Futures Tick Higher Ahead of Fed U.S. equity futures traded slightly higher ahead of the much anticipated Federal...

Futures Lower on Weak U.K. Employment Data, Easing Fears U.S. equity futures declined in the pre-market following weaker than expected U.K. employment data which showed that the U.K. economy lost jobs unexpectedly in March. Also, fears over the massive global QE, specifically in the U.S. and Japan...

More details of the Cyprus bank bail-in were released early Monday and showed that the largest depositors in Cypriot banks are set to lose an astonishing 8.3 billion euros as part of the deposit levies. In total, depositors will lose a reported 10.6 billion euros, meaning small depositors,...

Futures Lower Ahead of Bank Earnings U.S. equity futures slipped in early pre-market trading Friday ahead of key earnings from U.S. banking giants J.P. Morgan Chase (NYSE: JPM) and Well Fargo (NYSE: WFC). Famed analyst Dick Bove believes that 2013 bank earnings will be record-setting earnings once...

Cyprus' financial sector bailout has swollen in size, according to draft documents from the international creditors including the International Monetary Fund, the European Central Bank and the European Union. Cyprus' bailout has swollen some 35 percent in just a few weeks, from an initial...

Futures Rise With Global Shares U.S. equity futures rose in early trade Thursday as global shares gained on new stimulus rounds. Asian shares rallied and European shares gained for the third straight day as sovereign bond yields on peripheral nations declined. Top News In other news around the...

Futures Rise On Alcoa Beat U.S. equity futures rose slightly in pre-market trade following a positive report from economic bellwether Alcoa (NYSE: AA). Alcoa reported first quarter EPS ex-items of $0.11 which beat estimates of $0.08 but sales fell slightly short of the forecast. Alcoa also...

Futures Creep Higher Despite Korean Tensions, Weak Payrolls U.S. equity futures crept higher in early pre-market trade Monday despite North Korea increasing rhetoric over a missile test and following Friday's much weaker than expected Non-Farm Payrolls report. It is widely expected that North...

Futures Lower On Europe Fears, Cyprus Banks, Eyeing GDP U.S. equity futures traded lower in early pre-market trade on European fears as Cyprus looks set to reopen its banks for the first time since a week ago Monday. The government will put in place harsh capital controls for a minimum of two...