Bank of Cyprus Big Savers to Lose up to 60%

Bank of Cyprus Big Savers to Lose up to 60%

Large depositors at Cyprus’ largest bank may be forced to accept losses of up to 60 per cent, far more than initially feared under the European rescue package to save the country from bankruptcy, officials said Saturday. Deposits of more than 100,000 euros ($128,000) at the Bank of Cyprus would lose 37.5 per cent in […]

Smartphone cellular contracts
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Cellphone Contract Crackdown Sought by Watchdog

Canada’s competition watchdog told the broadcast regulator how it would overhaul cellphone contracts, including doing away with hidden fees and misleading claims designed to make it harder to switch carriers and keep prices high. In a submission to the Canadian Radio-television and Telecommunications Commission, the Competition Bureau laid out changes it would like implemented in […]