Cyprus Trading Corporation Plc (CTC.CY) reported a highly satisfactory increase in first half profit to EUR 14.4 mln compared to a net profit figure of EUR 2.1 mln reported a year ago
A. Zorbas & Sons Public Ltd. (ZRP.CY) issued its 1H 2008 results posting a 50.2% decrease in profitability to EUR 602.000 compared to EUR1.2 mln profit reported in 1H07. The Board of
Microsoft Corp will slash the price of its Xbox 360 game console in Japan by about 30 percent, below Nintendo Co's Wii and Sony Corp's PlayStation 3 in a bid to boost
Oil fell on Monday as concerns that Hurricane Gustav would cause severe damage to the U.S. oil sector eased as the storm failed to pick up strength as it barrelled toward the
Motorola, Inc. and Deutsche Telekom announced a collaboration to deliver IPTV in Germany and Deutsche Telekom will use Motorola's High Definition (HD)-ready IPTV set-tops for its "T-Home Entertain" services. The collaboration will
Ericsson has signed the largest single contract in Vietnam, amounting to USD 450 mln, to develop and modernize Hanoi Telecom's nationwide mobile network. The strategic partnership, a first in Vietnam, will also
Lehman Brothers Holdings has intensified talks with Korea Development Bank (KDB) to raise as much as $6 bln in a share sale that could be concluded this week, the Sunday Telegraph reported.
South Korea's LG Display Co Ltd and Taiwan's Amtran Technology agreed on Monday to set up a joint venture in China to produce flat screen modules and manufacture TV sets for brand
President of the Republic of Cyprus Demetris Christofias leaves for Brussels on Monday to participate in the extraordinary meeting of the European Council later today, which will discuss the crisis in Georgia.
Cyprus Foreign Minister Markos Kyprianou has said that the Greek Cypriot side is proceeding to direct talks on September 3 with good will to help reach a political settlement and hopes that
