Hellenic Bank beats first half forecast

Hellenic Bank (HB.CY) beat market forecasts delivering EUR 50.89 mln in first half 2008 profit compared to forecasts of EUR 48.9 mln, but down from EUR 70.16 mln a year ago. Profit

Ericsson in broadband deal for Saudi tech city

Ericsson is to supply, build, integrate operate and manage multiplay communications infrastructure for Saudi Arabia's high-tech flagship, King Abdullah Economic City. The five-year sole-supplier partnership agreement with Emaar, developer of the smart-city