Cyprus will be participating in the crisis management exercise Evropi II 2008, organised by EU HELBROC battle group and supported by the EU. The exercise will be held from September 6 to
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
Weak UK housing and retail sales data knocked sterling to a 12-year low on Thursday, while oil prices edged up as Tropical Storm Gustav threatened to damage U.S. oil installations in the
Ermes Department Stores (ERME.CY) announced that turnover of the Group for the first six months of 2008 amounted to EUR101,4 mln, showing an increase of 26,8%. The operation of a number of
The U.S. economy grew at a solid 3.3% annual rate in the second quarter, much stronger than first thought, but many economists expect growth to flag as the year progresses. The U.S.
Moody's Investors Service has revised its outlook for European building materials companies to ‘negative’ from ‘stable’ as a result of worsening economic conditions and a marked slowdown in the construction industry, the
GDF Suez Energy International has won the contract to build, own, and operate the Al Dur 1 power generation and seawater desalination plant, a major independent power and water project in Bahrain.
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
Schneider Electric and Fuji Electric Holdings reached an agreement to establish a joint venture in the field of electrical distribution and industrial control, following the signing of a memorandum of understanding announced
A child born in a Glasgow suburb can expect a life 28 years shorter than another living only 13 kilometers away. A girl in Lesotho is likely to live 42 years less
