A Cypriot delegation, headed by the Minister of Commerce, Industry and Tourism Antonis Paschalides, will be visiting Russia between 8-11 September to discuss energy supplies to Cyprus. The delegation intends to visit
Sterling fell on a trade weighted basis to its lowest in over 11-1/2 years on Friday, after a downward revsion to UK second quarter growth raised the chances of a technical recession.
Britain's economy unexpectedly came to a standstill in the second quarter, its weakest performance since the recession of the early 1990s, revised official data showed on Friday. The Office for National Statistics
Logicom Public Co Ltd. (LOG.CY), Cyprus’s largest IT Group with extensive activities in the Middle East, east and central Europe announced the appointment of Michalis Sarris and Giorgos Papaioannou as additional Board
C.T.O. Public Co Ltd. (formerly Lemeco Silvex) has forecast that cigarette exports from Cyprus during 2008 will reach EUR 8 mln under its Raquel brand, which is now being marketed globally in
The Vienna Insurance Group achieved a growth of 20.7% in the first half of 2008 compared to the previous year, with consolidated premiums written (without other insurance participation) at a total of
Ericsson has combined a GSM base station and satellite transmission in a solar-powered site, enabling Cambodian mobile operator Star-Cell to expand its network coverage in remote areas. The solution offers affordable communications
U.S. mobile service provider Verizon Communications Inc. is nearing an agreement with Google Inc. on a wide-ranging partnership, the Wall Street Journal said, citing people familiar with the situation. The deal under
Aon Corp, the world's largest insurance broker, has made a recommended cash offer for Benfield valuing the UK-listed broker at 844 mln pounds ($1.6 bln). The two sides said on Friday that
bwin Interactive Entertainment AG generated gross gaming revenues from betting, poker, casino and games of EUR 207.2 mln in the first half of 2008, an increase of 25.6% from the same period
