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
Fannie Mae's capital and reserves positions are better than market expectations, according to an analyst at Lehman Brothers, who also said the biggest U.S. mortgage finance company may not need any more
Weak UK housing data knocked sterling to a 12-year low on Thursday, weighing on European stocks already under pressure as oil prices edged up on supply concerns over a brewing tropical storm
The EU Scholarship Programme 2008/2009 received very good interest from the Turkish Cypriot community and managed to attract many applications. Having evaluated carefully all the applications, the European Commission decided to support
