In the video game industry, the spoils of the console wars come in the form of support from third-party software publishers selling games to run on your machine. Nintendo Co Ltd, surging
Just what the television industry needs, increased competition from those wacky YouTube videos that 68 mln people watch every month. Only now, it will be easier than ever to view them on
Moody’s has assigned a C- Bank financial strength rating (BFSR) for Bank of Cyprus (BOCY). According to Moody’s, the BFSR reflects the increasingly competitive conditions in BOCY’s primary markets that are pressuring
Cyprus Finance Minister Chariloas Stavrakis stated that the government is considering investing a large part the Social Insurance Fund reserves worth EUR 5.3 bln in banks and Cooperatives in order to take
Ocean Tankers Holdings Public Ltd (OCT) announced that on July 22 2008 it will receive the first of the two tankers constructed at the STX Shipyard in South Korea. The first tanker
European stocks gained ground in early trade on Thursday as banks surged after results from Wells Fargo sparked a relief rally on Wall Street. At 0713 GMT, the FTSEurofirst 300 index of
Cyprus annual inflation was 5.2% in June 2008, recording an increase of 0.6% from last May. For the same period, Euro area annual inflation was 4.0% in June 2008, up from 3.7%
Asian stocks rebounded on Thursday, boosted by the biggest surge in U.S. bank shares in 16 years and a decline in oil prices, providing some relief from fears about the global credit
Crude oil prices dropped sharply for a second day on Wednesday after a U.S. government report showed a surprise increase in inventories and continued weak demand in the world's top consumer nation.
Inflation accelerated in June to its fastest rate since the aftermath of Hurricane Katrina in 2005 while workers' earnings slumped, compounding the stagflationary dilemma facing the Federal Reserve. A separate report showed
