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Europe shares fall, track U.S. after Bear deal

European shares fell, tracking U.S. stock indexes after JPMorgan said it and the Federal Reserve Bank of New York would provide financing for Bear Stearns. JPMorgan said along with the Federal Reserve

13th March 2008
Business

Cyprus motor registrations up 14.8% in Jan-Feb

Registrations of motor vehicles continued to rise fast in the first two months of 2008, rising by 14.8% compared with January-February 2007.   The total registrations of motor vehicles reached 11,256 in

13th March 2008
Business

Nokia Siemens Networks plays leading role in 3G in Latin America

Over 10,000 new Nokia Siemens Networks 3G sites, at 850, 1900 and 2100 MHz frequencies will be in operation in Latin America by the end of 2008. The company has managed to

12th March 2008
Business

Outremer Telecom in Terrestrial Digital TV in French overseas regions via Only Box

The Outremer Telecom group launched a 12-channel Terrestrial Digital Television package in the French West Indies and Reunion, via its Only Box offer. Launched in December 2007 in the French West Indies

12th March 2008
Business

COMMENT: “Are you adequately protected?”

PATRICK ELSTON   I am frequently asked by Insurers and Reinsurers to conduct risk surveys of commercial, industrial and semi-Government organisations to assess fire and security risks. In the public sector, where

12th March 2008
Cyprus

Merkur D. Nicolaou opens first Cyprus store in Limassol

Merkur D. Nicolaou, the first franchise store of the Slovenian DIY and home supplies chain Merkur, opened in Limassol on March 1, joining the family of 80 stores in Europe. Customers who

12th March 2008
Business

Ericsson to deliver a turn key, IPTV solution to Greek OTE

Ericsson has been selected to act as end-to-end IPTV systems integrator, solution provider and business consultant for tier one Hellenic Telecommunications Organization (OTE SA). The integrated IPTV solution for OTE comprises of

12th March 2008
Business

SocGen banker freed in Kerviel trading probe

An employee of Societe Generale has been freed by police, the day after he was arrested in connection with a probe into a rogue trading scandal at the bank, the Paris prosecutor’s

12th March 2008
Business

Cypriot government has legal obligation to survey Green Line

by Athena Arsalidou Nicosia, (CNA) – The European Commission has called upon the Republic of Cyprus to take all necessary measures to combat illegal immigration through the Green Line, between the government

12th March 2008
Cyprus

Britons’ inflation expectations hit record 3.3%

Britons’ expectations of future inflation rose to a series high of 3.3 percent in February, more than a percentage point above the actual rate of inflation, a survey by the Bank of

12th March 2008
Business
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