EU fines Microsoft record 899 million euros

BRUSSELS, Feb 27 (Reuters) – The European Commission fined Microsoft a record 899 million euros ($1.35 billion) on Wednesday for defying sanctions imposed on the software giant for antitrust violations, far exceeding

CAIR, Ermes and Atlantic Ins results

Cyprus Airways Pcl (CAIR) reported net profit of EUR 1.17mln for 2007 compared to a loss of EUR 7.39mln  in FY06. EPS stood at EUR 0.0043. CAIR’s loss in FY06 included non-recurring

Franco-German tensions flare as meetings cancelled

By Kerstin Gehmlich and James Mackenzie BERLIN/PARIS (Reuters) – The abrupt cancellation of two high-level Franco-German meetings has revealed new tensions between Paris and Berlin that could cloud France’s presidency of the

Bank of Cyprus profit at EUR 485 mln

…dividend raised to EUR 0.44 Bank of Cyprus announced its 2007 results, lifting net profit by 55% YoY to EUR 485 mln from EUR 313 mln in 2006. The ratio of non-performing