Euro hits $1.48 on weak payrolls

The euro rallied to $1.4824 against the dollar immediately after US nonfarm payrolls increased by a smaller than expected number in December, raising fears that the US may be in a recession,

Mobile WiMAX coming to Russia

Russian Telecommunications Holding Comstar United Telesystems (Comstar UTS) assisted by Intel Corp. is going to build a nationwide Russian WiMAX based network (IEEE 802.16e standard). The companies entered into a strategic agreement

Cyprus Stock Exchange

The Cyprus Stock Exchange (CSE) All Share Index closed at today’s stock exchange meeting as follows: MEETING DATE: 4/1/2008 INDICES BASE VALUES: FTSEMed=5000, OTHERS=1000                                  EURO (€)              TRADED VALUE                   11.992.442,33          INDEX                               VALUE    

Motorola, Metrologic resolve patent disputes

Motorola, Inc. and Metrologic Instruments, Inc. of New Jersey announced that Motorola subsidiary Symbol Technologies, Inc., and Metrologic Instruments have reached an agreement that settles all outstanding patent infringement disputes between the