Eight Kazakh Bank ratings revised lower

Standard & Poor’s Ratings Services said that it had revised its outlook to negative from stable on eight Kazakh banks: Kazkommertsbank (JSC) (KKB), Bank TuranAlem, Halyk Savings Bank of Kazakhstan, Alliance Bank

Ericsson wins energy-efficiency innovation award in China

Ericsson’s commitment to energy-efficiency improvements has received recognition in the form of an award from the China Center for Information Industry Development (CCID). Ericsson accepted the China Information Industry Energy-Efficiency Innovation Award

Comcor-TV launches music download in Russia

Comcor-TV (TM AKADO), the Russian cable operator, launched a music download service for its customers using the hosted Music2You (M2Y) solution from Nokia Siemens Networks, enabling secure downloads to Comcor TV’s subscribers.

NKS submits bid for CTC

NK Shacolas Holdings, the family owned group owned by Nicos Shacolas has submitted a takeover bid seeking full control of Cyprus Trading Corporation (CTC) at EUR 2.50 per share, or a 9%

Cyprus expects FMD measures to be lifted

Director of the Veterinary Services Charalambos Kakoyiannis said on Wednesday that next week the measures, taken in a ten-kilometre zone due to foot and mouth disease (FMD), will be lifted. ”The work

Cypriot President in Lisbon

By Katerina Nikolaou Cypriot President Tassos Papadopoulos has arrived in Portugal, where European Union heads of state and government will sign the Treaty of Lisbon. The ceremony of the signature of the

Cyprus imports increase in 9M07

Cyprus’ imports recorded an increase while exports decreased in the period from January to September 2007, with the trade deficit rising to 2,200.5 million Cyprus pounds in January-September 2007 compared to 1,925.9