Marfin majority shareholders reject Piraeus offer

Marfin Popular Bank announced that its majority shareholders, V. Thocharides (4.15% stake), the Lanitis family (4.01% stake) and Andreas Vgenopoulos – CEO (2.56% stake) have informed the Board of Directors of Piraeus

DHL to invest $35 mln Hong Kong

DHL, the world’s leading express and logistics company, announced a USD 35 mln investment program in Hong Kong to capitalize on the continued growth of the region’s trade. The program comprises the

Frou-Frou lifts profits, dividend

Alkis Hajikyriakou (Frou-Frou) Biscuits Public Co. Ltd., reported an increase in 2006 sales and profits based on the preliminary results with the company also declaring a dividend. Group sales improved 9.4% YoY

Botnets threaten the Internet’s future

Criminals controlling millions of personal computers are threatening the Internet’s future, BBC News reports. Up to a quarter of computers on the Net may be used by cyber criminals in so-called botnets,

TomTom GPS systems infected with a virus

If you’ve picked up a TomTom Global Positioning System device over the past few months, you may have bought more than you bargained for, PC World reports. TomTom International has confirmed that

MFS wants BOCY stake in Universal Life

MFS Holdings Pcl (MFS) has offered to acquire Bank of Cyprus’ (BOCY) 28% participation in the share capital of Universal Life Insurance Public Company Limited (UL), at a cash consideration of CYP