Bank of Cyprus rejects Marfin offer

Bank of Cyprus Pcl announced that on Monday, January 29, 2007 the Bank has received a copy of “the public tender offer document” which, according to Marfin Popular Bank, the latter has

EC ponders on best way to promote smoke-free

The European Commission adopted today a Green Paper, entitled “Towards a Europe free from tobacco smoke: policy options at EU level”, to launch a broad public consultation on the best way to

El Al cuts Larnaca route

El Al, the Israeli airline announced that it will terminate its flights to Larnaca Cyprus and Istanbul Turkey from March 2007 due to low traffic on both routes and as part of

IRF buys Marfin Popular Bank shares

IRF announced that it completed the acquisition in the open market of approximately 7,734,403 million shares in Marfin Popular Bank, a commercial banking group listed on the Athens Exchange, for approximately EUR

Cyprus shares dive lower

Equity prices on the Cyprus Stock Exchange dived lower on Tuesday, declining by another 1.76% to 4148.27 points, taking the weekly losses to 6.4% and nearly halving the year-to-date gains to 6.4%.

GateDefender Integra 300, awarded 5 stars by BYTE

Panda Software’s UTM appliance, Panda GateDefender Integra 300, has been awarded 5 stars by the Spanish magazine BYTE, thanks to its excellent performance. After thoroughly analyzing the product, the publication has concluded

Motorola TETRA for Munich airport

Motorola, Inc. announced that it has won a contract to supply a TETRA (TErrestrial Trunked RAdio) digital radio system to Munich Airport, the second largest airport in Germany. The contract also includes

AOL phisher faces 101 years in jail

A California man faces up to 101 years in federal prison after a jury found him guilty of sending out email scams as well as related crimes, ZDNet UK reports. Jeffrey Brett