3E bid for LB receives more backing

Two more major shareholders as well as another board member of Lanitis Bros. threw their support behind the takeover bid submitted by 3E (Cyprus) Ltd., a wholly owned subsidiary of Greek Bottling

Government approves bet tax changes

The Council of Ministers approved a draft law according to which the taxation of fixed odds bets is moved from the punter to the companies organising the bets, with the main objective

BOC is top pick for UBS

UBS, the Swiss banking giant has named Bank of Cyprus, a mid-cap bank as its top pick for 2006 with a general bullish bias for Greek banks where it expects banking sector

e-commerce grew 45% in France

More and more French consumers looked to the internet to do their shopping in 2005, with sales totaling 2.9 bln euros (3.5 bln dollars) in 2005, a rise of 45% over the

Tourism revenue flat in November

On the basis of the results of the Passenger Survey, revenue from tourism reached CYP 43.1 mln in November 2005, with no change on the corresponding month of the previous year. For