fm

The dollar came under modest pressure post FOMC, even though the Fed maintained references to “further policy firming” in its October policy statement, and lone dissident Lacker disagreed with the majority decision

The Ministry of Finance (MoF) reported that the fiscal deficit during the first eight months of 2006 worsened marginally to CYP 34.6 mln from CYP 27.1 mln in the same period a

Deutsche Bank is maintaining its buy recommendation on the shares of Bank of Cyprus with an unchanged price target of CYP 5.70 (EUR 9.8855) indicating an upside potential of 10% from current

Cyprus Forest Industries Pcl (CFI) has decided to distribute a dividend payment of 5 cent (EUR 0.0867) per share to its shareholders from its earnings of 2004. The ex-dividend date is set

Hellenic Bank Pcl announced the expansion of an existing cooperation pact with American Life Insurance Co. ALICO-AIG Life in the field of Mutual Funds. According to a cooperation agreement signed between the

Interfund Investments Pcl (INF) has increased the interim dividend to 1.25 cent (EUR 2.1679) from 0.75 cent (EUR 1.3) a year ago following a record jump in earnings in the first nine

Ericsson and the leading Serbian operator, Telekom Srbija, have signed the first contract for the supply and implementation of a 3G network with HSPA functionality and associated services. This 3G network will

This week’s Panda Sofwtare report on viruses and intruders looks at the Sinowal.CR and Briz.R. trojans and at the Sohanat.U worm.Sinowal.CR is designed to collect confidential information from the computers it infects,

The Unicars Group, one of the leading automotive representations in Cyprus, has awarded to Logicom subsidiary Noesis, the project to upgrade and modernise  its internal information systems. Noesis has undertaken to implement

A record number of Laiki Bank Pcl shareholders packed the Hilton on Tuesday cheering board member and Marfin Vice-Chairman Andreas Vgenopoulos to press ahead with ambitious plans to create one of the