EU starts aid payments to the Palestinians

Brussels — The European Commission has started social allowance payments to those in urgent need in the Palestinian Territories. This means that all three elements of the Temporary International Mechanism (TIM) developed

Euro awaits jobs report

The euro held steady near a six-week high against the yen and hugged tight ranges against the dollar on Friday ahead of a closely-watched U.S. payrolls report which could shed light on

ITTL sale talks expand with others

Woolworth (Cyprus) Properties Public Ltd., has decided to halt negotiations with a European investment company with respect to possible sale of majority control that the group holds in ITTL Trade Tourist &

Petsas declares interim dividend

Andreas Petsas and Sons Pcl (PET) issued its first half results posting a net profit of CYP 311k compared to CYP 120k a year ago in the same period. EPS was recorded

Logicom lifts profit by 73%

Logicom Pcl (LOG) announced that net profit during the first half of 2006 amounted to CYP 2.12 mln, up by 72.8% YoY compared to CYP 1.22 mln a year ago and CYP

CTC profit up at CYP 2.07 mln

Cyprus Trading Corp. Pcl (CTC) reported that net profit in the first half of 2006 jumped 166% to CYP 2.07 mln with EPS up at 2.05 cent from 1.02 cent before, on