Rehn condemns Turkey court ruling

Enlargement Commissioner Olli Rehn has criticised the judgment by the Court of Cassation on July 12 against Hrant Dink for insulting Turkishness. THe Turkish Court of Cassation confirmed the prison sentence given

Emporiki tilts towards BOC offer

The Board of Directors of Emporiki Bank made a mild tilt towards the public tender offer made by Bank of Cyprus Pcl seeking control of the Bank, while they also found positive

Microsoft and Yahoo link IM services

Internet giants Microsoft and Yahoo have released experimental software to link their separate Instant Messenger systems, according to elentronicnews.net . If the new beta software, which allows interoperability between the two formally

BOC sells UL stake for CYP 7.8 mln

The Bank of Cyprus Group has reached an agreement to sell to Andreas Georghiou and to the Group of Photos Photiades Ltd the shares it holds in Universal Life Insurance Public Co.

CYTA profits drop in 2005

As it seeks a dividend policy CYTA, the state-owned telecom operator, reported a sharp decline in net profits for 2005 to CYP 18.31 mln compared to CYP 30.8 mln in 2004 following