Orphanides issues negative profit warning

Orphanides Public Company Limited announced that the financial results for 2005 are expected to be lower compared to the corresponding results of 2004. The drop is attributable to: The increase in the

CTC expects better results

Cyprus Trading Corp. issued a positive profit forecast for its preliminary results for 2005 informing the investing community that its net profits will be better than compared to 2004. The improvement is

Travel abroad up 7.7% in January

The number of Cypriots traveling abroad during January 2006 was up 7.7% year on year at 59.750 compared to 55.290 in January 2005 and 48.000 in January 2004, the Statistics Department reported.

Apple presents “iPod nano” with 1 GB

Apple will soon begin offering an “iPod nano” with a gigabyte (GB) of storage capacity. The device will cost 159 dollars and offer the same functionality as the previously available 2 and