Dutch concerned over 3G mobile phone masts

Dozens of Dutch local authorities are resisting the erection of masts to carry voice and data for the new third generation of mobile phones (3G), citing health concerns. The decision by community

Improvements in results expected

An increasing number of companies proceeded last week to announce positive profit warnings concerning their 2005 results, with last week’s list including the likes of Top Kinisis, Atlantic Insurance and Universal Bank.

Petrolina expects better results

Petrolina (Holdings) Public Ltd announced that the profits for the full year 2005 are expected to show a significant increase compared to the profits of 2004. Part of the reason leading to

FWW dividend yields 17.5%

The decision by the Board of Woolworth (Cyprus) Properties Public Ltd to declare an interim dividend of 20% on the nominal value of the share, or 4 cents per share gives a

Travel abroad surges 16% in Nov.

The number of Cyprus residents traveling abroad surged 16.1% year-on-year in November to 53.130, reversing the declines recorded in August, September and October, the Department of Statistics reported. Greece remained the top

Iakovou calls on Turkey to meet EU obligations

Turkey has to meet its European obligations or face any possible consequences, Cyprus Foreign Minister George Iacovou has said, recalling that Brussels is set to scrutinize Ankara’s progress towards this direction in

Potato farmers left alone in protest march

The major agricultural organisations representing the interests of farmers decided to stay away from the planned march by potato growers, who insist on descending on the Presidential Palace on Wednesday. Nicos Vasilas,

CAIR unions given until Friday

Cyprus Airways (CAIR) unions were given an extension until Friday to give their final answers to the controversial restructuring plan to save the airline. Two unions, the pilots’ union PASIPY and the

BOC adds 77.9 mln new shares

Bank of Cyprus Public Company Ltd announced that as from Thursday, 29 December 2005, the 77.902.232 new shares of the Bank arising from the recent rights issue will be introduced for trading

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