Credit card companies get EU warning

The European Commission has sent out a warning signal to credit card companies across Europe, hinting that it will legislate if competition in the sector does not improve. According to a preliminary

Louis declares dividend

The Board of Directors of Louis Public Co. Ltd. approved the final 2005 results and proposed to the AGM a dividend payment of 0.75 cent per share to shareholders registered as at

BOC bond issue over-subscribed

Bank of Cyprus Public Company Ltd successfully completed the issue of EUR 200 mln Tier 2 Capital under the Bank’s EMTN Programme. The issue was oversubscribed, with the total subscription amount exceeding

Trust gives new power to the iPod

Trust has launched three new solutions to provide power to the iPod everywhere and anytime: an extra battery pack, a power adapter and a car charger. The PW-2883p Car Charger is compatible

Cyprus in EU trouble over car tax

Cyprus could be in trouble over the way it taxes second hand cars as the European Commission decided on Monday to send Cyprus a “formal request for information” over the tax rules

EIU forecasts growth slowdown in 2006

In its March Country Report the Economist Intelligence Unit (EIU) forecasts real GDP growth to slow to 3.4% in 2006 from 3.8% in 2005, largely because of an expected slowdown of domestic