LB bid seen at 17-20 cent

The takeover bid for 100% control of Lanitis Bros. Public Co. Ltd. the local bottlers of Coca-Cola in Cyprus from the Greek 3E is expected to be priced at 17-20 cent per

Mobility with areeba mobile data card

Areeba, the island’s alternative mobile service provider, has launched its Areeba Mobile Data Card allowing users mobility and access to the Internet at the fastest speed available. Geared mostly at notebook users,

New ergonomic mouse for laptop users

Accessories maker Genius is bringing two new ergonomically formed mice for laptop users onto the market. The Ergo 300 and Ergo 3000 are intended for mobile work in even the smallest of

10-year bond yield falls to 4.08%

A massive over-subscription during the 10-year bond and 52 week T-Bill auction caused a plunge in bond yields, which hit a new record low amid signs of further interest rate cuts in

Glory wins Technology award

Glory Technology Ltd., one of the leading technology companies has received the Export Merit for Services during the 2004 Cyprus Export Awards ceremony, organised by the Commerce, Industry and Tourism Ministry and

CSE profit growth stalls in 9M

The profit performance of the 21 public companies reporting their nine month results showed a mediocre performance, with total profits actually declining, if the spectacular results of Bank of Cyprus and Laiki

IBUs rush to buy Cyprus pounds

International Banking Units based in Cyprus (previously known as “offshore banks”) are rushing to buy Cyprus pounds in order to comply with a Central Bank of Cyprus directive ordering them to hold