U.N. internet summit in Tunis marred by attacks

The U.N. World Summit on the Information Society opened Wednesday in the Tunisian capital Tunis overshadowed by several attacks on foreign journalists. The opening of the second international summit on the management

33 investigated in online piracy crackdown

Police are investigating 33 home Internet users in Singapore for illegally distributing music files online, part of a global crackdown on piracy, officials said Wednesday. The International Federation for the Phonographic Industry

New variant of Sober worm spreads German spam

German police are hunting a virus-writer who was bombarding the internet with vast numbers of worm-infected, German-language e-mails, and security firms advised web users to update anti-virus software fast. State police in

BOC pressures index lower

Bank of Cyprus shares continued their down move, closing 3.24% lower on Wednesday at CYP 2.39, following Tuesday’s 2.4% decline, bringing their weekly losses to 5.5% as investors rushed to sell their

MFS in reverse stock split

An Extraordinary General Meeting of shareholders of MFS Holdings Pcl (MFS) approved the resolution to reverse stock spilt of the Company’s authorised share capital from 300 mln shares of a nominal value

Moody’s may upgrade BOC higher

Moody’s, the credit rating agency in its recent report on Bank of Cyprus Pcl identifies the risks involved with the deficit in the Group’s staff pension plan amounting to CYP 104 mln,

Zorbas to expand outlets to 45

A. Zorbas & Sons Public Co. Ltd. announced the opening of two new outlets in recent weeks and the imminent opening of three more stores before the end of the year lifting