BOC hits CYP 1.89 in Greece

Bank of Cyprus shares trading in Greece rallied sharply higher on Tuesday to a closing high of EUR 3.30 or CYP 1.8945 on the back of a sharp rally in Greek shares.

News Corp buys internet firm

News Corp, the company run by media mogul Rupert Murdoch, has made one of its first major internet purchases. It has bought Intermix Media, owner of Myspace.com, the fifth most-viewed internet domain

Neosis wins double Microsoft awards

Logicom subsidiary Noesis received the prestigious “East Mediterranean Partner of the Year” and the “New Customer Generation” awards at the recent Microsoft Worldwide Partner Conference. The Microsoft awards for Business Solution Partners

All change at the UN Security Council?

Reform of the UN Security Council is moving up the agenda, with a meeting between four large non-SC members and the president of the UN General Assembly in New York on Sunday.

Private universities bill passes

Parliament voted through a bill allowing the establishment of private universities during its last session before the summer recess, which will allow at least three colleges to become universities from 2006. The