Snoras wants 50% of Cyprus Universal Bank

Deal awaits CB approval The Russian controlled, but Lithuania domiciled Snoras Bank has submitted a letter seeking 50.1% control of the CSE-listed Universal Bank, but needs to secure the permission from the

Cyprus bonds to trade on euro platform

The Central Bank of Cyprus announced that two eurobond issues previously made by the Republic of Cyprus will commence trading on the NewEuroMTS electronic trading platform from Monday, June 27, 2005. The

Microsoft sues German spammer

Munich (dpa) – Microsoft said Monday it has filed suit in German courts against a company alleged to be the kingpin of a web of companies in the United States and Ukraine

Cyprus police searching for crocodiles in dam

Amateur fishermen and villagers are concerned over reports that Cyprus police are searching for a pair of crocodiles let loose in the island’s largest dam, reports said Wednesday. Police are investigating reports