Mild quake shakes Limassol district

An earthquake measuring 4.1 on the Richter scale was felt in the south-west district of Limassol Thursday afternoon. No injuries or damage have been reported. According to the Geological Survey Department, the

Vision acquires Ukraine subsidiaries

Vision International People Group Pcl (VIP) has acquired 100% of the share capital of Vision Ukraine Ltd, Vision Kyiv Ltd, Vision Lyiv Ltd, Vision Odessa Ltd and Vision Kharkiv Ltd, all of

Interest rates unchanged at 5.25%

The Central Bank Monetary Policy Committee decided on Friday April 8 to keep the interest rates on the marginal lending facility and the deposit facility, remain unchanged at 5.25% and 3.25% respectively.

CyTA defends rate cuts

CyTA has strongly defended its decision to slash international call rates but says it is abiding with a decision of the Competition Commission to revoke the price cuts. CyTA Chairman Stavros Kremmos

Interfund lags GENX return in Q1

Interfund Investments (INF) reported a satisfactory increase in profits during the first quarter on the back of unrealised gains, but failed to keep up with the performance of the overall market, lagging

Napster raises revenue projections

Los Angeles (dpa) – The U.S. online music firm Napster Inc. has boosted its revenue prognosis for the fourth quarter to USD 16.5 to 17.5 mln, up from 15 mln, thanks to