Bank of Cyprus has pioneered again with the introduction of its “One bank anywhere in the world†concept through which it offers customers cross-border access to their current accounts at no extra charge. Bank of Cyprus Group CEO Andreas Eliades described the move as a bold initiative unparalleled not only in Cyprus or Greece, but
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— Those in emerging economies more confident than in developed countries — Availability of talent, over-regulation also among chief concerns  CEOs confidence about prospects for business declined for the first time since the 2003 survey and fear of a global recession emerged as the major threat to growth in PricewaterhouseCoopers 11th Annual Global CEO
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DR. JIM LEONTIADES Cyprus International Institute of Management  Recent stock market volatility on both sides of the Atlantic has been formidable. The sub-prime crisis in America may have triggered the downturn in share prices but the impact has gone far beyond its origins. Dramatic losses in some major banks and mortgage companies were highlighted
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— Organisational Performance Scorecard: Review, recognise, reflect  KIKI KALLI HR Manager, British American Tobacco  Just like with New Year’s Resolutions, the beginning of a new business year is the perfect opportunity for an organisation to take stock of the previous year, review organisational performance; recognise, celebrate and reflect on achievements but most importantly,
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CyTA has launched a pilot programme offering broadband telephony to limited number of home users who are existing i-Choice subscribers. The new service allows up to four additional telephone numbers using the Internet IP protocol for a range of devices including analogue phones (DECT), IP phones and videophones, WiFi phones and PCs. The commercial use
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Ericsson has provided hellas online (hol), telecom operator, member of Intracom Holdings Group and one of Greece‘s major internet service providers, with the IMS and softswitch network. Under the turnkey agreement, Ericsson delivered and implemented a next-generation network incorporating its Telephony Softswitch Solution and IMS solutions. Ericsson also provided the network deployment, systems integration, multivendor
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The Federal Reserve cut U.S. interest rates by a hefty half-percentage point on Wednesday as part of an ongoing aggressive effort to halt a sharp slowdown in an economy hit by a housing slump and a credit crunch. The Fed’s action takes the bellwether federal funds rate to 3 percent, the lowest since June 2005,
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NEW YORK (Reuters) – Stocks fell on Wednesday, led by financial shares, after a television commentator said he believed that the two biggest bond insurers will lose their top credit rating, a move that could bring more big losses to the financial sector. The remarks by CNBC reporter Charles Gasparino came in the last hour
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LONDON (Reuters) – Liverpool fans are to launch a plan to buy out American owners George Gillett and Tom Hicks amid growing concerns over the running of the club, the BBC reported on Thursday. The Share Liverpool FC Group is hoping to get 100,000 fans of the club from around the world to raise 500
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In its annual report on Jamaica, Moody’s Investors Service said that the country’s B1 foreign currency government bond rating reflects the government’s strong willingness to service obligations, a proven ability to respond to exogenous shocks and a commitment to fiscal discipline. Constraints to Jamaica‘s ratings include low growth and a large public debt burden that
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