Telecom industry leaders including Nokia, China Mobile and Microsoft raced to announce online software stores on Monday in a drive to find new sources of revenue and please consumers. The success of Apple's AppStore, which lets iPhone users download thousands of small software programs to personalize the way they play games, listen to music or
More
Internet calling company Skype has secured a deal with Nokia under which the world's biggest phone maker will preload Skype software into some of its new smartphones starting from the third quarter of this year. Skype, whose technology has allowed legions of consumers to make practically free long-distance calls over the Internet on fixed lines,
More
The industrial turnover index in November rose by 3.2% compared with November 2007 according to the latest figures from the Statistical Service. Industrial turnover comprises mining, quarrying, manufacturing, electricity, gas and water supply. In the period January to November 2008 the index recorded a rise of 13.2% over the same period of the previous year.
More
Cyprus property sales to foreigners in 2008 fell sharply by 41% to 6636 from 11.281 sales in 2007, taking the level back to 2005 levels when property sales amounted to 6485, according to Land Registry data. The situation is even worse in the new year, since according to preliminary data for January 2009, property sales
More
British inflation fell by much less than expected in January, official data showed on Tuesday, but the surprisingly strong figures should not stand in the way of further monetary policy easing from the Bank of England. The Office for National Statistics said consumer prices fell 0.7 percent on the month. That took the annual rate
More
Marfin Popular Bank Public Co Ltd announced that its Board of Directors will meet on Thursday, 26 February 2009 to examine, among others, the preliminary results for the year 2008, as well as the payment of dividend. On the same day the results will be announced to the Athens Stock Exchange and to the Cyprus
More
Cyprus has participated in the International Exhibition “Fruit Logistica”, which took place recently in Berlin. According to an official press release, the Cypriot Ministry of Commerce, Industry and Tourism participated in the Trade Fair with 13 Cypriot fruit and vegetable companies. Buyers from Germany, the UK, Ireland, Belgium, France, Romania and Russia visited the Cypriot
More
The latest by 2010 Cyprus will be offering digital terrestrial TV transmissions, while by 2012 the full transition from analogue to digital TV will be concluded. According to a press release by the European Commission, digital terrestrial TV transmissions have already been introduced in 21 Member States (Austria, Belgium, Bulgaria, Czech Republic, Denmark, Germany, Estonia,
More
Germany appears to be coming round to the French view that euro-zone countries should coordinate their economic policies, two senior French officials said on Monday after meeting the German economy minister. Patrick Devedjian, minister in charge of implementing France's stimulus plan, and European Affairs Minister Bruno Le Maire, were in Berlin to explain a French
More
U.S. Secretary of State Hillary Clinton called for coordinated action to revive the global economy on Tuesday and invited Japanese Prime Minister Taro Aso to meet U.S. President Barack Obama at the White House next week. Making Japan her first destination as secretary of state, Clinton also offered Aso's ailing government reassurance on the solidity
More