Ermes Department Stores Plc (ERME.CY), a member of the Shacolas Group of Companies announced that as part of its policy for the expansion of its activities in Greece, its subsidiary, Fashionlink SA (Greece) signed an agreement for the safeguard of a 6,000 sq. meters space in a shopping centre which is under construction in Larisa,
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Following approval by the Annual General Meeting of shareholders, the Board of Directors of Muskita Aluminium Industries Plc decided that the final dividend for 2007 that will be proposed to the Annual General Meeting, which amounts to EUR0.10 per share or 58.82% on the nominal value of the share of EUR0.17, will be paid to
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The industrial turnover index for Cyprus reached 170.0 (base 2000=100) in June 2008, recording an increase of 13.3% compared with June 2007. Industrial output in June 2008 rose by 3.9% year on year. Industrial turnover comprises three subsectors: mining and quarrying, manufacturing, and electricity, gas and water supply). For the period January-June 2008 the index
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KEO, one of the largest bottling companies of Cyprus with its own beer, water and wines divisions has proceeded with a massive recall of its flagship bottled mineral water “Ayios Nicholaos” as a preventive measure after its tests revealed the Pseudomonas aeruginosa bacteria in some batches of production. The Health Authorities said the plastic bottles
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Google Inc plans to move ahead with Yahoo Inc in implementing its advertising search deal and believes that rival Microsoft is behind plans to derail the deal, top executives of the Internet search leader said on Wednesday. Google Chief Executive Eric Schmidt told reporters at a news conference at the company's Silicon Valley headquarters that
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The U.S. International Trade Commission has agreed to look into Hillcrest Laboratories' allegations that Nintendo Co Ltd (7974.OS: Quote, Profile, Research, Stock Buzz) infringed Hillcrest's patents in making its popular Wii video game, the ITC said on Wednesday. Hillcrest has accused Nintendo of infringing four patents to make the top-selling Wii game console. Hillcrest made
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The first mobile phone to use Google Inc's Android mobile operating software will cost $199, the Wall Street Journal reported on its website on Wednesday. The phone, which features a slide-out keypad, is being manufactured by Taiwan's HTC Corp and will be sold by Deutsche Telekom's T-Mobile USA unit, which plans to unveil the device
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Britain's Lloyds TSB sealed a 12.2 bln pound ($21.7 bln) deal to buy HBOS Plc to create a dominant mortgage and savings bank, encouraged by the government amid fears turmoil in financial markets would claim another UK victim. Lloyds will offer 0.83 of its shares for each HBOS share, valuing them at 232 pence based
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BTG has agreed to buy Protherics for around 218.1 mln pounds ($388.6 mln) in an all-share deal, the companies said on Thursday, marking the further consolidation of Britain's biotech sector. Biotechnology has seen a spate of takeover activity recently, spurred by large drugmakers seeking to acquire new products to fill their depleted drug development pipelines
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Yahoo Inc is moving ahead on Thursday with a radical redesign of its home page — the most heavily trafficked site on the Web — making changes that give users a personalized view of the wider Web. The Internet media giant is under the gun to deliver on year-old promises to transform Yahoo from a
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