As personal computers go, the new rash of ultra-mini laptops are full of geeky goodness. Light, portable and powerful, they are almost perfect. Almost. But like a rowboat in your backyard or a flat-screen TV in a blackout, most of these new PCs suffer when removed from a critical element. Specifically — when outside of
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Sweden and The Netherlands have the best performing broadband Internet connections in Europe, helped by investments in high-speed fiber-optic links and upgrades to cable TV networks, a study found. Japan was the global leader by a large margin in the study, released on Friday, carried out by the Universities of Oxford and Oviedo and sponsored
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Cyprus tourism revenue in July was even more disappointing than arrivals, as revenue from tourism reached EUR 272.9 mln, a decrease of 5.0% compared with the EUR 287.3 mln recorded in July 2007. The number of arrivals fell year on year by 2.8% to 342,554 in July 2008, compared with 352,423 in July 2007. Similarly,
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The total stocks of petroleum products in Cyprus at the end of July recorded an increase of 12% compared to the previous month. Total sales of petroleum products recorded an increase of 10% compared to the previous month. A significant rise was recorded in the sales of Asphalt and Fuel Oil. A smaller increase was
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The trade deficit in Cyprus rose by 23% in the first seven months of the year, according to provisional figures for July. On the basis of preliminary estimates for July, total exports in the first seven months of 2008 reached EUR 687,091, a rise of 4.1% compared with the EUR 659,885 recorded in the same
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The U.S. trade deficit widened much more than expected in July as average oil prices jumped to a record $124.66 per barrel and the volume of crude oil imports grew to the highest in four years, a U.S. Commerce Department report showed on Thursday. The monthly trade gap swelled to $62.2bln, the largest since March
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Bank of England Governor Mervyn King appeared in no hurry on Thursday to cut interest rates despite mounting evidence the British economy is on the verge of its first recession since the early 1990s slump. He will, however, publish next week plans for a new liquidity facility to help cash-strapped banks through the credit crunch
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American International Group Inc, the world's largest insurer, holds between $550 mln and $600 mln in Fannie Mae and Freddie Mac preferred shares, according to a source familiar with the investment. Investors have been biting their nails over companies' holdings of the agencies' preferred shares, with concern that the recent government takeover of the giant
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Amazon.com, the largest global online retailer, plans to start selling U.S.-produced wine on its website within the United States by early October, wine industry insiders said on Wednesday. Napa Valley Vintners, a nonprofit group representing 315 vintners in the famous California wine-producing region, has already begun to set up workshops for wineries interested in selling
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Written references could become old hat for hiring managers with one in five saying they use social networking sites to research job candidates — and a third of them dismissing the candidate after what they discover. A survey by online job site CareerBuilder.com of 3,169 hiring managers found 22% of them screened potential staff via
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