The Civil Aviation Department of the Ministry of Communications and Works said that passenger movement and total flights at Larnaca airport in April were down 1.1% and 2.3%, respectively, compared to the same-month figures for the previous year. However, cargo volume was up 21.3% in April compared to the same month last year. The same
More
There will be three times as many road-side cameras to monitor road traffic and catch offenders when the new revised system becomes operational next year. With 440 fixed cameras and 40 mobile units, Communications and Works Minister Nicos Nicolaides, said the new system will cost significantly more than the previous one, with the bill estimated
More
U.S. computer group International Business Machines widened its market share lead over rival Hewlett-Packard Co in worldwide server shipments in the second quarter, researcher IDC said on Wednesday. IBM had a market share of 33.2%, up from 31.1% a year earlier, with Hewlett Packard coming in second with 27.4%, down from 28.3%. Dell and Sun
More
A weakening global economy will blunt cellphone market sales growth this year, research firm Gartner said on Wednesday. Gartner said it expects market growth to slow to 11% from 16% last year, while in U.S. dollar terms growth would slow to 9% from 11%. The world's top cellphone maker Nokia has forecast the market will
More
European shares fell early on Wednesday as a decline in financial stocks on persistent worries about the health of the sector negated the impact of a rise in oil and mining shares that gained on higher commodity prices. At 0834 GMT, the FTSEurofirst 300 index of top European shares was down 0.5% at 1,165.80 points.
More
The EU27 population is projected to increase from 495 million on 1 January 2008 to 521 million in 2035, and thereafter gradually decline to 506 million in 2060. The annual number of births is projected to fall over the period 2008-2060, while at the same time the annual number of deaths is projected to continue
More
Lehman Brothers has asked three private equity firms to remain in bidding for its asset management arm even though the investment bank has yet decide on whether to sell the unit, the Financial Times reported. Kohlberg Kravis Roberts, Hellman & Friedman and Bain Capital have been told by Lehman that their bids are high enough
More
Bill Clinton once vowed to fight for voters "until the last dog dies." On Wednesday he shows how hard he will fight for Democratic presidential hopeful Barack Obama on the Clintons' last big day of the 2008 campaign. The former president's prime-time speech is the capstone on an eventful day at the Democratic National Convention,
More
Nokia unveiled two new high-end phone models, the N79 and the N85, as the world's top cellphone maker battles against increasing competition from the likes of Apple and Samsung. The news lifted shares in Nokia more than 2 percent on Tuesday as it reassured investors the company was on track to refresh its offering for
More
Digital video recorder maker TiVo Inc is set to enter into an agreement with Time Warner's Entertainment Weekly that will allow its users to automatically record shows suggested by the magazine's staff, the Wall Street Journal said. TiVo expects to make the announcement on Wednesday, the paper said. The alliance is part of a push
More