The European Commission has launched a dedicated channel on YouTube to make its audiovisual material more widely available to the public. “This initiative reflects the Commission’s commitment to better explain its policies and actions on issues which concern citizens across the EU – such as climate change, energy or immigration.” said Margot Wallström, Vice-President for

Having a conversation in and out of the car is about as simple as talking to yourself, thanks to Nokia’s first speakerphone, the HF-300. This detachable Bluetooth speakerphone hosts a powerful speaker and microphone. Its audio quality is enhanced even more with Digital Signal Processing (DSP), canceling out excess noises and echoes. No need to concern

In a report published titled “Bank Industry Risk Analysis: Jordanian Banks Strengthen, Grow Fast, But Book Unseasoned Loans,” Standard & Poor’s Rating Services said that it considers the banking system in the Hashemite Kingdom of Jordan (foreign currency BB/Stable/B, local currency BBB/Stable/A-3) to be much improved in recent years but still relatively high risk. We

The European Commission today adopted proposals for a wide-ranging reform of the Common Market Organisation for wine. This follows more than one year’s discussion with all parties on the ideas launched in the June 2006 Communication. This aims to increase the competitiveness of EU producers, win back markets, balance supply and demand, simplify the rules,

Marfin Popular Bank has sold 1.5 mln shares of Bank of Cyprus through the Exchange, pressuring the stock lower without giving the reasons for its sudden decision. Earlier the Bank was slapped with administrative fines imposed by the Cyprus Commission for Competition Protection (CPC) amounting to a total of CYP 10.000 or EUR 17.200 for

A new study circulating through U.S. hedge funds and university campuses points to the powerful role that old-school ties play in the world of investing. Mutual fund managers invest more money in companies that are run by people with whom they went to college or graduate school than in companies where they have no such

Wall Street is looking beyond business schools for its new masters of the universe. In the high-speed, high-stakes world of algorithmic trading, math geeks rule, and universities are churning out scores of graduates from newly designed financial engineering programs to meet banks’ and hedge funds’ demand for quantitative experts. The most cutting-edge work in the

International Banking Units based and operating from Cyprus had booked $11.68 bln in investments on their books by end of May 2007, up $1.73 bln since the start of the year according to the Central Bank Monetary Survey. Most of the investments are believed to be made for investments in Russia and other CIS republics,

Since 1 July all European citizens have been able to freely choose their electricity and gas supplier, as this was the final date for the full opening of the electricity and gas markets in the EU. There are a few exceptions to take account of special circumstances where it is not possible to introduce competition