Woodland Designs Plc, the sole representative of Timberland and Nautica fashion brands for Cyprus and Romania, in which the Athens Stock Exchange listed Ridenco SA has an absolute majority is heading for a listing on the Cyprus Stock Exchange. “Having completed the private placement of shares to institutional investors, we are now heading to the
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The continual rise in interest rates since the start of the year is weighing on real estate stocks. The European Central Bank’s rate decision at the start of June pushed listed real estate stocks down once again. Globally speaking, the asset class has returned a modest 2% in the year to date. Asia’s strong gain
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The European Commission has issued a report addressed to the European Parliament and the Council on two motor insurance issues – the effectiveness of claims representatives in settling claims, and insurance cover for legal expenses. Based upon various consultations carried out in 2006 with Member States, industry and the public, the report concludes that claims
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Motorola, Inc. has extended its leadership in the mobile office with the announcement of Good Mobile Messaging 5 (Good 5), a service to help solve the information clutter problem for mobile users, making mobile email more personalized and productive, all while enhancing IT control. Good 5 incorporates multiple new features that vastly improve the mobile
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Ericsson has been selected to deliver its Mobile Softswitch Solution for Wataniya Telecom’s nationwide GSM network in Algeria. The solution will increase network capacity, performance and operational efficiency, allowing Wataniya to meet subscriber growth and demand for its mobile services. Wataniya Telecom Algérie is Algeria‘s first multimedia mobile operator, running a GPRS/EDGE network and providing
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Nokia has added three new members to its Bluetooth headset family – the BH-803, the Stereo BH-604 for Hi-Fi audio and the BH-602 for business professionals who value talk over tunes. These Bluetooth headsets are expected to be available commercially during the third quarter of 2007. Â — Nokia Bluetooth Headset BH-803 The timeless look
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Cypriot Government Spokesman Vassilis Palmas said on Monday that Cyprus would never accept Turkey’s behaviour to act as a regional policeman and would never give up its rights emanating from international law. Asked what stance Cyprus would maintain in view of new chapters being opened in Turkey’s EU accession course, in the light of threats
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Greek Prime Minister Costas Karamanlis said on Monday that a comprehensive, just and viable solution of the Cyprus problem, in line with UN and EU decisions, would contribute to the stability and development of the region. Speaking at a press conference with Turkish Prime Minister Recep Tayyip Erdogan, after a meeting in Constantinople, Karamanlis said
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Labour and Social Insurance Minister Antonis Vassiliou has appealed to the Cyprus Union of Bank Employees (ETYK) to have second thoughts about a planned strike and avert such action. At the same time, ETYK assured that it will proceed with the necessary decisions to defend the interests of its members.Vassiliou said the Ministry of Labour
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The House Finance Committee is referring to the House plenary for a final decision a demand by the Ministry of Education and Culture for the release of CYP2 million from the 2007 state budget for the architectural competition for the Hall of Culture.Chairman of the Cyprus Cultural Foundation Kikis Lazarides said the Finance Committee was
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