Sharelink Securities & Financial Services has proceeded with a bullish revision of their forecasts on Hellenic Bank Pcl (HB) profit forecasts and increased their price target on the stock to EUR 5.15 per share following the release of the above-expectation first quarter results. At EUR5.15/share HB would be trading at a 2007F P/B of 2.6x
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Ericsson announced a new Global Service Delivery Center will be opened in Bucharest, Romania, in July, that will initially employ about 200 people and will serve regional and global customers. Initially, the center will employ 200 engineers, most of whom will be young Romanian engineers. Romania provides high-quality education, with a large number of universities
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Microsoft’s Entertainment and Devices (E&D) Division has announced the Middle East launch of the Wireless Entertainment Desktop 7000, an ultra-thin entertainment keyboard and mouse combination which offers a host of innovative features and Bluetooth connectivity. The ComfortCurve design of the keyboard is one of the stand-out features of the Desktop 7000 from a design point
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Telecommunications technology will in the coming years have a profound impact on many societies in Africa, contributing largely to the economic growth and wealth of millions of people on the continent. This development, and issues related to the regulatory environment supporting the foreseen growth, will be the major themes of the Commonwealth Telecommunications Organisation’s (CTO)
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A delegation of the Czech Parliament Agriculture Committee, under Committee Chairman Jiri Papez, has arrived in Cyprus on a three-day visit. An official press release said the delegation will meet House President Demetris Christofias and hold separate meetings with Agriculture, Natural Resources and Environment Minister Photis Photiou and the President of the House Agriculture and
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A University of Edinburgh/Lemba Archaeological Research Centre team, under the directorship of Professor Edgar Peltenburg, has completed four weeks of excavations at Souskiou-Laona and unveiled ancient burial sites which provided an insight into religious and social rites of the period. The site of Souskiou, near Palaepaphos, is famous for the earliest cemeteries in Cyprus, belonging
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UN Secretary General Ban Ki-Moon has paid tribute to all the men and women serving as UN peacekeepers, noting their “work is a source of pride for the United Nations every day of the yearâ€. In a message on the International Day of UN Peacekeepers, Ban said that “today, members of the UN family around
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European Union Commissioner for the Internal Market and Services Charlie McCreevy will pay an official visit to Cyprus, May 30th, at the invitation of Finance Minister Michalis Sarris.McCreevy will be received by Cyprus President Tassos Papadopoulos and meet the Ministers of Finance Sarris and Commerce, Industry and Tourism Antonis Michaelides to discuss issues concerning the
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European Union Commissioner for Science and Research Janez Potocnik arrives Tuesday in Cyprus on an official visit.During his two-day visit, on May 29 – 30, Potocnik will be received by Cyprus President Tassos Papadopoulos and will meet with Finance Minister Michalis Sarris. Present at the meeting will be the Ministers of Education and Culture Akis
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Labour and Social Insurance Minister Antonis Vassiliou leaves Tuesday for Brussels to attend the EU Employment, Social Policy, Health and Consumer Affairs Council, to take place May 30 and 31. An official press release issued here today said the agenda of the Council included, inter alias, issues of security and health at work and the
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