Although the new French President, Nicolas Sarkozy, advocated a top-down and deliberately non-consensual line in his election campaign — in contrast to the more bottom-up consensual approach adopted by his Socialist opponent Segolene Royal — he has already taken considerable strides towards softening this approach, Moody’s Investors Service says in a new “International Policy Commentary”.
More
Ericsson has launched Network IQ, an independent platform that allows operators to use a single solution to control all their network systems. Network IQ supports streamlined workflows and subsequent cost reductions for operators that run their network over a large number of systems. The solution enables cross-technology and multivendor-performance reporting to help operators troubleshoot and
More
PandaLabs has detected a new variant of the Briz trojan, called Briz.X, which has already infected almost 14,000 users, stealing all types of information, such as bank and personal details, all types of passwords and even instant messaging conversations, etc. According to PandaLabs, it is continuing to infect an average 500 new computers per day.
More
Elena (Nora) Dikaiou, a major shareholder in Alkis Hadjikyriakos Frou-Frou Biscuits (FBI) has submitted a request to the company to discuss the issue of enforcing the CSE’s Corporate Governance Code at the forthcoming Annual General Meeting of shareholders. Dikaiou, holding 1/20 of the capital of FBI wants the AGM, to be held on June 7,
More
Marfin Popular Bank, rated A3 by Moody’s and BBB+ by Standard & Poor’s, launched yesterday an inaugural EUR750 mln 3-year transaction under its EMTN programme. The issue was 1,94 times oversubscribed. The bond yield is 29 basis points over 3-month Euribor and will be listed on the Luxembourg Stock Exchange. The Joint bookrunners were Citigroup,
More
Events in Estonia highlight that pro-active security needs the support of Incident Response (IR) capabilities in the moments of crisis. Cyber attacks against Estonia, mainly in the form of Distributed Denial of Service (DDoS) attacks, primarily targeted the Estonian Government and police sites. Private sector banking and on-line media were also heavily targeted and the
More
Cyprus has cruised smoothly towards winning EC and ECB approval to join the euro-zone in January 2008 as the country managed to satisfy all the economic criteria for entry. The euro awareness campaign, however, was singled out as “poor and inadequateâ€, something that the Financial Mirror has been warning the Finance Minister for several months
More
Companies watching every trade through SMS programme  Stock market investors are the subject of intense harassment and at the mercy of price manipulation due to a sophisticated Shares Management System (SMS) programme that monitors every trade on the Cyprus Stock Exchange and relays the information to the listed companies within minutes of the trades
More
Recent comments by MPs warning the public that they could face a huge bill if Cyprus adopts the EC Directive on minimum motor insurance coverage has been described as untrue by the leading insurance web site, www.asfalizomenos.com and as yet further proof that MPs are only concerned with grabbing news headlines and public attention. Insurance
More
By Michalis Olympios  From all the cases that caused investors most harm in 2000 two deserved most the public scrutiny: Globalsoft and Laiki Investments. Neither was scrutinized and so lawmakers and regulators missed the opportunity to draw lessons. The delisting of Globalsoft brought to surface the failure of the prosecution to successfully bring charges
More