Libra Holidays Group Pcl (LHG), the CSE listed travel and air group announced that its subsidiary, Ajet Aviation Ltd., formerly Helios will cease its airline operations in the next three months. The Board of Ajet decided to suspend its airline operations in the next three months and decide at a later stage how to offload

Bank of Cyprus Pcl announced that it has decided to announce its first nine month results, due on Friday November 3, prior to the opening of trading on the CSE and the ATHEX, instead of the previous practise of announcing after the close.  

The first meeting of the Internet Governance Forum (IGF) begins today in Athens. It is an important milestone agreed last November at the World Summit on the Information Society in Tunis (WSIS) as part of the drive to internationalise internet governance, to safeguard freedom online and to bridge the global digital divide. The Commission strongly

On the first day of the launch of the Common Trading Platform (CTP) with the ATHEX, the CSE main index closed with 0.68% gains on satisfactory volume with market participants experiencing minor problems. The CSE Main/Parallel market index closed 0.68% higher at 3413.22 points, on EUR 17.3 mln (CYP 9.97 mln) volume on 2271 trades.

The launch of the Common Trading Platform with the ATHEX saw minor problems developing as Cypriots got used to trading with the OASIS trading system and in euros, but overall, things hummed along well. The fact that total volume on the first day hit EUR 17.3 or CYP 9.9 mln on 2271 trades shows that

Microsoft is investigating a report of a new, yet-to-be-fixed security vulnerability in PowerPoint, CNET reports. Sample attack code that exploits the vulnerability has already been released on the Internet. Use of the code in an attack could cause a complete system compromise, according to Microsoft. “The reported proof of concept may allow an attacker to

Muskita Aluminium Industries Plc has said it will appeal against a decision issued by the Nicosia District Court in favour of Alsako Aluminium Ltd for the sum of CYP 1,391,045 or EUR 2.41 mln plus interest from July 27, 2001. The Company was one of the three defendants. MAI is also in agreement with the

The Cyprus International Businesses Association (CIBA) has reached an agreement with the Consultancy Unit of Intercollege Limassol Campus, to conduct an in-depth study of the international business sector (IBS) in Cyprus. The study commenced in October 2006 and is expected to finish in March 2007. The study will assist in identifying ways to strengthen the

Hackers have created a bogus Internet Explorer 7 download site that attempts to load Trojan code onto the PCs of visiting surfers, The Register reported. Traffic to the malicious website is being driven by a spoofed email message, claiming to be from [email protected], offering a link to download Release Candidate 1 (RC1) of Microsoft Internet