Andreas Georghiou, the CEO and one of the major shareholders of Universal Life Insurance has won a major battle for control of the group after a court decision on Wednesday, July 27, ruling that the interim order whereby Bank of Cyprus was ordered not sell its 28% stake in UL to Aspis of Greece was
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The Turkish publishers of the Harry Potter series of books have threatened to take legal action after reports that unofficial Turkish translations of the latest book in the series, “Harry Potter and the Half-Blood Prince”, have been posted on the internet. Yapi Kredi Publications placed advertisements in Turkish newspapers on Thursday pointing out that such
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Cyprus supports both the enlargement and the accession of Croatia and other southeastern European states to the EU, said the island’s ambassador to Austria Stavros Epaminondas during the unofficial meeting of the European Affairs Ministers of southeastern Europe that took place in Dubrovnik, Croatia, 8-10 July. The representatives of EU member states stressed the European
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Markos Kyprianou, European Commissioner for Health and Consumer Protection, welcomed the entry into effect of the EU’s Tobacco Advertising Directive on 31 July. Passed by the European Parliament and Council in 2003, the Directive bans tobacco advertising in the print media, on radio and over the internet. It also prohibits tobacco sponsorship of cross-border cultural
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The European Commission appointed Themis Themistocleous as new Head of the Representation in Cyprus together with similar appointments in other six new member states. A letter offering the position of Head of Representation has been sent to the candidates selected. These appointments will be finalised after the acceptance of the offer by the candidates and
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Motorola and Yahoo! announced they intend to collaborate to provide consumers with easy access to Yahoo!’s core products and services on millions of Motorola Linux-based mobile devices, broadband-enabled products for the connected home, and through Motorola’s forthcoming iRadio solution, starting in 2006. Motorola and Yahoo! plan to make these services available to key operators worldwide
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