European Central Bank held interest rates at 4.0 percent on Thursday, as expected, brushing off calls to help avert a sharp worldwide economic slowdown by cutting borrowing costs. All 83 economists polled
The Bank of England cut interest rates on Thursday in an attempt to shore up the British economy during the global credit squeeze, but policymakers are clearly concerned that inflation remains a
Nokia is taking the The Recording Academy and the 50th Annual GRAMMY Awards ‘global and mobile’ by offering GRAMMY Award winning music and video programming to Nokia customers around the world. “The
AXA announced it has entered into an agreement to acquire OYAK’s 50% share in AXA OYAK Holding A.Åž., a joint venture company established in 1999. Under the terms of the agreement, AXA
Smart Technologies has announced the launch of its new Smart Board 685, a wide-format interactive whiteboard with a 16:10 aspect ratio that measures 87 inches, or 221 cm, on the diagonal. The
Ericsson announced its U500 mobile platform, a next generation architecture with a triple processor solution and a powerful multimedia subsystem, enabling new multimedia functionality and advanced multitasking capabilities. The U500 will not
WASHINGTON (Reuters) – U.S. productivity rose at a solid clip in the fourth quarter as employers sharply cut the number of hours worked, restraining growth in labor costs, according to a report
The Central Bank of Cyprus granted its permission to the joint venture ‘Emerging Financial Partners’ (EFP) to acquire 100% of the share capital of the Cyprus Development Bank (CDB), while the official
Standard & Poor’s Ratings Services is set to announce changes to boost the integrity of its research, such as rotating analysts’ coverage, newspapers said on Thursday. Ratings agencies have come under fire
Cyprus’ largest bakery chain, A. Zorbas & Sons Pcl (ZRP) intend to expand their operations into Romania. During a presentation held in Athens for institutional investors, the Company’s management team analyzed ZRP’s
