Rarely has the global economy faced as high a level of “transition risk” in recent years as it does today, Moody’s Investors Service said in a new report. While the central scenario
Gameloft posted consolidated sales of €25.8 mln in the last quarter of 2007, up by 19% from the previous year. On a comparable exchange rate basis the fourth quarter growth would have
NEW YORK (Reuters) – MBIA Inc said on Thursday it would have the cash to meet commitments even after reporting a worse-than-expected loss, but rating agencies kept the pressure on the world’s
Nokia Siemens Networks has signed an agreement with Ubiquisys Ltd, developer of the ZoneGate intelligent 3G femtocell, to provide femtocell solutions that offer greatly improved 3G network coverage and quality of mobile
Historical figures revised up  New figures on the Cyprus labour force underline the importance of construction and real estate to employment growth in the past five years. While the fastest growing
Cyprus has the third best performance regarding unemployment, according to data by Eurostat, the Statistical Office of the European Communities. The unemployment in Cyprus reached 3,7% in December 2007. The euro area
The Board of Directors of Bank of Cyprus will convene on Wednesday, 27 February 2008, to examine the audited financial results of the Bank of Cyprus Group for the year ended 31
VIENNA (Reuters) – OPEC on Friday kept oil supplies unchanged and began a debate about whether or not it should curb supplies in March to defend prices against a drop in demand
Microsoft Corp (MSFT) said it has offered to buy Yahoo Inc (YHOO), the popular Web portal, for $44.6 billion in cash and stock, seeking to join forces against Google Inc (GOOG) in
WASHINGTON (Reuters) – U.S. employers unexpectedly cut 17,000 non-farm jobs in January, the first time in nearly 4-1/2 years that U.S. payrolls shrank as fading construction and manufacturing sectors reflected the economy’s
