BT completes acquisition of 68.6% of Net2S SA

BT announced that it has completed the acquisition of 68.6% of Net2S SA’s outstanding issued share capital from four controlling founding shareholders at a price of €5.27 per share. The deal values

Motorola concludes control of Vertex Standard

Motorola, Inc. announced that its subsidiary, MI, Inc., has successfully completed its tender offer to acquire a controlling interest in Vertex Standard Co., Ltd. of Japan, a global provider of 2-way radio

Cyprus house prices rise 19.2% in 2007

But slip in December   Residential house prices in Cyprus accelerated during 2007 according to the latest results from the BuySell Home Price Index, rising by 19.2% for the whole year compared

Cyprus construction accelerates to 9% in Q3

The Cyprus production index in construction reached 124.2 in the third quarter of 2007, rising by 9% over the same quarter of 2006. Construction output thus accelerated compared with the second quarter

Nokia to close Bochum site in Germany

Nokia announced plans to discontinue the production of mobile devices in Germany and close its Bochum site by mid-2008. The company plans to move manufacturing to its other, more cost-competitive sites in

Stable outlook for Belgium’s banking system

While continued progress has been made in integrating and rationalising their domestic operations, Belgian banks’ earnings and efficiency remain moderate, says Moody’s Investors Service in its new Banking System Outlook for Belgium.