Orphanides (ORF) issued a negative profit warning for its 9M07 financial results blaming the decline on lower revenue mostly because of reconstruction and renovation works at its supermarkets at Larnaca, Zakaki and
The European Commission has tabled its proposals for funding TEN-T projects for the period 2007-2013. In selecting the projects, the Commission has given priority to cross-border projects and environmentally friendly modes such
Cyprus and China signed in Nicosia two memorandums of cooperation in the sectors of agriculture and fisheries, and the environment.The memorandums were signed by the Directors of the respective departments in the
Renewed pressure in international markets, starting from a 4.4% decline in the Shanghai Index, which was followed by early Thursday weakness in Europe forced Cypriot titles sharply lower. Asian investors marked Chinese
Capital Intelligence, the international rating agency, has raised the long-term foreign currency rating of the Republic of Cyprus to ‘A+’ from ‘A’ and affirmed its short-term foreign currency rating of ‘A1’. The
by Christa Nicolaou Athens (CNA) — Chairmen of the Cyprus Stock Exchange (CSE) and the Athens Stock Exchange (ASE) Giorgos Koufaris and Sypros Kapralos respectively expressed satisfaction over the results of the
Cyprus equity prices came under heavy selling pressure on Wednesday, declining by 4% as a wave of sell orders wiped out Tuesday’s moderate rebound. Cyprus equities were mostly tracking European and US
About 75% of all new malware that appeared in the third quarter of this year were Trojans, according to data from the PandaLabs Q3 2007 report. “Trojans are still, by far, the
Ericsson announced its latest evolution in low-energy telecommunication solutions, a solar-driven and energy-efficient main-remote GSM base station deployed in conjunction with leading Indonesian operator PT Telekomunikasi Selular (Telkomsel). The breakthrough deployment will
Gulf Cooperation Council area investment into the IT industry is poised to reach USD 5 bln in 2007 with Saudi Arabia and the UAE accounting for 47% and 30% of this total,
