Citigroup analysts have upgraded their rating on Greece’s Postal Savings Bank (PSB) to Buy (1H) from Hold (2S) as the expected total return is now over 20%. “We leave our estimates and
Ermes Department Stores Plc, a member of Shacolas Group and owner of Debenhams, Next, DIY Superhome, Peacocks, Zako, Artview, Fashionlink and others announced that the indicative unaudited consolidated results for the first
Retail sales in Cyprus accelerated in June, according to preliminary data, rising by 10.1% year on year, after revised growth of 6.2% in May. Sales rose strongly in most subcategories, with the
Logicom Plc (LOG), Cyprus’ leading IT and software company with an international presence reported a 17.3% jump in turnover during the first half while net profit were up 6.9% Year-on-Year compared to
Construction materials prices rose by 5.7% compared with the same month of the previous year in July, with the price index of construction materials reaching 139.64, compared with 139.61 in June. For
Aegon, one of the world’s largest life insurance and pension companies, and Merrill Lynch announced they will form a strategic business relationship in the areas of insurance and investment products. As part
Fears of a global banking systemic crisis remain exaggerated, despite the most recent events, given that the ‘core’ of the system is still comfortably shock-resistant. However, the ongoing resilience of the system
Motorola, Inc. has completed the acquisition of privately-held Leapstone Systems, Inc., a communications software developer that provides a unified platform for rapidly creating, managing and delivering converged video, voice and data service
Ericsson and leading Pakistani operator Warid Telecommunications announced a new three-year managed services agreement that will deepen the existing strategic partnership between the two companies and marks Ericsson’s first multivendor deal in
Nokia has launched a new 3G mobile phone that pairs original design and quality workmanship with outstanding features. The 6555 meets the desire for aesthetic appeal with an external analog clock echoing
