Internet search phenomenon Google is buying a privately-held email security company in a cash deal worth USD 625 mln in order to challenge Microsoft’s business domination with Office. Postini’s technology encrypts and
Piraeus Bank announced its intention to proceed with a EUR 1.35 bln capital increase via a rights issue. The proceeds of the rights issue will be used to further finance the expansion
Standard & Poor’s Ratings Services said today that its ratings on The Royal Bank of Scotland Group (RBSG; AA-/Stable/A-1+) and related entities are unaffected by today’s announcement that it will be taking
Vivartia SA has delisted its 75% owned Cypriot dairy subsidiary, Charalambides, from London’s AIM. Vivartia currently holds 81% of Christis following a public offer, which is still in progress. Vivartia formally Vivartia
The number of eggs for hatching placed in incubation in Cyprus in May reached 143,100 eggs for laying and 1,410,600 eggs for meat. Both eggs for laying and eggs for meat recorded
Ericsson announced it has extended its cooperation with the United Nations to aid and improve emergency response by leveraging technological progress in telecommunications. Ericsson will provide a complete mobile telecommunications solution that
Nokia Siemens Networks has signed a GSM network expansion contract with China Mobile Group Yunnan Co., Ltd. (YNMCC) worth about EUR 70 mln. The deal concerns both urban and rural areas of
Apollo Investment Fund Pcl (APOL) issued a negative profit warning for its first half 2007 financial results on the back of amid lower gains from the sale and revaluation of investments. A
The Annual General Meeting of Minerva Insurance Company Public Ltd held on July 4, 2007 approved the proposed dividend of 0.5 cents (EUR0.0086) per share or 5% on the nominal value for
The number of residents travelling abroad from Cyprus rose by 9.6% in the first five months of 2007 to reach 359,478 according to Financial Mirror calculations using monthly Statistical Service data. Greece,
