Mobile Telesystems OJSC, the largest mobile phone operator in Russia and the CIS, and Nokia Siemens Networks announced today their cooperation in building a turnkey 3G network in the Moscow region. The
As notebooks become more popular, they are increasingly being used as a desktop PC. However, a notebook’s small keyboard and the restricted viewing angle mean that it is not always comfortable to
PandaLabs has discovered a network of almost 15,000 computers infected with the new Barracuda.A bot. This malicious code is designed to allow its creators to launch distributed denial of service (DDoS) attacks
The Monetary Policy Committee (MPC) of the Central Bank’s Board of Directors decided to keep interest base rates unchanged at 4.5%. Newly appointed Governor of the Central Bank Athanasios Orphanides thus maintained
Moody’s Investors Service has placed the long-term government bond ratings and country ceilings for foreign currency bank deposits of Cyprus (A2) on review for possible upgrade. This follows the recommendation issued by
Bank of Cyprus Public Company Ltd announced that on 23 May 2007, 3.167.241 new ordinary shares of the Bank will be introduced for trading on the Cyprus Stock Exchange and the Athens
Kuwait has abandoned pegging its currency to the U.S. dollar and returned to linking it to a basket of currencies, the Central Bank governor announced. The fall of the exchange rate of
Hellenic Bank Pcl (HB) beat and surpassed market expectations by delivering a highly satisfactory set of results in the first quarter of 2007. HB reported total income of EUR 72.1 mln in
The number of building permits authorised by the Cyprus municipal authorities fell year on year in the first two months of 2007 but rose in both value and areas, according to the
The CSE Main Market Index closed the week at 4859.79, 7.5% higher than the previous week’s close of 4518.83, mainly driven by the performance of the heavy-weight banking sector stocks. Open attachment
