Cyprus car regs soar in December

December saw the full impact of the large cut in excise duties in November, as registrations of motor vehicles rose by 17.1% compared with December 2005, following a 6.2% rise in November.

Supreme Court rules in favour of Marfin

as the Cyprus SEC loses credibility   The Cyprus Supreme Court has overturned a previous decision of the Cyprus Securities & Exchange Commission in the takeover saga between Marfin Popular Bank and

Morgan Stanley keeps raising Marfin stake

Morgan Stanley & Co. International notified the Cyprus stock exchange that it has continued increasing its stake in Marfin Popular Bank (MPB). Following its previous notification that on January 17, 2007 it

Fraudsters using new phishing tactics

A new phishing kit has been discovered that is being used by fraudsters to capture victims’ personal information online in real-time, Computing reported. The Universal Man-in-the-Middle Phishing Kit enables fraudsters to sit

SFS shipping fleet keeps growing

…Well diversified group seeks higher returns   SFS Group PCL (SFS), the diverse financial services, investments and asset holdings group, has increased its exposure to the shipping sector, raising its fleet from

Piraeus to cooperate with Hellenic Bank

Duringt a meeting held between the Chairman of Hellenic Bank Andreas Panayiotou and the Chairman of Piraeus Bank Michalis Sallas, the latter stated that TPEIR does not intend to acquire Hellenic Bank

750 companies join Nokia for Business Mobility

Nokia announced that more than 750 mobility, business voice and security companies worldwide have joined the Nokia for Business Channel Program since its introduction three months ago. Representing the industry’s most complete