Larnaca leads building permit growth

Urban Nicosia declines   Growth in the number of building permits authorised in Cyprus reached 8.8% year on year in January to September, down from 11.9% year on year in January-August. They

Astra introduces Operating Leasing

Cost savings of up to 20% for companies   Astra Self Drive Cars Plc (ACR), the CSE-listed car hire company, has introduced the Operating Leasing concept, targeting local corporations looking to cut

SFS warrants exercised

SFS Group Public Company Limited (SFS) announced that on December 1, 2006 a total of 3,879,187 warrants (2005/2007 )have been exercised. SFS, therefore, proceeded to the issue and allocation of 3,879,187 new

Laiki merger plans approved

Cyprus Popular Bank Public Company Ltd announced that on December 5, 2006, the Central Bank of Cyprus approved its application for the acquisition – via a Public Offer – of 100% of

Panda detects Banker, Tneg trojans, worms

This week’s Panda Software’s weekly report looks at the Banker.FLO and TnegA.A Trojans, the IrcBot.AIV worm and the WKSSVC hacking tool. Banker.FLO is a Trojan that monitors Internet traffic generated when the

Ericsson launches live IMS over 3G in Japan

Softbank Mobile Corp in Japan has launched the world’s first live IMS network over 3G, powered by Ericsson’s IP Multimedia Subsystem (IMS) solution that includes Circle Talk (push-to-talk) and HotStatus (presence, group

Devastating mobile attack under spotlight

All mobile phones may be open to a simple but devastating attack that enables a third-party to eavesdrop on any phone conversation, receive any and all SMS messages, and download the phone’s

CSE profits surge 132% in 9M06

The 21 companies listed on the Cyprus Stock Exchange that announced their nine month results ending September 2006 reported a combined 132% increase in profits to EUR 466 mln, from EUR 201