Bank of Cyprus Pcl (BOC) managed to meet and surpass the 3Q profit expectations of JP Morgan, after delivering CYP 45.15 mln in net profit against the forecast of CYP 39 mln.
The dollar climbed sharply against all the major currencies Friday after a report revealed that the US unemployment fell to a new five-year low of 4.4%, while the previous month nonfarm payroll
Epson has introduced its latest general purpose Stylus C79 DURABrite Ultra, four-colour inkjet printer in the Middle East, providing the region’s small and home offices with a high-performing, economical print solution. It
Nokia and Vodafone Australia have signed a USD 230 mln, seven-year managed services agreement that includes engineering, operations and maintenance of Vodafone’s HSDPA, 3G, GPRS and GSM networks. As part of the
PandaLabs has detected the mass-mailing of messages with lucrative job offers, aimed at recruiting ‘mules’. In Internet slang, ‘mules’ are people used to launder stolen money, mainly originating from phishing or other online fraud.
Low-cost travel and cheap franchise pioneer Stelios Haji-Ioannou is looking for business partners to expand his easyHotel.com brand to Cyprus and 17-18 local hoteliers have already shown interest in the franchise. The
The European Central Bank (ECB) has voted to keep eurozone interest rates on hold at 3.25% for November, a decision that was widely expected but is widely expected to raise rates by
First Cypriot issuer of US commercial paper  Kommunalkredit International Bank Ltd. (KIB) has become the first Cyprus-based bank to launch a USD 5 bln US Commercial Paper Program, the biggest ever
The publication of the latest Labour Force figures, showing that the unemployment rate fell sharply to reach 4.1% of the labour force in the second quarter of 2006, compared with 5.4% in
By Dr.Jim Leontiades Cyprus International Institute of Management  It was not so long ago (last September) that I wrote an article about the “Summer Doldrums” of the CSE. After an upward
