BOC stays out of Laiki dispute

Bank of Cyprus has decided not to submit proxies for its stake in Laiki Bank ahead of the EGM to be held on October 24, effectively distancing itself from the 50-70 disgruntled

Laiki to sue Lazarides for spreading lies

The Board of Directors of Laiki Bank Pcl (CPB) will sue former Chairman Kikis Lazarides for spreading lies and damaging information against the interests of Laiki shareholders and employees. Equally important are

Cyprus Central Bank keeps rates unchanged

The official interest rates of the Central Bank of Cyprus, that is the minimum bid rate on the main refinancing operations, the interest rate on the marginal lending facility and the interest

Ericsson to supply HSPA to Wataniya Kuwait

Ericsson has been selected to upgrade Wataniya’s network with full 3G/HSPA functionality that will boost the operator’s mobile broadband offering to end-user in Kuwait. Commercial launch has already started. Under the agreement,

Cyprus destroys 4,5 tonnes of Carrefour meat

  Cyprus authorities have destroyed some 4,5 tonnes of beef, pork and lamb which they deemed as “unsuitable for consumption” after seizing the meat from the stores of Chris Cash and Carry/Carrefour

Trust updates range of 2.0 speaker sets

By introducing three new 2.0 speaker sets and modernizing a number of existing models, Trust has updated its entire range of compact speakers. It has introduced three new compact PC speaker sets

Ericsson, T-Mobile microwave deal in Czech Republic

Ericsson and T-Mobile Czech Republic have signed a frame agreement for the supply of MINI-LINK microwave transmission solution, providing a platform for flexible, scalable and cost-effective wireless transmission. Ericsson’s microwave transmission solution

Six worthless excuses to invest

Everyone knows the key to building wealth is through saving and investing. Yet last year, the U.S. Commerce Department’s Bureau of Economic Analysis revealed that Americans had a negative savings rate for

Nokia powers Vodafone’s 3G in Australia

Nokia is supporting Vodafone Australia’s launch of its updated 3G broadband network in Australia with world leading High Speed Downlink Packet Access (HSDPA) technology. Vodafone will offer its customers data services at