Business - Page 1935

HNS Limited announced that it decided to submit a Public Offer to the shareholders of Spidernet Services Public Ltd (SNET) for the acquisition of a minimum 51% and maximum 100% of the

UBS has revised higher its price target on the share price of Hellenic Bank Pcl (HB) to CYP 2.40 from CYP 2.00 previously, implying a 70% capital appreciation opportunity compared to current

Although daily volatility on the bond markets remains high, yield spikes have abated. Yields will probably trend sideways for the next several months, with large fluctuations on either side unlikely, according to

On 14 September, the Swiss National Bank decided to lift its target rate by 25 basis points to 1.75%, meeting the market’s expectations. Surprising to both UBS and the market was the

The AGM of shareholders of Muskita Aluminium Industries (MAI) approved an additional dividend payment of 0,4 cent per share for the year 2004 and a final dividend payment of 4 cent per

Total arrivals tumble in August Arrivals figures for August have extinguished any doubt that this has been a bad year for tourism in Cyprus, while also underlining the growing importance of Russian