Business - Page 2050

A drop in US unemployment combined with rising wages have fuelled expectations of another interest-rate rise by the US Federal Reserve at its next meeting in March. Ben Bernanke took over from

Cyprus and Ireland have agreed to promote cooperation on issues concerning overseas development assistance, an official press release said, adding that the agreement was the result of contacts a Cypriot delegation chaired

Turkey’s property market is expected to grow by 10% this year, according to Reuters, encouraging up to four real estate investment companies (REITs) to list on the Istanbul stock exchange. Turkey’s economy

The Universal Bank, after evaluating competitive tenders, selected Logicom subsidiary Noesis, to provide and implement a payroll and provident fund system for the bank. Noesis has undertaken to automatically convert the data

Epson has launched its P-4000 Multimedia Storage Viewer in the Middle East, ideal for professional and semi-professional photographers, featuring an 80GB storage capacity for image backup as well as the Photo Fine

Vassiliko Cement Works Public Co. Ltd. announced that two large investment projects aimed at increasing its electricity output are underway. Within the framework of the constant efforts to reduce the energy cost,

The Piraeus Court issued a court order against Dolphin Hellas, a company with which Louis Cruise Lines (LUI) had signed an agreement in February 2005 to acquire the ship Aegean I at