The Mama of all pizza wars

A new pizza is about to hit the Cyprus market, triggering off yet another sector skirmish in the various ongoing trade wars on the island. Mama’s Pizza is expected to hit the

Turkey withdraws old lira banknotes

The Central Bank of Turkey has withdrawn all old Turkish lira banknotes from circulation as of January 1, 2006. According to reports, old Turkish lira still account form around 5% of money

Ukraine reassures Europe over gas supplies

Ukraine’s natural gas company Naftogaz said on Monday that it will meet all of its contractual commitments to ship natural gas to European countries, following Russia’s cut-off of gas supplies on Sunday.

Global semiconducter sales soar

Worldwide sales of semiconductors increased by 7.2% in November compared to the same month in 2004, the Semiconducter Industry Association (SIA) said Tuesday. November sales were 20.4 billion dollars. Sales were up

CSE ends 2005 with 50% gain

Market cap up by CYP 1.1 bln The Cyprus Stock Exchange index, GENX ended 2005 with gains of 51.63% marking its first positive performance following four years of declines and probably one