Travel abroad surges 16% in Nov.

The number of Cyprus residents traveling abroad surged 16.1% year-on-year in November to 53.130, reversing the declines recorded in August, September and October, the Department of Statistics reported. Greece remained the top

BOC adds 77.9 mln new shares

Bank of Cyprus Public Company Ltd announced that as from Thursday, 29 December 2005, the 77.902.232 new shares of the Bank arising from the recent rights issue will be introduced for trading

New flat mobile phone from Motorola

Motorola has released a new ultra-flat cell phone onto the market. The L6 tri-band cell phone is 10.9 millimetres thick and offers 10 megabytes of storage, Bluetooth, a VGA camera, and an

Dutch concerned over 3G mobile phone masts

Dozens of Dutch local authorities are resisting the erection of masts to carry voice and data for the new third generation of mobile phones (3G), citing health concerns. The decision by community

Improvements in results expected

An increasing number of companies proceeded last week to announce positive profit warnings concerning their 2005 results, with last week’s list including the likes of Top Kinisis, Atlantic Insurance and Universal Bank.