Business - Page 2090

Moody’s the international rating agency, has kept Cyprus’ rating outlook stable and its credit quality rating in foreign currency at A2 (“medium”), supported by the high per capita income and a manageable

Woolworth (Cyprus) Properties Public Co. Ltd. reported a sharp decline in net profits during the first nine months of the year because of lower revaluation of land investments and higher financing costs.

The Board of Laiki Bank is scheduled to meet on December 5, 2005 to decide the final details regarding the terms of issue of the rights in a bid to raise up

Muskita Aluminium Industries (MAI) reported a 11% decline in net profits to CYP 3.2 mln in the first nine months of the year following higher depreciation charges, increased energy costs and foreign

Laiki Bank expects to wrap up the procedures leasing to the complete takeover of the Serb based Centrobanka a.d. by the end of 2006, with Laiki General Manager Michalis Louis stating that

Some 1,200 Internet users in Denmark try to access child pornography websites each day, but a month-old blocking filter, so far only available to customers of telecommunications group TDC, has has thwarted