Business - Page 2096

The European Commission said in its Autumn Forecast produced on Thursday that it forecast real GDP growth in Cyprus to pick up to 4.0% in 2006 and 4.2% in 2007 on the

Russian arrivals still booming After a slight dip in September, tourism arrivals recovered in October, rising by 4.8% compared with October 2004, and bringing the year-to-date rise to 6.2% compared with January-October

Sony Corp. and NEC Corp. plan to start a joint venture to produce optical disc drives in April 2006, the companies announced Thursday. While Sony will hold a 55% stake, NEC will