Business - Page 2097

Lanitis Bros. Public Co. Ltd. reported a strong rebound in sales and profit for the first nine months of the year ending September, with profits helped in part by a successful cost

Alliance International Reinsurance Public Co. (ALL) reported sharply lower profit for the first nine months of 2005 due to the payment of back taxes, which the company said are non recurring. Gross

German police are hunting a virus-writer who was bombarding the internet with vast numbers of worm-infected, German-language e-mails, and security firms advised web users to update anti-virus software fast. State police in

Bank of Cyprus shares continued their down move, closing 3.24% lower on Wednesday at CYP 2.39, following Tuesday’s 2.4% decline, bringing their weekly losses to 5.5% as investors rushed to sell their

EDITORIAL Recently revised data from the Central Bank of Cyprus underline the fact that professional business services (and therefore a large proportion of our readers) are fast becoming the real backbone of

A new study on how to raise the tourism potential of Nicosia to be published today has identified four key areas in which Nicosia can complement the tourism on offer for the

But a new fuel tax could still wreck euro plans The government has revised down its forecast for the budget deficit in 2005, following better than expected results for the first nine