Amazon revenue rises sharply but profits fall

Leading online retailer Amazon.com has posted sharply higher third-quarter revenue, but profits were 44% lower due to a one-time legal settlement for a patent infringement case. Sales amounted to 1.86 bln dollars,

Cypriots turn to forex loans

A record number of Cypriots turned to borrowing in foreign currency during the first nine months of the year, taking advantage of super low euro borrowing rates, according to official data released

VAT receipts up

VAT receipts in September 2005 recorded an increase of 10.2% YoY to CYP 92.8 mln compared to CYP 84.2 mln in September 2004, whilst for the first nine months of the year,

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