Kodak books huge losses as digital spreads

Eastman Kodak, the Rochester-based pioneering U.S. manufacturer of film and cameras struggling to keep up with digital photography, reported quarterly losses of 1 bln dollars, compared to earnings of 458 mln dollars

Notebook computers booming in Asia-Pacific

The demand for notebook computers is booming in the Asia-Pacific region with India recording the strongest personal computer (PC) growth, International Data Corporation said on Thursday. The third quarter marked the biggest

Corporatisation of semi-gov’t organisations

The Minister of Finance, Michalis Sarris, announced earlier this week that a bill was being drafted to transform semi-government organisations into publicly owned companies. Although privatisation of semi-government organisations is off the

HVB takeover of UniCredito approved

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Bayerische Hypo- und Vereinsbank AG (“HVB”) by UniCredito Italiano S.p.A. (“UniCredito”), both of which offer a wide range

BOC hits another record

Bank of Cyprus shares continued their advance, gaining another 1.5% in Cyprus and 5.2% in Greece to fresh record highs, as the euphoria of a successful rights issue, plus bullish expectations for