Business - Page 2166

Bank of Cyprus shares trading in Greece rallied sharply higher on Tuesday to a closing high of EUR 3.30 or CYP 1.8945 on the back of a sharp rally in Greek shares.

News Corp, the company run by media mogul Rupert Murdoch, has made one of its first major internet purchases. It has bought Intermix Media, owner of Myspace.com, the fifth most-viewed internet domain

Logicom subsidiary Noesis received the prestigious “East Mediterranean Partner of the Year” and the “New Customer Generation” awards at the recent Microsoft Worldwide Partner Conference. The Microsoft awards for Business Solution Partners

Scrap the direct trade regulation The Turkish Cypriot Chamber of Commerce (KTTO) has proposed scrapping the stalled direct trade regulation that would lift restrictions on trade in Turkish Cypriots goods, in favour

The Central Bank of Cyprus announced a new issue of up to CYP 12 mln Government Registered Development Stock with three years maturity and interest at 4,25% p.a. The interest, which is

The Central Bank has decided to postpone evaluating a request by the Lithuanian Snoras Bank, seeking permission to buy a controlling stake in Universal Bank pending the outcome of a court fight