R & D expenditure in Cyprus increases

Expenditure for research and development in Cyprus in 2006 has increased compared with previous years according to the results of the ad hoc survey carried out by the Statistical Service for the

Barclays in talks to raise GBP6 bln

 British bank Barclays Plc  is close to raising about 6 billion pounds ($9.8 billion) from a number of potential investors and could announce details on Friday, a person familiar with the matter

R&D activity inches up in Cyprus

Research and development activity is inching up from a low base, according to the results of the ad hoc survey carried out by the Statistical Service for the collection of data on

Three-quarters of Cypriots now have broadband

The proportion of households in the Republic of Cyprus with broadband access to the internet leapt in in 2007 according to the latest information society statistics from the Statistical Service. Broadband connections

Cyprus Options issues negative profit warning

Options Cassoulides Plc announced that the nine-month results 2008 will be lower compared to the corresponding results of 2007. The decline is attributed to the increased expenses in the sector of conferences

Cyprus economy EUR 30 mln bigger than thought

The size of the Cyprus economy in 2007 was EUR 30.7 mln larger than initial estimates, according to revised national accounts figures from the Statistical Service. Gross domestic product (GDP) in 2007