Following the announcement of the 2009 preliminary results, the Board of Directors of Atlantic Insurance Pcl (ATL) decided to propose to the Annual General Meeting the payment of a dividend of EUR0.09 per share (2008: EUR0.09). The total profits attributable to shareholders recorded an increase of 22.3% to EUR4.58 mln from EUR3.75 mln in 2008.
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The CSE Council announced it has accepted the listing of 500 bonds of Primetel Plc of nominal value EUR 10,000 each, which will bear a stable rate equal to 6.75% until their expiry on June 30. The interest will be payable twice a year, on June 30 and on December 31 of each year. Trading
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Muskita Aluminium Industries Plc released its preliminary 2009 results posting a 25% Year-on-Year decrease in revenue to EUR47.5mln compared to EUR63.8mln in 2008, but managed to maintain a marginal increase in profits. Group revenue was pressured mainly due to the deterioration of exports and the Group’s weaker turnover at a local level, resulting from the
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Gains in miners, buoyed by firmer metal prices and banks, supported by improving risk appetite, lifted Britain's top share index 0.5 percent to a one-month high early on Tuesday. By 0902 GMT the FTSE 100 was 28.68 points higher at 5,380.75, touching its highest since Jan. 21, after snapping a five-session winning run to close
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Nearly 20 percent of the U.S. workforce lacked adequate employment in January and struggled to make ends meet with reduced resources and bleak job prospects, according to a Gallup poll released on Tuesday. In findings that appear to paint a darker employment picture than official U.S. data, Gallup estimated that about 30 million Americans are
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A prestigious Chinese university and a lesser-known vocational school have denied a report they were the source of recent cyber attacks on Internet giant Google and other U.S. corporations, Xinhua news agency said on Saturday. A representative of Shanghai Jiaotong University, considered one of China's best, said the allegations in a New York Times report
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The cellphone market will rebound more strongly strongly than expected this year as improving economies boost spending on new gadgets and handset vendors push cheap smartphones, research firm Gartner said on Tuesday. The market fell 1 percent in 2009, the first decline in eight years as consumers cut spending amid recession. But Gartner analyst Carolina
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The Turkish Cypriot Chamber of Commerce is in Brussels this week for discussions with European Commission officials about the Green Line regulation and other economy-related issues. Whether it will come away with anything significant improvements to Green Line trade is another question. Regulation 866/2004, to give it its proper title, was the EU regulation passed
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Greece is asking for political support and time to implement its Stability and Growth Program and prove that it is once again trustworthy, prime minister George Papandreou said in an interview with the BBC, stressing that the government has the great majority of the Greek people on its side, who want to proceed with the
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The Price Index of Construction Materials for January 2010 recorded an increase of 0,73%, over the previous month. According to the Statistical Service of the Republic of Cyprus, the Price Index of Construction Materials for January 2010 reached 117,96 units (base year 2005=100,00). Compared to January 2009, the Ιndex recorded an increase of 0,69%.
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