More and more shoppers are willing to spend on gadgets with a touchscreen — even if it means they lose on extra features and better quality. Touchscreen technology has been sweeping consumer electronics, leaving few devices untouched, and even digital cameras are affected. Commonly found in monitors in airports, banks and other public places, the
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Swedish Minister of Foreign Affairs Carl Bildt has expressed hope that the Cyprus problem is near its solution. Speaking during a debate at the Swedish Parliament on October 23, Bildt stressed that both the President of the Republic of Cyprus Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat are convinced this might be the
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Moody's Investors Service has downgraded the long-term local currency deposit ratings of all four rated Pakistani banks — National Bank of Pakistan, Habib Bank Ltd, United Bank Ltd and MCB Bank Ltd — to Ba2 following the downgrade of the country's local currency deposit ceiling to Ba2 from Baa2 on Tuesday. The short-term local currency
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The fundamental credit outlook for the Kuwaiti banking system is stable to negative, according to Moody's Investors Service in its new Banking System Outlook for Kuwait. This reflects, on the one hand, the still good operating environment and the sector's good financial fundamentals, but on the other hand, Kuwaiti banks' high exposure to the weakening
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Vassiliko Cement Works Public Co Ltd (VCW.CY) issued a negative profit warning according to which the consolidated results for the third quarter of 2008 are expected to be lower compared to the results of the second quarter of the year. The deterioration is due to the Company’s obligation to the Commission for the Protection of
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The 51st International Council of Alcohol & Addictions (ICAA) International Conference on Dependencies will take place from 2-6 November 2008 in the coastal town of Limassol, Cyprus, under the overall theme ''Empowerment for Practitioners''. The five-day meeting, which is under the auspices of the President of the Republic Demetris Christofias who will open the meeting,
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With the participation of 75 delegates from 38 countries, the Cyprus Olympic Committee is organising from 31 October until 1 November, in the coastal town of Larnaca, the VIII Technical Seminar of the European Olympic Committees. The COC has said, in a statement, that the seminar is regarded as a very significant event for the
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By Lisa Baertlein (Reuters) A memento with Depression-era humor helps Kristin Bertrand keep perspective as her family braces for a Christmas holiday without their home. The small ceramic dish she keeps from her grandfather reads: "Cheer up, things could be worse." Then, in smaller type: "So I cheered up and sure enough things got worse."
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LONDON, Oct 30 (Reuters) – British bank Lloyds TSB named on Thursday the key figures who will form the management team following its proposed takeover of HBOS, with the list dominated by names from Lloyds' existing team. Key positions such as the head of UK retail banking and wholesale have been handed to the Lloyds'
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British house prices fell in October at their sharpest annual rate since records began in 1991, the Nationwide building society said on Thursday, as the housing market slump gains momentum. The mortgage lender said house prices fell 1.4 percent on the month. That was the 12th consecutive monthly fall, albeit smaller than the declines registered
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