“Grand Theft Auto 4” went on sale early on Tuesday, with fans lining up at midnight to get the first copies of the criminal action video game hailed as a brutal and satirical masterpiece equal to films like "The Godfather." Retailers such as GameStop Corp and Best Buy Co Inc took advance orders for the
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Advanced Micro Devices Inc (AMD) unveiled its first computer brand, aimed at small and medium-sized businesses, with design and sales help from its major chip customers such as Dell Inc. AMD Business Class desktop personal computers will be followed by notebook PCs in the second half of this year. AMD customers who plan to sell
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Nokia, the world's top cell phone maker, unveiled three new phone models on, targeting the highly competitive market for mid-priced phones. Nokia said shipments of the new phones — the Nokia 6600 Fold, the Nokia 6600 Slide and Nokia 3600 Slide — would start during the third quarter. They would sell for 175 euros ($273)
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Standard & Poor's Ratings Services said that the National Bank of Ukraine's decision to permit the Ukrainian hryvnia to fluctuate within a wider corridor is an encouraging move towards greater monetary flexibility. The weighting of tradeables in the Ukraine's consumer price index is slightly above 50%. A shift towards greater monetary flexibility will partially help
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Standard & Poor's Ratings Services said it had raised the long-term sovereign credit rating on the Republic of Cyprus to 'A+' from 'A.' The 'A-1' short-term rating and 'AAA' T&C assessment were also affirmed. The outlook is stable. "The upgrade reflects the improved prospects for fiscal performance," Standard & Poor's credit analyst Ana Mates said.
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According to the Inland Revenue Department (IRD) revenue for the period January – March 2008 increased by 7.8% YoY to EUR 445.8 mln from EUR 413.5 mln in the same period a year ago. The improvement is primarily attributed to the increase in revenue related with Special Contribution for defence, up by 27.3% YoY to
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The decision by the CSE to adjust the price of Laser Investments (LAS.CY) following the introduction of the new shares has caused tremendous pain for investors who saw the price of Laser adjust 45% lower in a single day. After closing at EUR 0.75 on Wednesday, the CSE adjusted the price to EUR 0.32 on
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The Council of Ministers approved the proposed increase in the minimum wage to EUR 743 (CYP 435) from EUR 698.82 (CYP 409) previously, recording an increase of 6.35%. The decision concerns secretaries, salespersons, nurse assistants, governess assistants, baby nurse assistants and school assistants. By July 1st, it will include other professions too. In addition, the
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Alexis Galanos, Mayor of the Turkish occupied town of Famagusta, has proposed that UN experts carry out a survey for the reconstruction of the fenced – off city of Famagusta, Varosha. The Mayor noted that such a move would be a big step towards building trust between the Greek Cypriot and the Turkish Cypriot communities
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The Karaiskakion Foundation, Cyprus’ Bone Marrow Donor Registry (BMDR), has been accredited to the World Marrow Donor Association (BMDW), having met its accreditation programme successfully. The Foundation is only the 13th bone marrow donor registry worldwide to have managed to get WMDA accreditation. The Karaiskakion Foundation is a non-profit organisation established for the sole purpose
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