Cloudy ’08 outlook wipes EUR 6 bln in market cap   Companies listed on the Cyprus Stock Exchange increased their combined profits for 2007 by 62.5% to EUR 1.57 bln (CYP 922 mln) compared to EUR 969.5 mln (CYP 567 mln) in 2006, according to Financial Mirror data, but fears that companies will not be

A solution to the Cyprus problem would yield a peace dividend of at least EUR 1.8 billion per year in new business with Turkey and other opportunities for the island, with each Cypriot family standing to gain an extra EUR 5,500 per year, according to new research from an all-island team of economists: Fiona Mullen,

A solution to the Cyprus problem would yield a peace dividend of at least EUR 1.8 billion per year in new business with Turkey and other opportunities for the island, with each Cypriot family standing to gain an extra EUR 5,500 per year, according to new research from an all-island team of economists. In a

Panasonic is geared up to unveil a range of products targeted at the broadcast and communications industry at the 14th Middle East International Cable, Satellite, Broadcast and Communications Exhibition (CABSAT) being held at the Dubai International Convention and Exhibition Center this week. The product launch will include the AK-HC3500, a high-end 3CCD high-definition camera that

Nokia has announced plans to make Microsoft Silverlight available for S60 on Symbian OS, the world’s leading smartphone software, as well as for Series 40 devices and Nokia Internet tablets. Adding support for Silverlight will extend opportunities for developers to create rich, interactive applications that run on multiple platforms in a consistent and reliable way.

Ericsson has announced an agreement with Beijing Netcom, a branch of China Netcom, to provide the company with a Command Supporting System based on Ericsson’s IMS solution for the Beijing Olympic Games. China Netcom is the official fixed-telecom service partner for the Beijing 2008 Olympic Games. Under the agreement, Ericsson will be the sole supplier

A potent rally in commodity markets showed no sign of slowing on Tuesday with resources from platinum to rice at or near record highs, while oil held near $102 a barrel, helping stock markets halt recent falls. An ailing dollar also won brief respite from successive falls to record lows versus the euro and a

A Dubai government-run investment fund said on Tuesday its talks with Liverpool football club’s U.S. owners about buying a stake were stuck as one of the club owners “was in dreamland” about valuations. “It’s no secret that we have been in discussions with the current owners,” Dubai International Capital (DIC) Chief Executive Sameer al-Ansari told