EMED Mining Public Limited, listed on the London Stock Exchange AIM market since May 2005, said in its quarterly review that while the copper and zinc project in the Klirou area is worthy of further work, development should not be considered unless resources are expanded through successful exploration. Rising metal prices have materially improved the

Epson has announced the Middle East launch of the Stylus Photo R1900, which incorporates the latest developments to provide durable, superior quality photos up to A3+ on a wide range of media. It includes groundbreaking image processing algorithms to manage colour combinations and ensure beautiful prints.  It also features a new formulation of Epson UltraChrome

Western Digital Corp. has announced it has joined The Green Grid, a nonprofit consortium dedicated to advancing energy efficiency in data centers and business computing ecosystems. The Green Grid – which does not endorse any vendor-specific products or solutions – seeks to provide industry-wide recommendations on best practices, metrics and technologies that will improve overall

The European Network and Information Security Agency (ENISA) recently published a follow up study on measures internet and e-mail service providers take to secure their services and limit spam and unsolicited e-mails. As less spam reaches its target (only 6% of all e-mail traffic actually reaches mailboxes), the public perceives the situation to be under

By Santosh Menon LONDON, Feb 27 (Reuters) – Oil powered to a new record above $102 a barrel on Wednesday, closing in on its inflation-adjusted peak, as a slumping dollar on lacklustre U.S. economic data triggered a surge across commodities markets. U.S. crude stood 67 cents higher at $101.51 a barrel by 0925 GMT, off

BRUSSELS, Feb 27 (Reuters) – The European Commission fined Microsoft a record 899 million euros ($1.35 billion) on Wednesday for defying sanctions imposed on the software giant for antitrust violations, far exceeding the original penalty. The Commission, executive arm of the European Union, has now fined Microsoft 1.68 billion euros for its original violation and

Oil powered to a new record above $102 a barrel on Wednesday, closing in on its inflation-adjusted lifetime peak, as an ailing dollar on worsening U.S. economic data triggered a surge across commodities markets. U.S. crude stood 15 cents higher at $101.03 a barrel by 1300 GMT, off its new record high of $102.08 and

Cyprus Airways Pcl (CAIR) reported net profit of EUR 1.17mln for 2007 compared to a loss of EUR 7.39mln  in FY06. EPS stood at EUR 0.0043. CAIR’s loss in FY06 included non-recurring expenses relating to the implementation of the Company’s restructuring plan. Ermes Department Stores Plc (ERME) reported its preliminary FY07 results, posting a net

Greece will ask German authorities to share any data on its residents dodging taxes through Liechtenstein bank accounts as part of its clamp down on tax cheats, the country’s finance minister said on Wednesday. Greece will ask German authorities to share any data on its residents dodging taxes through Liechtenstein bank accounts as part of