Markos Kyprianou, Commissioner for Health, announced that funds will be made available to co-finance an emergency mass vaccination campaign against bluetongue in the EU in 2008. Bluetongue is an insect-transmitted, viral disease which affected thousands of animals across 11 member states in 2007. At a conference hosted by the Commission in Brussels on Wednesday, over
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Eutelsat Communications announced a major contract for its new Tooway satellite broadband Ka-band service with Swisscom, Switzerland‘s leading telecoms company. According to the agreement, Eutelsat’s Tooway service is the satellite component of a far-reaching universal broadband programme for all Swiss homes. Swisscom won a tender from the Swiss Ministry for Telecommunications to make broadband connectivity
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Epson has announced the Middle East launch of the A4 Epson Stylus Photo R290, a six-colour photo printer for those who are passionate about the quality of their photos. It features Claria Photographic Ink and the innovative printing technologies that make Epson the choice of professionals. With the Stylus Photo R290, premium quality photos that
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NEW YORK (Reuters) –US stocks fell on Wednesday, after Intel Corp (INTC.O) posted both a disappointing profit and outlook, driving the S&P 500 to its lowest closing level in 14 months. The poor results from Intel, the world’s largest chip maker, came on the heels of poor retail sales data on Tuesday, dismal banking results
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Asian stocks rose led by technology companies and Japanese property developers, after Merrill Lynch & Co. raised its rating on Samsung Electronics Co. and UBS AG said a drop in real-estate companies was overdone but gave up some of the early gains after Chinese stocks nosedived. The broad-based Topix index dropped 0.3 per cent to
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WASHINGTON (Reuters) – The head of the World Bank’s anti-corruption unit, Suzanne Rich Folsom, resigned on Wednesday to rejoin the private sector, a Bank spokesman said. Folsom, a U.S. ethics lawyer, had been dogged by controversy since her appointment in 2005 by former Bank President Paul Wolfowitz, who resigned in June amid an ethics scandal
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Inflation in Cyprus reached 3,7% in December 2007 according to data by the Statistical Office of the European Communities (Eurostat). In December 2007, the lowest annual rates were observed in the Netherlands (1.6%), Finland (1.9%) and the United Kingdom (2.1%), and the highest in Latvia (14.0%), Bulgaria (11.6%) and Estonia (9.7%). Compared with November 2007,
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Cyprus, as an EU member state and having harmonised its legal framework with the European directives, provides a stable business environment for potential investors, President Tassos Papadopoulos said, adding that the Government proposes the establishment of an Energy Centre, which together with the continuing promotion of the use of Renewable Energy Sources, as well as
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LOS ANGELES (Reuters) – U.S. television’s top show, “American Idol,” returned to prime time with 33.4 million viewers, down sharply from last year’s record season debut but still more watched than the four other major networks combined, according to ratings. The two-hour Fox network broadcast on Tuesday averaged 4 million fewer viewers overall than last
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The SNB yesterday hiked the 1-week repo to 2.08% from 2.05% (where it had been since October 4 2007). The key to understanding this move is that the SNB targets 3-month libor, not the 1-week repo, as its main policy rate, notes Citibank in a research note dated January 17, 2008. The target for 3-month
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