The euro rallied to $1.4824 against the dollar immediately after US nonfarm payrolls increased by a smaller than expected number in December, raising fears that the US may be in a recession, forcing the Fed to cut interest rates more aggressively and thus reduce the dollar’s attractiveness. US nonfarm payrolls rose by 18,000, the least

Russian Telecommunications Holding Comstar United Telesystems (Comstar UTS) assisted by Intel Corp. is going to build a nationwide Russian WiMAX based network (IEEE 802.16e standard). The companies entered into a strategic agreement on wide-scale development of this technology. The contract clarifies each party’s responsibilities. Intel promises to develop up-to-date technological platforms with standard interfaces for

In line with the first half of the year, the Greek PC market continued to expand in 3Q07, with shipments growing by 32% YoY, reaching the highest growth in Western Europe. However, growth remained slightly below expectations due to the devastating wild fires in the summer and the elections in September, which diverted the attention

Worldwide PC shipments are projected to rise by 16.7% in the fourth Q of 2007, according to IDC’s Worldwide Quarterly PC Tracker. Following a slow seconnd half of 2006, with growth reaching a low of 7.9% in the fourth quarter, growth has accelerated steadily in 2007, reaching 16% in Q3. As a result, annual growth

The Cyprus Stock Exchange (CSE) All Share Index closed at today’s stock exchange meeting as follows: MEETING DATE: 4/1/2008 INDICES BASE VALUES: FTSEMed=5000, OTHERS=1000                                  EURO (€)              TRADED VALUE                   11.992.442,33          INDEX                               VALUE     %DIFF      VALUE (€)—–                              ——–   —–    ————-FTSE/CySE 20                       1.619,79   -0,58    10.981.716,33MAIN MARKET INDEX 4.808,62 -0,56 10.791.788,06 PARALLEL MARKET INDEX              2.119,05    0,35        84.404,30 INVESTMENT COMPANIES

According to the results of the quarterly Cyprus Labour Force Survey, which is carried out in accordance with EU rules, the total number of employed amounted to 379,777 in the third quarter of 2007, of which 210,910 were males and 168,867 were females. The employment rate for persons aged 15-64 was 71.3% (males 80.8% and

Ericsson and Chunghwa Telecom (CHT), Taiwan‘s largest telecom operator, have signed an agreement for the supply of reconfigurable optical add-drop multiplexers (ROADMs). This is the first contract awarded by CHT for its five-year ROADM plan. Highly efficient and cost-effective optical solutions will be implemented to help achieve CHT’s Optical Era Project objectives. Ericsson’s Marconi MHL 3000 family,

Motorola, Inc. and Metrologic Instruments, Inc. of New Jersey announced that Motorola subsidiary Symbol Technologies, Inc., and Metrologic Instruments have reached an agreement that settles all outstanding patent infringement disputes between the two companies. Since 2002, Metrologic and Symbol have been engaged in a number of patent disputes involving technology in the fields of barcode