Standard & Poor’s Ratings Services said that it had revised its outlook to negative from stable on eight Kazakh banks: Kazkommertsbank (JSC) (KKB), Bank TuranAlem, Halyk Savings Bank of Kazakhstan, Alliance Bank JSC, Temirbank JSC, BTA Ipoteka Mortgage Co., JSC Nurbank, and JSC Eurasian Bank. At the same time, Standard & Poor’s lowered its long-term
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Ericsson’s commitment to energy-efficiency improvements has received recognition in the form of an award from the China Center for Information Industry Development (CCID). Ericsson accepted the China Information Industry Energy-Efficiency Innovation Award at a ceremony on December 7, as part of the seventh Annual Economic Conference of China IT Industry in Beijing. It was the
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Comcor-TV (TM AKADO), the Russian cable operator, launched a music download service for its customers using the hosted Music2You (M2Y) solution from Nokia Siemens Networks, enabling secure downloads to Comcor TV’s subscribers. Nokia Siemens Networks provided to Comcor-TV the fully hosted M2Y solution that enables secure downloads to PCs, thus offering operators additional paths to
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Panda Internet Security 2008, the integrated security suite from Panda, has been awarded the ‘Recommended Buy’ seal after taking first place in a comparative review in the magazine PC Actual. The review studied ten security suites, including Norton Internet Security 2008, McAfee Total Protection 2008 and Kaspersky Internet Security 7.0. The magazine described Panda Internet
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NK Shacolas Holdings, the family owned group owned by Nicos Shacolas has submitted a takeover bid seeking full control of Cyprus Trading Corporation (CTC) at EUR 2.50 per share, or a 9% premium compared to the previous closing price of CTC on the CSE at EUR 2.30 per share. The total bid value is estimated
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Director of the Veterinary Services Charalambos Kakoyiannis said on Wednesday that next week the measures, taken in a ten-kilometre zone due to foot and mouth disease (FMD), will be lifted. ”The work has been done within the ten-km zone and over the next few days we hope that the measures will be lifted,” he said.
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By Katerina Nikolaou Cypriot President Tassos Papadopoulos has arrived in Portugal, where European Union heads of state and government will sign the Treaty of Lisbon. The ceremony of the signature of the Treaty of Lisbon, is scheduled for 13 December, at the Jeronimos Monastery in Lisbon. The ceremony starts at 1130 and the President of
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Cypriot President Tassos Papadopoulos said on Wednesday that Cyprus enjoys ”the sympathy and support” of all EU member states regarding the island’s political problem, adding that this was evident through the conclusions of the General Affairs Council, which he described as the best since the 2004 referendum on a UN-proposed solution plan (the Annan plan).
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Cyprus’ imports recorded an increase while exports decreased in the period from January to September 2007, with the trade deficit rising to 2,200.5 million Cyprus pounds in January-September 2007 compared to 1,925.9 million pounds in January-September 2006. According to data published by the Statistical Service of Cyprus, total imports/arrivals, covering total imports from third countries
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The Cyprus Development Bank, the recently privatised investment bank sold by the state to a group of investors for EUR 75 mln, has introduced the CDB Multifix 2007, a new deposit product aimed at private investors and corporates, as well as institutional investors. The new product has a flexible term deposit for nine periods carrying
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