Panda Security has signed a deal with Telmex –the leading telecommunications company in Latin America- to provide almost 2.4 million broadband users with the ‘Prodigy Antivirus’ security solution. Thanks to this deal, Telmex users will benefit from the excellent protection offered by ‘Prodigy Antivirus’ developed by Panda Security. This solution stands out for its ease-of-use
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Motorola, Inc. has completed end-to-end testing of its 3G femtocell solution and has begun trialing its solution with a major European operator. “Motorola is pioneering the development of femtocell solutions that play a key role in realizing our vision of Seamless Mobility,” said Joe Cozzolino, corporate vice president and general manager Motorola Home & Networks
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The European Commission has joined forces with Euro-toques, the European association of chefs, to teach children about the importance of having a balanced diet, with the first event on healthy food and cooking taking place at the Peristerona primary school in Nicosia District at 10am on Thursday. By organising fun workshops with top-level chefs in
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— New rights issue to fund 8-ship acquisition  Ocean Tankers Holdings, the only public company quoted in the ‘Shipping’ sector of the Cyprus Stock Exchange, expects the current oil crisis to benefit the company and propel profits from a projected USD 3,5 mln in 2007 to USD 20 mln next year. With sea-going vessels
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By Dr Alan Waring  Recent articles and correspondence in the Financial Mirror on the subject of corporate governance and Sarbanes-Oxley have prompted me to add to the discussion. As I am also about to jet off to the Far East to present a paper on ‘Avoiding Tunnel Vision and Quack Governance’ at the Economist/CFO
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Louis Public Co. Ltd. (LUI) announced that the owner company of the sunken vessel ‘Sea Diamond’ received the insurance compensation amounting to USD 55 mln.The owner company of the ‘Sea Diamond’ initially made a USD 55 mln loan from DVB Bank and with the above insurance compensation will effectively repay the loan owed to DVB
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Vassiliko Cement Works Pcl (VCW) said that the procedures leading to a full merger with the Cyprus Cement Company (CCC) are proceeding on schedule following the approval by the Commission for the Protection of Competition (CPC) on 27 July 2007. As a result, both Companies have already made important steps towards the implementation of the
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The market is nervous, today BoE and ECB interest rate announcement By Rodian Rahnayev 08 November 2007 Finotec Analysis Team    EUR/USD USD/JPY GBP/USD USD/CHF Resistance 1.47651.47501.4730 114.90114.00113.35 2.11352.11002.1072 1.14651.14251.1350 Support 1.46151.45751.4475 112.80112.60112.15 2.09322.09002.0861 1.13001.12601.1220 Yesterday, we saw a sudden decrease in the U.S dollar, a drop came after official comments suggesting China
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Cyprus Finance Minister Michalis Sarris is due to sign the changeover in the share ownership of the state-owned Cyprus Development Bank at a special ceremony Thursday at 13.00 at the Finance Ministry. Sarris will sign the agreement on behalf of the government, while representatives of the European Investment Bank holding 11.99% of the CDB stake
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European Union specialist on animal disease Alberto Ladomada said on Wednesday that all data collected so far indicates that foot and mouth disease (FMD) virus type O is present in Cyprus, noting that available data does not indicate a major spread of the disease. Ladomada was speaking after a meeting at the Veterinary Services offices
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