D3Publisher, a leading Japanese publisher of hit console and casual games, is using Nokia’s  SNAP Mobile platform to develop connected games for Java-based mobile phones. The mobile version of D3Publisher’s hit game Earth Defense Force, already available on Xbox and PlayStation 2, is expected to be available by the end of 2007. D3Publisher will also introduce
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PSA Peugeot Citroen has now produced more than 10 mln vehicles equipped with the HDi engine, a key factor in reducing CO2 emissions. Coming less than a decade after the Group introduced HDi technology in 1998, this success validates its commitment to high-volume production of modern diesel engines that offer superior environmental performance, driveability and
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Air Berlin PLC has agreed with Thomas Cook AG to a two-step acquisition of the shares of Condor Flugdienst GmbH by means of a share swap. On February 10, 2009, Air Berlin will acquire the 75.1% share Thomas Cook holds in Condor. The remaining 24.9% will be acquired in February 2010, subsequent to Thomas Cook
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The European University Cyprus hopes to attract more students following its accreditation as a university and is counting on its link with Laureate International Universities to boost overseas enrolment. The new university’s Rector, Prof. Dr. Andreas Orphanides, told the Financial Mirror in an interview that the transformation from a college to university is a historical
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— Aim to attract more students from Greece  The overwhelming changes taking place at Frederick University will see it attracting more students from Europe, particularly from Greece, while a 60% leap in the payroll will allow it to attract more high-caliber professors. With fees only expected to rise 10% after the second year and
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The University of Nicosia, formerly Intercollege, one of the three private colleges that was granted university status by the government, wants to play a key role in helping Cyprus become a truly international centre for education by attracting more students and increased emphasis on research. The university’s Executive President Dr. Nicos Peristianis and Rector Dr.
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— Spending up 40%, lure professors with higher pay  When the Intercollege, Cyprus College and the Frederick Institute of Technology received their university accreditations last week, they opened up new opportunities for students and academics alike. Many Cypriots are now expected to stay home to study, while the island attracts new teaching professors with
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The dollar fell to a record low below $1.40 against the euro on Thursday, in a delayed reaction to last Tuesday’s more-than expected half a percent cut in US interest rates. The breach of the psychologically key $1.40 level came in early European trade, with the move taking out key stop-loss and option barriers and
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Eurobank Securities have upped their price target on the Bank of Cyprus shares from EUR 14 to EUR 15 with an outperform recommendation on the back of expectations that the profit target for 2007 will exceed expectations. Eurobank analysts expect Bank of Cyprus to achieve profit growth of 28.5% annually during the 2007-2009 period, with
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Marfin Popular Bank announced that it has sold 1.527.066 shares of Bank of Cyprus through the Athens Stock Exchange at an average price of EUR 12.30, reducing its stake in the Bank to 6.6%.
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