Retail sales remained strong into the new year according to provisional figures for January released by the Statistical Service CYSTAT. Retail sales volumes rose by 5% in January, compared with the same month of 2006, while in value terms they rose by 8% in the same period. Pharmaceutical sales continue to boom, up by 26.8%

A/A-1 ratings affirmed   LONDON (Standard & Poor’s) March 29, 2007. Standard & Poor’s Ratings Services said today it revised its outlook on the Republic of Cyprus to positive from stable based on the rapid improvement in its fiscal position since 2005. At the same time, the ‘A’ long-term and the ‘A-1’ short-term foreign and

The Council of Ministers, which convened on Wednesday under President Tassos Papadopoulos, appointed the Chairman and members of the Board of Directors of Cyprus Airways and Eurocypria.Government Spokesman Christodoulos Pashiardis said Kikis Lazarides was appointed Executive Chairman of Cyprus Airways and Lazaros Savvides Chairman of Eurocypria.The Cabinet appointed Georgios Georgiou, Andreas Philippou, Michalis Antoniou, Charalambos

The Cyprus Stock Exchange in agreement with the Securities and Exchange Commission decided to delist the titles of Euroinvestment & Finance Public Ltd due to its failure to comply with the necessary dispersion percentage of the Alternative Market. It is noted that the Company’s dispersion to the public – despite the six-month period of compliance

The CSE Council announces that it has accepted the listing of 14,937,553 shares of Aspis Holdings Public Company Ltd (allocation to strategic investors), as well as the listing of 32,330,454 Rights of the same issuer. It is noted that the above shares will be incorporated in the already listed share capital of the Company, which

The CSE Council in agreement with the Securities and Exchange Commission decided to extend by two weeks more the period of acceptance of the Competitive and Revised Public Offer of Aspis Pronoia AEGA and Commercial Value SA for the acquisition of a minimum 20% and a maximum 50% plus 1 share of the issued share

Aspis Holdings Public Co. Ltd., announced the intention to submit a public offer seeking to acquire the 50% plus one share of the capital of Leda Investments Pcl (LEDA) in an all-cash bid at the price of CYP 0.0815 or EUR 0.1403 per share. The deal is subject to Aspis acquiring the desired level. Sharelink

Banker trojans designed to steal financial information are evolving rapidly. One recent example, the StealAll.A trojan, injects a DLL in the Internet browser to steal data users enter in online forms. According to PandaLabs, 53.6% of the new malware samples that appeared in 2006 were trojans. And 20% of all trojans detected by Panda ActiveScan

“Convergence” isn’t just about technologies coming together. It’s about a rapidly-consolidating playing field where companies “converge” to lead the future of business mobility. Nokia is poised to lead this convergence. At CTIA Wireless 2007 in Orlando, Florida, the company is showing how its business mobility products, solutions, ecosystem and strategy will benefit millions of mobile