Motorola, Inc. announced the newest addition to its industry-leading portfolio of Bluetooth enabled products, the Headset H680. This design marks the beginning of a new generation of highly fashionable, discreet headsets from Motorola’s design team that balances style with high performance. Adding an air of elegance to its suite of Bluetooth enabled headsets, the sophisticated
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Haris Loizides, the chairman of the Cyprus Hoteliers Association (Pasyxe), has submitted a proposal to the Cyprus Tourism Organisation to set up a working group to see how the Russian tourism market can be further developed in order to attract more tourists to Cyprus. Speaking on the sidelines of the Moscow International Travel and Tourism
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As the European Union celebrates its 50th anniversary, it finds itself entering a period of uncertainty and faces a loss of direction and a number of key challenges that have credit risk implications, says Moody’s Investors Service in a new report on “International Policy Perspectives”. In particular, the combination of a frenetic period of enlargement
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Cyprus is not expected to face any serious problems during the phasing in of the euro as long as all issues are tackled in a positive and constructive manner, said Athens Industry Chamber president Pavlos Ravanis. Speaking at the Bank of Cyprus-sponsored public seminar on “Pounds today, Euros tomorrow – Are we ready?†Ravanis focused
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Spiceradio.net, the first exclusively Internet-based radio station, is looking for investors who want to join the venture and take advantage of the advertising and revenue potential. Veteran radio producer Malcolm Morris, Managing Director of MGN Spice Radio & Media Co. in Paphos, told the Financial Mirror that a second web-based venture is also in the
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It is a shame that die-hard trades unionists, who allege to be looking after the interests of the working class, so often cocoon themselves from the real world. They employ strong-arm tactics that often worsen labour relations within a company. They intimidate employers and employees alike. They refuse to discuss pensions at 63 and 65,
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Mitsides Public Company Ltd, Cyprus’ leading flour and pasta manufacturer, distributor and exporter scored a massive success during its initial public offering (IPO) on March 19-22 as the issue to the public was oversubscribed 5.35 times according to preliminary results secured by the Financial Mirror. Mitsides had offered a total of 1.808.304 shares at CYP
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Greek Cypriot and Turkish Cypriot political parties have launched a series of events aimed at promoting rapprochement between the two communities. Speaking Tuesday night during the first event, a reception at Famagusta Gate, Nicosia, organized by the Slovak embassy in Cyprus, left-wing party AKEL General Secretary Demetris Christofias expressed the wish that Greek and Turkish
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The European Commission adopted on Tuesday the rules on the implementation of the European Fisheries Fund (EFF), which is the major fund through which the EU will provide financial support to the fisheries sector over the period 2007-2013. Over this period, Cyprus is set to receive 17.5 million euros.According to a press release, the purpose
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SFS Group Public Company Ltd (SFS) announced its intention to submit a Public Offer for Athena Investment Public Co Ltd (ATH) seeking the acquisition of 50% plus 1 share of ATH’s issued share capital in cash. According to the announcement, for each ATH share, SFS will offer a cash consideration equal to ATH’s Net Asset
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