At the request of the Slovak authorities, the ministers of the euro-area Member States of the European Community, the European Central Bank and the ministers and the central bank governors of Cyprus, Denmark, Estonia, Latvia, Lithuania, Malta and Slovakia have decided, by mutual agreement, following a common procedure involving the European Commission and after consultation

The Board of Directors of Aspis Holdings Public Company Ltd announced that the Extraordinary General Meeting that took place on Friday, March 16, 2007 approved unanimously the special resolutions to increase the capital and issue new shares.Special resolution 1 concerned raising the nominal capital from CYP 22 mln divided into 55 mln shares of CYP

Industrial turnover rose by 5.9% compared with the same period of the previous year in January-December 2006, according to the latest figures from the Cyprus Statistical Service CYSTAT. The Industrial Turnover Index (Mining and Quarrying, Manufacturing, Electricity, Gas and Water Supply) for December 2006 reached 132.9 (Base 2000=100). This compares with industrial production growth of

The Piggi.B worm, the ReverseClick.A trojan, the VideoCach adware, and the potentially unwanted program (PUP) XPCSpy are the subject of this week’s PandaLabs report. The laboratory also revealed this week how rootkits are increasingly being used by malware creators. The ReverseClick.A trojan is designed to reverse the functions of the primary and secondary mouse buttons

Aspis Holdings (formerly MFS) announced that its stake in Universal Life Insurance Public Co. Ltd., is now in excess of 40% with a good possibility for the level to increase as the extended public offer made for UL shares at CYP 3.00 per share is still in progress. Aspis Chairman Pavlos Psomiades said Aspis is

AT&T Inc., Ericsson, France Telecom, Panasonic, Philips, Samsung Siemens, Sony, and Telecom Italia announced the founding of the Open IPTV Forum, an industry consortium that will work to define an interoperable end-to-end specification for delivery of IPTV services. The forum, which is fully open to participation across the communications and entertainment industries, will focus on

Nokia announced that its Enterprise Solutions business group has received the 2007 Frost & Sullivan North American Mobility Award for Mobile Device Management. “Mobile device management and mobile security is now a critical component to any enterprise deploying a mobility solution,” said Samir Sakpal, Frost & Sullivan. “These solutions enable businesses to cope with rising

Expanding its lineup of consumer-friendly, easy-to-use external hard drives, Western Digital Corp. recently introduced the My Book World Edition family of shared storage appliances. This new series allows consumers and home office workers to securely access their digital content, such as photos, home videos and documents, and share it with family and friends from anywhere

PandaLabs has detected VideoCach, a new adware specimen, that is designed to fraudulently promote certain security applications including the novelty of using rootkit techniques. Rootkits are programmes designed to hide files or processes running on a computer which makes malicious code that use rootkit techniques more difficult to detect. VideoCach creates shortcuts on the desktop

The Bank of Cyprus campaign offering to renew motorists’ circulation licenses online has paid off as the bank booked 75% of the record 200,000 renewals through the Internet. The campaign raised record awareness for the online payment to the Dept. of Motor Vehicles by entering each renewal into a draw for a BMW X5 all-purpose