The CSE announced the suspension of trading of titles of Andreas Coullapides Public Company Ltd from December 1, 2005 and until its delisting, following a decision by shareholders to back a voluntary liquidation plan unveiled by Management. During an Extraordinary General Meeting held on November 30, 2005, shareholders decided that the Company will proceed with

Bank of Cyprus rights (BCRI) rallied 16.78% on Friday to a fresh high of 17.4 cent amid intense arbitrage activity as major funds and investment managers sold rights in Greece and bought them back cheaply in Cyprus. Informed sources told the Financial Mirror that Laiki brokers were very active during the last two days, selling

The Monetary Policy Committee (MPC) voted 5-1 on Friday to maintain unchanged the official interest rates of the Central Bank of Cyprus, that is the interest rates on the marginal lending facility and the deposit facility, at 4.25% and 2.25%, respectively. Talking to journalists after the meeting of the MPC, Central Bank Governor Christodoulos Christodoulou

Areeba, the island’s alternative mobile service provider has launched its Areeba Mobile Data Card allowing users mobility and access to the Internet at the fastest speed available. Geared mostly at notebook users, the areeba mobile data card, retailing at CYP 199 plus VAT slots directly into notebooks, giving customers access to email and the Internet.

Motorola and Skype have introduced the first Skype-certified Bluetooth headset solution in America, the Motorola Wireless Internet Calling Kit. Available at 3,500 RadioShack stores in the U.S., the Motorola kit enables Skype users to experience the freedom of wireless while making free, unlimited voice calls over the Internet. Comprised of a Motorola H500 Bluetooth Headset

A new study has described the Internet as a worldwide flea market after finding that one in six U.S. Internet users have sold goods and services online, and that 2% do so on any given day. The study by the Pew Internet and American Life Project found that most sales are typically conducted through such

First store on Nicosia’s Ledra Street The Shacolas Group has added the Peacocks affordable family brand to its stable of high-street retail stores that now include Ermes, Debenhams, Next and Adam’s. Peacocks, the national UK retailer of clothing, footwear and homeware, will open its first store in Nicosia on Thursday, December 1, taking over the