The U.N. World Summit on the Information Society opened Wednesday in the Tunisian capital Tunis overshadowed by several attacks on foreign journalists. The opening of the second international summit on the management and control of the internet took place in the presence of Tunisian President Zine al-Abidine Ben Ali and U.N. Secretary General Kofi Annan.

Police are investigating 33 home Internet users in Singapore for illegally distributing music files online, part of a global crackdown on piracy, officials said Wednesday. The International Federation for the Phonographic Industry (IFPI) triggered the wave of action that involves 2,100 cases in Asia, Europe and South America for the first time. A police force

German police are hunting a virus-writer who was bombarding the internet with vast numbers of worm-infected, German-language e-mails, and security firms advised web users to update anti-virus software fast. State police in Munich said the worm was first spotted on Monday and reports were coming in early Tuesday from Switzerland that it had arrived there.

Bank of Cyprus shares continued their down move, closing 3.24% lower on Wednesday at CYP 2.39, following Tuesday’s 2.4% decline, bringing their weekly losses to 5.5% as investors rushed to sell their shares in order to raise money to participate in the forthcoming rights issue. BOC will list a total of 467.413.395 rights, which open

EBRD region outperforms with 5.3% growth There are fewer business constraints on companies across central and eastern Europe and the former Soviet bloc than at any time since the start of the transition process 15 years ago, says the EBRD in its latest Transition Report. Economic performance in the region is also strong, with average