Vassiliko Cement Works Pcl (VCW) posted a strong set of  results in the first nine months of 2006 with net profit jumping 18.7% YoY to CYP 5.7 mln or EUR 9.88 mln from CYP 4.8 mln or EUR 8.3 mln a year ago in the same period. A sharp jump in sales, mainly exports coupled

Muskita Aluminium Industries Plc (MAI) reported a highly satisfactory 24.3% YoY increase in net profits to CYP 3.99 mln or EUR 6.9 mln compared to CYP 3.2 mln  a year ago in the same period on the back of higher sales and its ability to control costs. MAI’s turnover increased by 21.0% YoY to CYP

Mobile Telesystems, the largest mobile operator in Russia and CIS, has awarded an equipment upgrade and services contract to Motorola, Inc. to improve the quality, capacity and performance of its Moscow macro region network, MTS’ largest geographic region. This contract will allow MTS to further improve its voice and data quality, and help to reduce

The Kuwaiti Ministry of Information raided three computer resellers involved in the use and trade of illegal software. The raids resulted in the confiscation of two computers, one hard disc and 97 CDs loaded with pirated software. The successful raids were the result of the continuous cooperation between Microsoft, as a Business Software Alliance (BSA)

Security experts have warned that while the current generation of viruses for mobile phones are largely a theoretical problem, their rapid evolution means they will pose a major threat in the future, ZDNet Australia reports. “What took 20 years to develop on the PC has taken about two years on mobile devices. We have seen

Retail trade volumes in Cyprus have risen strongly so far in 2006, growing by 6.6% in January-September 2006 compared with the corresponding period of 2005, according to preliminary data for September. According to provisional estimates, the turnover volume index of retail trade for September 2006 increased by 0.2 units to 130.7 units, a rise of

PandaLabs has detected the distribution of massive amounts of spam trying to push sales of stocks in a certain company. Specifically, the emails predict a sharp increase in the stock value of West Excelsior Enterprise Inc. over the next five days. The aim is to persuade the recipient to buy stocks in this company. The objective of

A security expert has warned that the increasing use of Microsoft code in mobile applications could lead to a rise in mobile malware activity, iTnews reports. While little malware activity is aimed at mobile phones, the situation could change as Microsoft’s influence grows, he said. The expert cited two large Japanese telecoms companies which are

According to a study commissioned by the Mozilla corporation, anti-phishing features in Firefox 2.0 perform better than equivalent security technologies in IE7, The Register reports. The tests looked at how each browser responded to known phishing URLs as identified by community anti-phishing website Phishtank. Firefox in its most secure configuration blocked 81.5 percent of the