A spike in Chinese inflation weakened equity markets on Thursday, as investors pondered the prospects of interest rate hikes in one of the world's main economic drivers. World stocks as measu....

Britain's leading share index shed 0.3 percent early on Thursday as commodities and financials Editing by Hans Peterssaw recent gains clipped after data rekindled concerns about tighter monetary ....

US Stock index futures fell on Thursday, pointing to a weaker start for Wall Street. By 0859 GMT (3:59 a.m. ET), futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq slipped 0.....

OPEC to hold supply steady, oil price where it wants

OPEC is expected to leave oil output targets unchanged when it meets in Vienna next week, as a price around $80 and hope that a rebounding world economy will burn more fuel override concern about over....

UK universities strong enough to handle budget stress

While universities in the United Kingdom face significant budget cuts and potential increases in student fees, the sector's credit strengths are likely to sustain the vast majority of institution....

Cyprus participated in CeBIT in Germany

The Cyprus Ministry of Commerce, Industry and Tourism participated at the world's foremost tradeshow for the digital industry, CeBIT, which took place in Hannover, Germany, between 2 – 6 Ma....

EU Commission calls upon US to abolish visa for Cypriot nationals

The European Commission has called upon the US government to abolish the soonest possible visa requirements for Cypriot nationals. In a written statement Wednesday, European Commissioner for Justi....

Cypriot delegation begins contacts in Berlin to promote tourism

Α Cypriot delegation, headed by Minister of Commerce, Industry and Tourism Antonis Paschalides, began Wednesday contacts in Berlin to attract tourism from the German market. According to an ....

Strike to paralyse Greece as anger at austerity builds

Angry public and private sector unions are expected to bring Greece to a standstill on Thursday in a second nationwide strike in as many weeks against tough government austerity plans. The 24-hour....

Asia stocks dip on China tightening fears

Asian stocks fell on Thursday as investors worried strong loan growth and quickening inflation in China would spur Beijing to tighten monetary policy sooner than expected, while the yen rebounded ag....

Moody's reviews Qtel's rating for possible downgrade

Moody's Investors Service has placed the A1 long term ratings for Qatar Telecom Q.S.C. (Qtel), the A1 rating for Qtel International Finance Limited and A1-rated bonds issued under Qtel's GMT....

Storm Xynthia has impact on French insurers; less for reinsurers

Storm Xynthia -- which struck western Europe on February 28 causing serious damage, mainly in France -- will present a significant, though manageable, cost for the French insurance industry, Moody....

Brown says UK to maintain triple AAA credit rating

Prime Minister Gordon Brown said on Wednesday he believed Britain would maintain its coveted top credit rating and announced a pay freeze for top civil servants to help tame a record deficit. Sett....

UK industrial production unexpectedly falls in January

British manufacturing output unexpectedly fell in January at its sharpest monthly rate since last August, reversing December's strong rise after icy weather in January dented production, official....

Cyprus Tourism Minister to visit Tourist Exhibitions in Berlin and Moscow

Commerce, Industry and Tourism Minister Antonis Paschalides is flying to Berlin heading a delegation comprising Cyprus Tourism Organization’s (CTO) Ministry officials, with a view to participate....

Suspects to appear in Cyprus Court for theft of the body of T. Papadopoulos

Suspects, arrested on Tuesday in connection with the theft of the body of the late President of Cyprus Tassos Papadopoulos, are expected to appear today before Nicosia District Court for a remand orde....