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UK man gets 27 years in U.S. jail for plot to torture, eat child

A British man who admitted planning to kidnap, torture and eat at least one child using a sound-proofed dungeon he built in his home in Massachusetts was sentenced to nearly 27 years

17th September 2013
Cyprus

Berlusconi’s Fininvest ordered to pay 494 mln euros in damages

The family holding company of former Italian prime minister Silvio Berlusconi was ordered on Tuesday to pay 494 million euros in damages stemming from the disputed purchase of publisher Mondadori. The final

17th September 2013
Business

Chaos as floods submerge Mexico’s Acapulco, death toll rises

Mexico's famous beach resort of Acapulco was in chaos on Tuesday as hotels rationed food for thousands of stranded tourists and floodwaters swallowed homes and cars after some of the worst storm

17th September 2013
Cyprus

FBI says shooter had valid pass to get into Washington Navy Yard

The suspect in the Washington Navy Yard shooting, Aaron Alexis, used a valid pass to gain entry to the base, the FBI said on Tuesday. "Mr. Alexis had legitimate access to the

17th September 2013
Business

Central Bank of Cyprus probe on sale of bank securities completed

A Cyprus Central Bank report probing into the sale of securities involving the two largest banks of the island, Bank of Cyprus (BoC) and Cyprus Popular Bank (Laiki) has been completed, Central

17th September 2013
Cyprus

10 Bank of Cyprus board members get Central Bank approval

More info asked of another 6 Cyprus Central Bank Governor Panicos Demetriades said on Tuesday that ten of the new members of the Bank of Cyprus (BoC) Board of Directors have been

17th September 2013
Cyprus

CIPA presents action plan for attracting investments to Cyprus

“Invest in Cyprus; Invest in Us”, is the new logo heading an action plan by Cyprus Investment Promotion Agency (CIPA), presented, on Tuesday. In statements he made during a presentation of the

17th September 2013
Cyprus

Consumer confidence plummets in Japan whilst US stumbles in its recovery

Market Update by FXTM What can only be called a slight mishap occurred last week in the US, when unemployment claims dropped to a six year low of 292K, bewildering analysts nationwide

17th September 2013
Business

Facebook and Twitter said to be unblocked in Iran

Facebook and Twitter became widely accessible to Iranian users on Monday for the first time since 2009, when the services were blocked in the midst of widespread protests against former president Mahmoud

17th September 2013
Business

Wrecked cruise ship Costa Concordia raised off rocks in Italy

Wrecked cruise liner to be towed away for scrap  Salvage crews completed raising the wrecked Costa Concordia cruise liner on Tuesday, officials said after a 19-hour long operation on the Italian island

17th September 2013
Business
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WTI hits $75.50 amid Mideast tensions

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