Although he has vowed to fight on, Silvio Berlusconi's conviction for tax fraud has fuelled speculation that his eldest daughter Marina, head of his $6.6 billion business empire, could take his place
* MoU secures energy cost, gas pipeline * Israel, Greece and Cyprus plan to enhance their cooperation in the fields of energy and water resources that could result in cheaper electricity in
Signs of resilience in China's slowing economy on Thursday helped end a 3-day selloff in world equities prompted by talk the U.S. Federal Reserve could soon wind back its stimulus programme. China's
Sterling was firmer on Thursday, near 1-1/2 month highs against the dollar, on expectations that an improving UK economy could prompt the central bank to tighten policy sooner rather than later. A
Representatives from five law and audit firms representing major uninsured depositors have met with Central Bank Governor Panicos Demetriades to discuss their client’s say and share on the new Bank of Cyprus
The railway whose runaway train killed 47 people in Lac-Megantic, Quebec, last month filed for bankruptcy protection in Canada and the United States on Wednesday as it faces mounting pressure from authorities
Cyprus President Nicos Anastasiades has called on Israel to seriously consider committing to exporting Israeli gas from the Cyprus LNG terminal that will be ready at Vassiliko in 2018. Speaking at the
German exports rose in June, suggesting Europe's largest economy is slowly recovering after recent weakness, but imports fell, raising doubts about the strength of domestic demand on which the government is relying
Asian stocks rebounded and investors snapped up the Australian dollar after trade data out of China far exceeded expectations on Thursday, helping cheer markets worried about slower growth in Asia's economic powerhouse.
Germany's Angela Merkel plans to step down as chancellor in 2016, a year before the end of a third term, if she is re-elected in a September 22 election, according to an
