Euro zone inflation fell more than expected in January in a sign that companies were cutting prices to entice shoppers at a time when joblessness remained at a record level at the
US investment consultant firm Pimco will deliver today its final report on the due diligence review of the Cypriot financial sector. Pimco was commissioned to carry out a due diligence review of
A powerful explosion rocked the Mexico City headquarters of state-owned oil giant Pemex on Thursday, killing at least 25 people, injuring more than 100 and trapping others inside. The mid-afternoon blast in
Russia's top financial diplomat said the Group of 20 should focus on making new commitments to curb borrowing, and not rush to judge Japan's bid to reflate its economy when policy makers
Denmark is facing its "Nokia moment"; drugmaker Novo Nordisk has ballooned into a $100 billion giant, dominating its home stock market just as the Finnish firm did at the height of the
The euro hit a fresh 14-month high on Friday as investors returned to the region's riskier asset markets, while shares steadied ahead of a batch of major U.S. and European economic data.
Cyprus stands ready to undergo any inspection on its anti money laundering legal framework, Finance Minister Vassos Sharly told Dutch lawmakers, adding that Cyprus has nothing to hide. Sharly, accompanied by representatives
Recapitalization of Cyprus banks according to baseline scenario, says government Nicosia, Jan 31 (CNA) – The recapitalization of Cyprus banks should be done according to the baseline scenario of Pimco’s due diligence
Archbishop of the Church of Cyprus Chrysostomos II has stated that the monastery of Apostolos Andreas will be restored according to a study prepared by the University of Patra, and “nobody can
The New York Times said on Thursday that Chinese hackers had "persistently" attacked its computers over the past four months since the paper published a story on Premier Wen Jiabao, but sensitive
