After 14 hours of negotiations, the EU Finance Ministers, under the Presidency of Cypriot Minister of Finance Vasos Shiarly, reached a deal as regards the establishment of a Single Supervisory Mechanism (SSM)
* Cyprus moves up 4 places in World Bank ranking, but is it enough? * ‘+’ Faster property registration ‘-’ Paying taxes, construction permits Cyprus has moved up four places in the
British singer Adele notched another accolade on Thursday as iTunes announced that her Grammy-winning album "21" was the top-selling record of 2012 in its U.S. store, extending the disc's successful run almost
Asian shares were mixed on Friday with a pick-up in China's manufacturing sector lending support but worries over the progress of U.S. budget talks to avert the "fiscal cliff" weighing on investor
European leaders agreed to press on with further steps to shore up their finances and sustain momentum in tackling the debt crisis on Friday, a day af ter clinching a deal on
With the pressure off after finance ministers clinched a significant agreement on a single banking supervisor, European Union leaders differed widely at a summit on Thursday over the next steps for their
The EU needs to quickly push through the next phase of its banking union, following a landmark agreement on the first stage towards a more pooled sovereignty, ECB President Mario Draghi said
The China release of its iPhone 5 on Friday should win Apple Inc some respite from a recent slide in its share of what is likely already the world's biggest smartphone market,
More than a million migrant workers in Thailand, most of them from Myanmar, face being deported after a deadline for getting work permits passes on Friday, a potential threat to industry and
President of the Republic of Cyprus Demetris Christofias has expressed disappointment with the stance of the International Monetery Fund and the Eurogroup. Invited to comment on the IMF and the Eurogroup, President
