One more European Council meeting will take place in November during the Cyprus EU Presidency. Spokesman of European Council President Herman van Rompuy said that a meeting of the EC will take
Discussions between the Troika (Commission, ECB, IMF) with the Cypriot authorities to provide financial support to Cyprus have achieved some progress, while consultations still continue, European Commission Spokesman Simon O’ Connor said
EU regulators will allow Universal Music Group to go ahead with its $1.9 billion takeover of EMI after Universal offered to sell global rights to EMI's most valuable record labels and catalogues,
The Middle East will be an important growth area in coming years for investment banks, including Barclays, as local wealth funds put their oil dollars to work buying European assets, a senior
Germany's Constitutional Court holds the fate of the euro in its hands when it rules next week on whether a crucial euro zone financial rescue fund can go ahead. A negative ruling,
European shares advanced on Monday, in light trade, bolstered by mounting expectations that central banks will take action to boost flagging economies after the release of weak factory data, in the run-up
Armenia said it was suspending diplomatic relations with Hungary on Friday because it had allowed an Azeri soldier who killed an Armenian officer in 2004 to return home, where he was
When environmental engineer John Feighery got an internship at NASA in the 1990s, he wanted to be an astronaut but he was given a job working with a team designing the U.S.
Europe's volume carmakers are returning from summer breaks with their sleeves rolled up, ready to shut plants and lay off staff in what many see as an overdue push to cut costs
Communication and Works Minister Efthymios Flourentzou has said here on Monday that the Ministry aims not just to maintain Cyprus´ leading role in the world shipping, but to further develop and upgrade
