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Merkel says markets worried about euro states repaying debt

German Chancellor Angela Merkel said on Tuesday that financial markets were worried about the ability of some countries in the euro zone to repay their debt. "There is a lack of confidence

25th September 2012
Business

CYPRUS peace process set to continue after 2013 presidential elections

The UN-led Cyprus peace process, of the past five years, has not yielded the results which the UN and the Cypriot President had anticipated, both have indicated in statements in New York

25th September 2012
Cyprus

MUSIC: Gangnam Style hit doubles value of Psy’s father’s stock

A pop star whose song "Gangnam Style" became the first Korean hit to top Apple's music download charts has also worked his magic on his father's software firm, helping it double in

25th September 2012
Business

G20 deputies say central bank fix not enough for ailing economy

Central bank stimulus is not enough to fix the ailing global economy and governments must increase their efforts to boost growth, Group of 20 officials agreed on Monday. Deputy finance ministers and

25th September 2012
Business

TECHNOLOGY: YouTube-funded show makes first leap to network TV

U.S. TV network ABC will in October start broadcasting a cooking show that began as part of YouTube's "Original Channels" initiative, the first such deal to take a YouTube-funded programme to national

25th September 2012
Business

USA: White House said to plan executive order on cybersecurity

The White House is preparing to direct federal agencies to develop voluntary cybersecurity guidelines for owners of power, water and other critical infrastructure facilities, according to people who said they had seen

25th September 2012
Cyprus

CYPRUS EU Presidencys negotiating box to be basis for next MFF

The Cyprus EU Presidency`s revised negotiating box on the Multiannual Financial Framework 2014-2020 will form the basis of the final negotiations that would lead to the achievement of an agreement between all

25th September 2012
Cyprus

MARKETS: Asian shares lacklustre as growth worries weigh

Asian shares eased on Tuesday on worries about slowing global growth after Germany's business confidence fell in September for a fifth consecutive month and Caterpillar Inc, the world's largest earth-moving equipment maker,

25th September 2012
Business

ECB, Bundesbank checking legality of bond-buying programme

The European Central Bank and Germany's Bundesbank central bank are getting lawyers to check the legality of the ECB's new bond-buying programme, a German newspaper said on Tuesday. German tabloid Bild, which

25th September 2012
Business

German business mood worsens for 5th straight month

German business sentiment dropped for a fifth straight month in September, raising fears of recession, as companies struggled with a bleaker economic outlook and the European Central Bank's bond buying plan failed

25th September 2012
Business
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