"Don't worry, we won't bring communism to Cyprus…" Cyprus blamed the decision to restructure Greece's debt for destroying its own economy on Friday, and defended its right to seek financial assistance from
The College of Commissioners was assured today by President Demetris Christofias that Cyprus will exercise a thoroughly European Presidency. During his intervention at the plenary meeting between the Cyprus Presidency of the
Soaraway sales of the Galaxy smartphone drove record quarterly profit of $5.9 billion at Samsung Electronics, though the South Korean tech giant is sweating over how Europe's debt crisis is denting demand
Asian shares slipped on Friday despite new stimulus steps taken by three major central banks, as sentiment stayed cautious with the focus now on U.S. jobs data due later in the day.
French bank Societe Generale has cut its funding line to local Greek unit Geniki and is studying possible exit strategies from the recession-wracked Greek economy, analysts who met with SocGen's Chief Financial
* Country on the brink of taking EU/IMF bailout * Cyprus's president played up his close ties with Russia on Thursday, saying he was hoping to secure more financial support from Moscow
Greece conceded on Thursday it had slipped "in some respects" in implementing the cuts and reforms demanded by lenders in exchange for saving Athens from bankruptcy, and tried to persuade them to
* VW shares indicated up 2.3 pct, Porsche SE seen up 7.8 pct * VW to pay 4.46 bln euros, one common share * Deal to boost VW full-year result by over
A rally in Asian shares fizzled out on Thursday as markets marked time before the European Central Bank's policy decision later in the day, with the euro staying pressured by widespread expectations
Greece's co-ruling Socialists hit out at British Prime Minister David Cameron on Wednesday, accusing him of insulting Athens by saying Britain could restrict the immigration of Greeks and citizens of other struggling
