European shares surrendered most of their early gains on Wednesday, with cyclical shares losing ground, as expectations grew that this week's European Union summit will not deliver bold steps to resolve the
The US is not making any additional commitments, as far as the IMF is concerned, White House Press Secretary Jay Carney has said. Asked if there is any concern that IMF commitments
The Cyprus Telecommunications Authority (Cyta), the major telecommunications provider on the island, with half a century’s presence, has assured that it will provide efficient services during the six-month Cyprus EU Presidency. These
The amount Cyprus will be asking as financial assistance from the EFSF/ESM has not yet been determined, according to Cyprus Finance Minister Vassos Shiarly, who has said that the size of the
The island of Cyprus is not for sale, President of Cyprus Demetris Christofias, underlined Tuesday, replying to a question after today’s meeting with the political parties on the economy. “Cyprus island is
Holders Spain will be given their sternest Euro 2012 test yet against Iberian rivals Portugal and their in-form forward Cristiano Ronaldo in the first semi-final later on Wednesday. All eyes will be
A U.S. judge on Tuesday granted Apple Inc's bid t o stop Samsung Electronics from selling its Galaxy Tab 10.1 tablet in the United States, giving the iPhone maker a significant win
Five of the biggest banks in the United States are putting finishing touches on plans for going out of business as part of government-mandated contingency planning that could push them to untangle
Finnish Prime Minister Jyrki Katainen sounded almost apologetic a year ago when he demanded collateral in exchange for bailout funds for Greece. It was the first time the Finns, who have prospered
Egypt's new president has a window of opportunity to pull the economy from the brink of disaster, but he will have to chart a careful path to convince a host of deeply
