Greece's president spoke of "fear that could develop into panic" at the country's banks in the weeks before fresh elections that could precipitate Athens exit from the euro zone. Greeks are withdrawing
Facebook Inc will increase the size of its initial public offering by 25 percent, a source familiar with the matter said, and could raise as much as $16 billion as strong investor
Greece abandoned a nine-day hunt for a government on Tuesday and called a new election that may hand victory to leftists who might cut the nation's financial lifeline, pushing it closer to
New French President Francois Hollande and German Chancellor Angela Merkel acknowledged differences on Tuesday over how to boost growth in recession-plagued Europe, but pledged to work together on a joint approach in
Asian shares fell more than 3%, the biggest one-day drop in six months, and the dollar rose broadly on Wednesday after efforts to form a new government in Greece collapsed, fuelling fears
Audi AG announced that it has acquired from Investindustrial Group the Italian sports bike maker Ducati Motor Holding S.p.A., known worldwide as a leading brand in motorcycle manufacture and racing, with outstanding
The trade deficit in Cyprus shrank by 14.8% over the year earlier to EUR 1.05 bln in the first three months of the year according to preliminary figures. Total imports tumbled by
The Cyprus economy contracted for the third straight quarter in the first three months of the year, according to the flash estimate compiled by the Statistical Service on Tuesday. Compared with the
The euro zone's sick economy probably slipped into its second recession in just three years in early 2012, data is due to show on Tuesday, as the debt crisis sucks southern Europe
The leader of JPMorgan Chase & Co's hedging unit is retiring after trading losses that could end up exceeding $3 billion, a shortfall that President Barack Obama said might have led the
