The euro neared a one-week high against the dollar and European bond markets steadied on Thursday as investors awaited an Italian debt sale that will show whether concerns over Spain are spreading
A magnitude 7.1 earthquake struck 93 miles west of La Dolce in Sonora, Mexico, on Thursday at a depth of 6.2 miles, the U.S. Geological Survey said.
Greece called a snap election for next month on Wednesday, launching a campaign that may produce no clear winner and threaten implementation of the international bailout plan that saved the nation from
It was nothing like December 2004. Sirens wailed, warnings blared and police moved people away from coastlines around the Indian Ocean as a powerful earthquake off northern Indonesia sparked fears of another
British mother and baby products retailer Mothercare said it would close more UK stores as it seeks to restore profitability in its home market, after sales there slumped in the fourth quarter.
Sony Corp said it is to cut around 10,000 jobs – 6 percent of its global workforce – as new CEO Kazuo Hirai moves to reduce costs and staunch huge losses at
Cypriot Minister of Commerce, Industry and Tourism Neoclis Sylikiotis has stressed the prospects of supplying Europe with natural gas. “The finding of natural gas resources in Cyprus’ Exclusive Economic Zones creates the
Cypriot economist and Nobel-Prize Winner Christoforos Pissarides has stressed that new investments are needed to revive the economy and achieve economic recovery and growth. In an interview with CNA, Pissarides underlined the
Following is a look at some the major disasters, man-made and natural, to hit Indonesia since the Asian tsunami of 2004 as a 8.6 magnitude earthquake struck off the coast of Indonesia
Greece reopened on Wednesday the Bronze Age site of Akrotiri on the tourist island of Santorini, seven years after its roof collapsed, killing a British visitor. Known as the "Pompeii of the
