Greece's EFG Eurobank is close to a deal to sell its 70% stake in Turkish unit Tekfen to Kuwait's Burgan Bank, it said on Thursday. While Greek banks are selling assets to
Yahoo Inc will lay off 2,000 people, or 14% of its workforce, in its deepest round of job cuts in years as new Chief Executive Scott Thompson tries to jumpstart growth with
The Cuban government plans to shake up two underperforming ministries and broaden a project to turn state businesses over to employee cooperatives, state television reported. The Ministry of Agriculture and the Ministry
Japan's government is racing to get two nuclear reactors, idled after the Fukushima crisis, running again by next month out of what experts say is fear that a total shutdown would make
Key ship insurer the China P&I Club will halt indemnity coverage for tankers carrying Iranian oil from July amid tightening Western sanctions against OPEC's second largest producer, two club officials told Reuters
* Mourinho: "Theirs is the biggest achievement" * Real Madrid completed an 8-2 aggregate thrashing of APOEL Nicosia on Wednesday that is unlikely to have taught Bayern Munich very much that
Asian shares fell on Thursday after a dismal Spanish bond sale heightened concerns about funding difficulties for weaker euro zone countries, further undermining sentiment hurt by fading expectations of more stimulus from
Former and current managers of Greece's dominant electricity utility PPC have been charged with fraud involving sums of money handed over to Public Power Company's labour union over the past decade, court
Real Madrid will give APOEL Nicosia the respect they deserve by fielding a strong team in Wednesday's Champions League quarter-final second leg at the Bernabeu despite holding a healthy 3-0 advantage, said
* Shiarlis pledges to meet 2012 budget deficit of 2.5-2.7%; * Will take further corrective action if needed; * Financial needs for 2012 met by Russian loan * Cyprus Finance Minister Vasos
