The gap between northern and southern euro zone economies will continue to widen for another three years, European Central Bank policymaker Ewald Nowotny said on Tuesday, adding that rising oil prices were
Turkey's Global Investments Holding is eyeing energy and infrastructure investment opportunities in neighbouring Greece, hit by a debt crisis, with a priority given to port operations. "As Global Investments Holding, we are
* Escapes gov’t support; 240 mln rights to strategic investors * The Bank of Cyprus raised 594 mln euros in fresh funds from the exercise of a rights issue and the conversion
* Aims for balanced budget by 2016/17 * * Royal Mail pension assets to help 2012/13 deficit * * Growth may nudge higher, Queen's Jubilee to weigh * British government borrowing next
Following is a selection of measures discussed ahead of Chancellor George Osborne's annual budget statement to parliament: 50 PENCE TAX RATE Osborne has been facing growing calls from within his own Conservative
BY MICHELE KAMBAS Athanasios Orphanides' days at the European Central Bank appeared numbered on Friday after he lost his only ally in a hostile government that will decide by April 30 if
A major 7.6 magnitude earthquake struck 120 miles east of Acapulco on Mexico's Pacific coast, the U.S. Geological Survey said on Tuesday. The USGS located the epicenter of the quake at
Whether or not money can buy happiness, people worldwide seem to think it can, at least according to a new poll that canvassed respondents in two dozen countries. Nearly two-thirds of about
The Italian government on Tuesday called a confidence vote in the lower house of parliament to speed the final passage of measures to deregulate the service sector that Prime Minister Mario Monti
** Public sector grows as percent of employment ** The number of civil servants rose in 2011 according to the latest data from the Statistical Service, despite a former finance minister’s declarations to
