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Hong Kong Disneyland hopes for expansion magic

With a new theme area that makes guests feel as if they're being shrunk to the size of a toy, Hong Kong Disneyland hopes to boost the number of visitors to a

18th November 2011
Cyprus

Merkel and Cameron to discuss clashing euro views

Angela Merkel and David Cameron will try to resolve clashing views on the euro crisis on Friday with London accused of being selfish for opposing a tax on banks and Berlin touching

18th November 2011
Business

Media to play a key role during Cyprus EU Presidency

Members of the press could serve as important partners in our effort to have a successful Cyprus’ EU Presidency the second half of 2012, Deputy Minister to the President for European Affairs

18th November 2011
Cyprus

Asian shares fall on fears over Europe fund tightness

Asian shares fell for a fourth day in a row on Friday as Europe's funding difficulties intensified, with Spanish borrowing costs hitting an unsustainable level and premiums for dollar funds rising further.

18th November 2011
Business

ABN AMRO makes Q3 loss on 500 mln Greek writedown

Dutch state-owned bank ABN AMRO on Friday slumped to a third-quarter loss due to a 500 million-euro writedown on Greek corporate loans and bonds. "Uncertainty as a result of the sovereign debt

18th November 2011
Business

UK banks sharply cut lending to periphery eurozone

Britain's banks have shrunk their lending exposure to peripheral euro zone counterparts by a quarter in just three months, the Financial Times reported on Friday. According to data compiled by the newspaper,

18th November 2011
Business

Italy unveils broad reforms, France, Spain squeezed

Italy's new government has announced far-reaching reforms in response to a European debt crisis that on Thursday pushed borrowing costs for France and Spain sharply higher, and brought tens of thousands of

18th November 2011
Business

Greek debt swap may shrink 2012 budget gap

Greece's 2012 budget plan will forecast a budget deficit of 5.4% of GDP if a planned debt swap to reduce the country's debt maintenance costs goes ahead, state radio reported on Friday,

18th November 2011
Business

Spanish, French borrowing costs climb, contagion builds

Spain and France struggled with government bond auctions on Thursday, throwing into sharp relief the threat of larger euro zone economies succumbing to the debt crisis that began in Greece and is

17th November 2011
Business

Greece has 60 bln euros in unpaid taxes

Greece has 60 bln euros ($80 bln) in unpaid taxes because of tax avoidance and lack of compliance, a report by the European Commission's task force on Greece said on Thursday. The

17th November 2011
Business
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