Drugmakers are counting the cost of the deepening euro zone crisis, with further austerity-driven price cuts expected in important European markets, including Italy and France. Growing alarm at multiple government-imposed cuts prompted
Cyprus places great importance both on sustaining its current tourist markets as well as on reaching out to new ones, Minister of Commerce, Industry and Tourism, Praxoula Antoniadou has said. Speaking at
Italian borrowing costs reached breaking point on Wednesday after Prime Minister Silvio Berlusconi's promise to resign failed to raise optimism about the country's ability to deliver on long-promised economic reforms. Italian 10-year
Expecting mothers in South Korea have inundated hospitals with requests for a Caesarean section delivery on Nov. 11 to secure the unique life-long identity number of "111111" for their children, media reported
– Coalition negotiations far from over – Parties looking beyond Papademos for new PM – EU Court of Justice head tipped as possible candidate Greek political leaders will announce a new coalition government
A plan for former European Central Bank vice-president Lucas Papademos to lead a Greek government of national unity has run into trouble, party sources said on Wednesday, prolonging political hiatus as the
European shares looked set to follow Asian equities higher on Wednesday and the euro steadied after Italian Prime Minister Silvio Berlusconi said he would resign, raising hopes the debt-ridden country would proceed
Italy looks set for lengthy political uncertainty after Prime Minister Silvio Berlusconi's pledge to resign, with his centre-right party calling for elections and the main opposition for a national unity government. After
China's annual inflation rate fell sharply in October to 5.5% in a further pullback from July's three-year peak, giving Beijing more room to fine tune policy to help an economy feeling the
Losses on securities investments at the core of a scandal rocking Japan's Olympus Corp may have once exceeded $1 billion, the Nikkei newspaper said on Wednesday, as the firm's share price plunged
