* But may need over EUR 2 bln by June 2012 * The two biggest Cypriot banks, Bank of Cyprus (BOC) and Marfin Popular Bank (MPB), will need to find EUR 300
Nokia unveiled two sleek new Microsoft Windows phones on Wednesday in time for Christmas, a first step in the ailing cellphone maker's fightback against Apple and Google . Chief Executive Stephen Elop
Riskier assets across the board from equities to oil and the euro rallied on Thursday after European leaders agreed to boost the region's rescue fund and struck a deal on a 50%
* European banks to be recapitalised; Italy promises pension reform * Euro zone leaders struck a deal with private banks and insurers on Thursday for them to accept a 50% loss on
A deal that imposes 50% losses on private sector bondholders means Greece's debt burden will be sustainable, Prime Minister George Papandreou said on Thursday. Greece will produce no more primary budget deficits
Japan's Olympus Corp on Thursday stuck to its defence of deals that have come under fire since the firm axed its British CEO in a bitter boardroom battle, insisting the acquisitions were
Few economists have been as spectacularly wrong as Thomas Malthus, who predicted in 1798 that unchecked population growth would doom the Earth to starvation. As the number of people on the planet
Women who eat a Mediterranean-style diet — high in fruits, vegetables, fish and whole grains — are less likely to have trouble getting pregnant, hints a new study from Spain. The findings
A flare-up over the European Central Bank and political turmoil in Italy kept the euro zone on edge on Tuesday on the eve of a summit meant to confront the currency bloc's
Prospects for a comprehensive deal to resolve the euro zone debt crisis at a summit on Wednesday look dim, with deep disagreement remaining on critical aspects of the potential agreement, including how
