Greece will be stuck in recession for a fourth consecutive year in 2012, it's finance minister said on Thursday, revising previous government estimates that the downturn would bottom out this year. The
Barring further political hiccups, the euro zone's bailout fund will take over the task of buying distressed euro zone debt by the end of October, bringing with it new risks for governments
Britain is releasing a further 600 million pounds' ($944) worth of Libyan assets, a spokesman for Prime Minister David Cameron's office said on Thursday. "We are unfreezing their assets. They need to
BlackBerry maker Research In Motion plans to open doors for its key corporate customers using a decade-old technology most in the smartphone industry eye as a way to turn phones into wallets.
Turkish Prime Minister Tayyip Erdogan said on Thursday Israel could not do whatever it wanted in the eastern Mediterranean and that Turkish warships could be there at any moment. "Israel cannot do
Director Roman Polanski is to collect an award from the Zurich Film Festival intended for him in 2009, when he was arrested en route to the ceremony on charges related to a
The international economy suffers losses amounting to 12 billion US dollars annually due to piracy at sea, an increasing problem especially in the Western Africa coasts. President of the Cyprus Shipping Chamber
Stock markets rose for a third day on Thursday and the euro steadied, helped by signs that euro zone leaders are committed to keeping Greece afloat for now. European markets rose by
* Trader lost money in unauthorised positions * Trader arrested in London early on Thursday * UBS says might make third-quarter loss * UBS shares down 5.5 percent * Deals blow to
– Peruvians, 5 Spaniards among 23-member crew – Spain trying to locate vessel, negotiate its release A Cyprus-flagged tanker hijacked off the coast of Benin in West Africa on Wednesday is Spanish-owned and
