. ANALYSIS By Alan Wheatley, Global Economics Correspondent, Reuters Greece's exit from the euro zone would inflict untold damage on Europe's economy, further burnish the attractiveness of a rising Asia and hasten
* Cyprus club collects first 800,000 euros * Two goals in three minutes by Gustavo Manduca and Ailton allowed APOEL Nicosia to snatch a 2-1 win over Zenit St Petersburg in its opening Champions
Moody's Investors Service cut the credit ratings of France's Credit Agricole SA and Societe Generale on Wednesday, citing their exposure to Greece's debt, a fresh blow to euro area leaders struggling to
— THE FINANCIAL MIRROR CONSENSUS FORECASTS — * 2011: 0.4% growth / 2012: 1.3% growth * This week we launch the first of our Financial Mirror Consensus Forecasts, with five well known
* No other euro zone talks * Russia is in the process of negotiations on a loan for cash-strapped Cyprus, Interfax news agency quoted Finance Minister Alexei Kudrin as saying. However, he
Hong Kong stocks slumped on Wednesday pushing the benchmark to its lowest level in more than two years as some outperformers were hit by profit-taking, with funds seeking to lock in gains
European stock index futures fell on Wednesday following an equity sell-off in Asia, where some regional indexes hit lows last plumbed in 2009, on persistent fears that Europe's sovereign debt problems are
President of the Republic Demetris Christofias on Tuesday called on the international community to respond “to any possible unlawful act” by Turkey regarding Cyprus’ right to start oil and gas exploration in
Victims of sexual abuse by the clergy want the International Criminal Court to investigate Pope Benedict and three Vatican officials for allowing the rape and sexual abuse of children. The New York-based
International alarm over Europe's debt crisis reached new heights on Tuesday, with U.S. President Barack Obama pressing the bloc's big countries to show leadership as talk of a Greek default escalated and
