European bankers and politicians leapt to defend the region's banks on Thursday, rejecting an International Monetary Fund (IMF) estimate that they need 200 billion euros ($290 billion) in new capital to reflect
Ousted Libyan leader Muammar Gaddafi is believed to be in the desert town of Bani Walid about 150 (95 miles) southeast of Tripoli, a top military commander of Libya's National Transitional Council
Chinese and Indian workers are more likely to skip off work under the false pretence of illness than their French and Mexican counterparts, a new study showed. The Kronos Global Absence survey
Prostitutes in the German city of Bonn must carry a ticket purchased from a new parking meter-like machine while working the streets or face hefty fines from tax authorities in a scheme
Cyprus Energy Regulatory Authority (CERA) approved Wednesday an extraordinary increase of 8% (6.96% plus VAT) to the final bill of all consumers of the Electricity Authority of Cyprus (EAC). Head of CERA
Single-screen S tablet costs $488 and $599, same as iPad Sony's new tablet computers failed to excite gadget reviewers and analysts who criticised the pricing and quality of the devices, underscoring the
France has got approval to release 1.5 billion euros ($2.16 billion) of Libyan assets to help the country's interim ruling council rebuild the country, French Foreign Minister Alain Juppe said on Thursday.
* VAT hike to 17% expected in September * Parliament approved on Friday the Cyprus government’s first package of austerity measures aimed wrestle down its high deficit, which politicians said had
* BOCY impact on equity €20 mln; MPB €56 mln; HB €23 mln * The island’s two main banks, Bank of Cyprus and Marfin Popular, have taken a hit in their first
* Judge upholds island’s reputation as being safe for IP rights * A landmark case being heard in Limassol District Court reached its conclusion last week, whereby Vincent Pfister (photo at left),
