OTE, the biggest telecoms company in southeastern Europe, on Thursday reported a bigger-than-expected profit for the second quarter, but said no sales growth was expected soon in its recession-hit Greek home market.
Coca-Cola Hellenic , the world's second-largest bottler of Coca-Cola soft drinks, said tough economic conditions and a hike in input costs such as sugar and aluminium prices hit second quarter profit. The
Greece hopes to have completed all procedures for a new debt rescue deal, including a bond swap with private creditors, by early October, its finance minister said on Wednesday. Euro zone leaders
Russian Prime Minister Vladimir Putin accused the United States Monday of living beyond its means "like a parasite" on the global economy and said dollar dominance was a threat to the financial
* Google+ is fastest site to reach 25 mln visitors * Facebook, Twitter took much longer to reach that size * Fast growth early may not mean long-term success * U.S. users
* Resignation threatens to derail peace talks * The junior partner in Cyprus's two-party coalition quit the government on Wednesday, making consensus on much-needed fiscal reforms more difficult and potentially complicating
Greek bank shares fell to a more than 15-year low on Wednesday, giving up the bounce seen after a second bailout by the euro zone last month. Financial markets dropped on Wednesday
U.S. crude fell to near a five-week low on Wednesday after ratings agency Moody's assigned a negative outlook to the United States, stoking concern that demand may fall as the world's top
Hong Kong shares tumbled on Wednesday for a second straight session as turnover spiked after more weak data from the United States on Tuesday compounded global growth concerns. The Hang Seng Index
Security experts have discovered the biggest series of cyber attacks to date, involving the infiltration of the networks of 72 organizations including the United Nations, governments and companies around the world. Security
