* Admission into a support mechanism "not a given" * Cyprus President Demetris Christofias said on Thursday he would not follow his cabinet in resigning over a munitions blast that destroyed the
Tens of thousands of European bankers are losing their jobs in a deep trading slump that has been compounded by regulatory curbs on excessive risk — and many more will be out
* Sony Q1 profits fall 59%; Nintendo falls to 27-year low * Japan's top consumer electronic firms recovered faster than expected from the March earthquake, keeping their full-year profit forecasts despite a
House prices in England and Wales were flat on the month in June and fell 2.5% compared with a year ago, the biggest annual fall since October 2009, government data showed on
Fitch Ratings has postponed its decision on Portuguese credit standing to the fourth quarter from the end of July, giving the new centre-right government more time to implement austerity under an EU/IMF
ANALYSIS: By Fiona Mullen If I had been given a euro (or preferably a Swiss franc) in the past six months every time I was asked by friends, colleagues or journalists whether
. By Shavasb Bohdjalian Forex traders warmly welcomed the EU sumit accord, which essentially means Greece has been saved, removing the main uncertainty which had dominated the forex markets over the past
. ANALYSIS * European politicians have mishandled immigration debate * Anti-immigrant political rhetoric offers no solutions Norwegian Anders Behring Breivik said he killed 93 people to spark a "revolution" against the multiculturalism
. Yet another bastion of anti-entrepreneurship and free market obstacles has finally come down. It took a court decision last week to determine that the antiquated laws restricting sales periods for retailers
The fragile coalition government in Cyprus is headed to collapse as the junior partner is disappointed by the mainly communist government’s inability to deal with a major energy, financial and political crisis.
