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F1: Bahrain reinstated, India to end season

The Bahrain Formula One Grand Prix, postponed in March due to violent civil unrest, will go ahead on October 30 with India moving to the end of the season, the governing FIA

3rd June 2011
Cyprus

Mexican drug war scares U.S. teens off smuggling

Police in the U.S. border city of El Paso can thank criminals in Mexico for ridding them of one serious problem — teenage drug smuggling. Extreme drug war violence in the neighboring

3rd June 2011
Cyprus

U.S. employment growth slows sharply in May

U.S. employers hired far fewer workers than expected in May and the jobless rate rose to 9.1%, raising concerns the economy might be stuck in a painful slow-growth mode. Nonfarm payrolls increased

3rd June 2011
Business

Paraskevaides, Pittas, Ambrosiadou wealth equal to 5% of Cyprus GDP

 * 300 Greek millionaires share €52 bln fortune * Construction and energy tycoon Efthyvoulos Paraskevaides, pharmaceuticals manufacturer Andreas Pittas and hedge fund manager Elena Ambrosiadou are the three wealthiest people in Cyprus,

3rd June 2011
Cyprus

Shacolas eyes Hermes airport casino in Cyprus

 * €200 mln project at Larnaca airport to lure Russians, Israelis * Nicos Shacolas, one of the smartest entrepreneurs in Cyprus who is known to turn everything he touches to gold, is

3rd June 2011
Cyprus

Turkish general jailed over plot, more than 200 accused

Turkey's Air Force Academy commander was jailed early on Friday with three other officers charged with seeking to overthrow the government in a 2003 plot in which more than 200 officers are

3rd June 2011
Cyprus

Greece presents austerity plan to EU, markets ease

The prospect of a second bailout for debt-stricken Greece assuaged market fears of default on Friday as the country's prime minister flew to Luxembourg to present plans for deeper austerity measures. Prime

3rd June 2011
Business

Britain unveils historic and hip government art

Lowry's lonely people, Tracey Emin's scrawlings and a mysterious portrait of Elizabeth I are just a few of the gems from the British government's art collection unveiled to the public for the

3rd June 2011
Cyprus

Stocks slip; euro steady before US jobs data

 * Brent crude falls more than $1 on U.S. growth jitters * European shares and U.S. debt yields slipped while the euro hovered near one-month highs against the dollar on Friday before

3rd June 2011
Business

Hackers attack another Sony network, post data

 * Lockheed Martin, Google also victims of cyber war * Hackers broke into Sony Corp's computer networks and accessed the information of more than 1 mln customers to show the vulnerability of

3rd June 2011
Business
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Markets complacent over Iran, wider global risks

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Ceasefire sinks dollar

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