Culture and Tourism deputy minister George Nikitiadis held a series of talks in Moscow on Monday with Russian tourist authorities as part of the ministry's revamping of its strategy and effort to
. Germany will not agree to global supervisors' proposals to beef up banking capital and liquidity until they take into account the needs of its public banking sector, officials said on Tuesday.
European shares rose to a five-week closing high on Tuesday as strong results from UBS boosted banks, but more than half the market's early gains were erased after data showed a drop
Oil prices fell by more than 2% on Tuesday, reversing an earlier rally, after data showed U.S. consumer confidence plunged to the lowest level in five months, prompting investors to sell off
Job worries drove July U.S. consumer confidence to its lowest since February, with one in six people expecting lower income in the next six months, underscoring the precarious state of economic recovery.
BP's newly named chief executive on Tuesday called the Gulf oil spill a "wake-up call" for the entire industry as the company tallied up its losses and disclosed two U.S. investigations. Bob
One of the closest aides to Cyprus President Demetris Christofias quit on Tuesday after it emerged that a member of his staff had tried to intervene in army appointments, the government said.
Alpha Bank, Greece's third-largest lender, said on Tuesday it sold a 1 bln euro ($1.29 bln) covered bond to boost liquidity. "The covered bond may be pledged with the European Central Bank
Greek bank stocks were up sharply on Tuesday, continuing Monday's rally with brokers citing merger talk and low valuations as the main drivers. "What's driving the rise is the fact that Greek
World stocks hit a 2-1/2 month high on Tuesday while the euro held near a two-month peak versus the dollar as upbeat results from Swiss bank UBS added to a recent run
