U.S. President Barack Obama's administration sees the restoration of the Gulf Coast after the BP oil spill as a national priority and the president should not be blamed for the disaster, Secretary
Eurozone buoyant but recovery two-speed A leap in German industry output over the second quarter and a moderate rise in Italian economic growth added on Friday to evidence the euro zone
British taxpayers are sitting on a 3.5 billion pound ($5.6 billion) paper profit on its stakes in Royal Bank of Scotland and Lloyds after both swung back to profit, driving their shares
London taxis, with their friendly drivers who actually know where they are going, are ranked best in the world, according to an annual taxi poll. The survey by travel website hotels.com found
The rate of inflation in July 2010 rose to 2.6% compared to 1.9% in June 2010 and a negative rate of inflation of -0.8% in July 2009. According to the data released
Cyprus and Albania signed an agreement for the promotion and mutual protection of investments. The agreement was signed by Cypriot Foreign Minister Marcos Kyprianou and Albanian Deputy Prime Minister and Minister of
The Bank of England kept interest rates at a record-low 0.5 percent on Thursday, a decision which was no surprise to economists but probably conceals a vigorous debate about whether Britain is
Greek Finance Minister George Papaconstantinou said that the country has secured all tranches of an EU/IMF loan -worth 110 billion euros. Speaking to reporters, after completion of a 10-day inspection visit by
Moody's Investors Service has changed the outlook on Kuwait's Aa2 sovereign ratings to stable from negative prompted by improved government effectiveness reflected by parliament's approval of some long-awaited items of economic legislation;
Marfin Popular Bank <MRBr.AT>, Cyprus's second-largest lender, said on Thursday it issued a new series of covered bonds totalling 1.0 billion euros ($1.3 billion) to be used as collateral for funding from
