The outlook on the banking system of the United Arab Emirates remains negative as a result of the country's weak operating environment and the significant challenges facing the emirate of Dubai in
Gains in banks and commodity stocks helped push Britain's top share index higher in early trade on Wednesday, as cautious optimism on the outlook for euro zone debt saw investors buy riskier
World stocks hit a one-month high on Wednesday and the euro briefly hit a two-week peak as strong gains on Wall Street and the relative success of this week's European debt auctions
Britain can eliminate all its carbon emissions by 2030 by overhauling its power supply, national diet and transport, a report by the UK's Centre for Alternative Technology said on Wednesday. The blueprint
The European Commission on Wednesday denied a report that the European Union, the IMF and the U.S. Treasury were drawing up a liquidity plan for Spain including a credit line of up
Credit rating agency Fitch sees a break-up of the euro zone as a "remote risk" and not one of its most likely scenarios, a Fitch director said on Wednesday. "It's not our
New British finance minister George Osborne looks set to announce on Wednesday sweeping new powers for the Bank of England to police the financial sector and prevent another credit crisis. In his
The euro steadied near a two-week high against the dollar on Wednesday, as investors in Asia hesitated to chase its short-covering rally further, while higher yielding currencies stalled after rallying alongside stocks.
Russia is amongst the largest foreign investors in Cyprus, Minister of Commerce, Industry and Tourism Antonis Paschalides has said. Addressing Tuesday the Moscow Business Forum, in Russia, the Minister said that the
Cyprus Airways (CA), Cyprus' national carrier, received a new Airbus A320, as part of a planed fleet renewal. Cyprus Airways announced that the new Airbus, the third A320 CA received this year,
