Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 fell 0.2 to 0.3 percent at 4:54 a.m. ET, pointing to a weaker start on Wall Street on
President Nicolas Sarkozy slammed his fist on the table and threatened to pull France out of the euro at a meeting of European leaders deciding Greece's aid package last Friday, according to
Britain's top shares fell sharply on Friday as investors turned to safe havens such as the dollar and gold and out of banks, miners and commodity-linked stocks, fearing euro-zone debt problems will
Greece's tourism revenues are likely to fall 7-9 percent this year, making it even harder for the debt-choked country to pull itself out of a crisis that has rocked markets worldwide, a
The budget deficit in Cyprus almost halved to EUR 76.5 mln in the first quarter of 2010, from EUR 137.7 mln in the first quarter of 2009, according to preliminary data on
The trade deficit expanded in January-February according to the monthly report “Intra-Extra EU Trade Statistics (Summarised Data)” published by the Statistical Service. The main developments in Cyprus foreign trade were as follows.
The number of U.S. workers filing for jobless benefits fell only slightly last week, suggesting the unemployment rate will remain elevated even as recovery in the labor market becomes entrenched. Initial claims
Portugal will raise taxes and cut wages of top public servants, it said on Thursday, following on the heels of similar austerity moves in Spain and a $1 trillion European safety net
A trillion-dollar financial safety net and plans for government spending cuts have dramatically reduced the risk that Greece, Portugal and Spain will run into funding problems over the next 18 months. But
Money market funds saw net inflows for the first time since January on uncertainty about euro zone stability, while global bond funds had net outflows for the first time in more than
