Stock futures signal dip; eyes on UPS

Stock index futures pointed to a lower open on Wall Street on Thursday, with futures for the S&P 500 down 0.3 percent, Dow Jones futures down 0.2 percent and Nasdaq 100 futures

Cyprus to define its space policy program

Cyprus is actively supporting all efforts concerning the use of space related technologies and applications, said Thursday Minister of Communications and Works, Erato Kozakou-Markoullis. Addressing the International Conference “Space Applications for Cyprus

Strong Chinese GDP growth backs tightening case

China chalked up unexpectedly strong annual growth of 11.9 percent in the first quarter, prompting renewed calls for tighter policies to prevent the economy from overheating and stoking speculation of when Beijing

European shares edge higher

European shares edged higher at midday on Thursday, with drugmakers rising after sales at Roche beat forecasts, though gains were capped by weaker mining stocks. At 1057 GMT, the pan-European FTSEurofirst 300

Turkish Cypriot leader disappointed with EU

Turkish Cypriot leader Mehmet Ali Talat is disappointed with the European Union for using Cyprus as an argument against Turkey's possible accession to the 27-nation bloc, he told an Austrian newspaper on

US Retail sales surge, inflation pressures muted

Sales at U.S. retailers rose more strongly than expected in March, pointing to a broadening of the manufacturing-led economic recovery as inflation pressures remained muted. The Commerce Department said on Wednesday total

US Futures add to gains after retail data

U.S. stock index futures added to gains on Wednesday after data showed retail sales rose more than expected, bolstering hopes about consumer spending. S&P 500 futures gained 6.20 points, while Nasdaq futures