The economic crisis has made Cypriots to worry more about the cost of living in Cyprus, their purchasing power, the economic situation of the country and the unemployment rate, according to the
European Commission President Jose Manuel Barroso expresses his conviction that Greece will achieve a correction of its budget deficit within the timetable set and, in a written statement issued here on Tuesday
Prime Minister George Papandreou, addressing the Greek people on Tuesday evening after holding meetings with political party leaders at the Maximos Mansion during the day, announced new measures to tackle the economic
Asian shares powered ahead on Wednesday with energy and resources stocks leading the way, as demand for riskier assets increased after Wall Street rallied on upbeat U.S. earnings and economic data. European
United Parcel Service Inc, the world's largest package delivery service, on Tuesday said it expected a sharp increase in earnings in 2010 as the U.S. economy improves. UPS said it expected 2010
European shares extended gains in afternoon trade on Tuesday, led by the banking sector ahead of White House adviser Paul Volcker's congressional testimony. By 1441 GMT, the pan-European FTSEurofirst 300 index of
Pending sales of previously owned U.S. homes edged up as expected in December, a survey showed on Tuesday, which should help to calm fears of renewed weakness in the troubled housing sector.
Greece warned on Tuesday its fiscal troubles were part of a wider euro zone problem, with Spain and Portugal next in line, and said a joint euro bond could be one way
Moody's Investors Service has downgraded the bank financial strength rating (BFSR) of Gulf Bank (Kuwait) to D- from D+, while the long-term global local currency (GLC) and foreign currency deposit ratings were
British construction activity fell at its slowest pace in 23 months in January, a survey showed on Tuesday, as firms shed jobs at a reduced pace and confidence improved, but a fall
