Cyprus building permits drop 8.6% in November

The number of building permits authorised by the municipal authorities and the district administration offices during November 2009 fell by 8.6% over the same month of 2008 to 771, according to the

Factory output leaps ahead in January

Manufacturing activity continued to power ahead around the globe in January as economies pull out of deep recessions but a widening divergence in the euro zone will worry policymakers, data showed on

US Stock futures higher as budget eyed

Stock index futures rose on Monday after closing their worst month in nearly a year and as investors digested President Barack Obama's budget plans and awaited earnings from Exxon Mobil Corp (XOM.N).

Shares slide on Greece, China

World shares sank to a three-month low on Monday as concerns about Greece's debts and a reminder of the challenges China faces to curb inflation stung risk demand, helping push the dollar

FTSE flat; commods down on China concerns

Britain's top share index was flat in early trade on Monday as commodities came under pressure again on heightened concerns China would further tighten monetary policy, outpacing gains in utilities. By 0911