Futures down after China ups bank reserve levels

Stock index futures fell on Friday after China surprised global markets by increasing banks' reserve requirements, raising worries about the impact of eventual monetary tightening on global growth. The hike in reserve

Cyprus starts to climb out of recession in Q4

The Cyprus economy appears to have started clambering out of recession in the fourth quarter, according to the latest flash estimate figures from the Statistical Service. In the fourth quarter GDP fell

Oil slips below $75 on stronger dollar

Oil fell below $75 a barrel on Friday, pressured by a stronger dollar on growing disappointment among investors over the lack of details emerging from the European Union summit to help debt-laden