Cypriot tennis player Marcos Baghdatis has advanced to the third round of the Australian Open. Baghdatis, No 31 seed, fought back from two sets down to advance to the third round after
Low-cost airline easyJet lifted first-quarter revenue by 10.5 percent and said it was on track to deliver much higher full-year profit, tapping into a recovery in budget air travel. The airline, the
Poland’s leading tour operator, Itaka, has expressed interest to take a minority stake in government-owned Eurocypria, with an option to buy a larger share of the charter operator in the future, sources
Greek markets took a beating on Wednesday and borrowing costs surged as the government said it is considering all options to raise funds, including selling bonds directly to the public. In a
President of the Republic of Cyprus Demetris Christofias will meet Thursday in Nicosia with the President of the European Council Herman van Rompuy. The EU President is visiting Cyprus as part of
President Barack Obama said on Wednesday he knew there was frustration about the bank bailouts but he was optimistic about the prospects for the U.S. economy this year. "We had to salvage
China easily beat its 2009 growth target after a blistering fourth quarter performance that set the stage for further monetary tightening and put it on course to overtake Japan to become the
European shares fell from 15-month closing highs by midday on Wednesday, with miners slipping on concerns about China reining in monetary policy, though drugmakers gained from doubts on U.S. healthcare reform. At
New U.S. housing starts unexpectedly fell in December, likely the result of unusually cold weather, while producer prices rose for a third straight month. The Commerce Department said on Wednesday housing starts
Britain's labour market showed signs of stabilisation at the end of last year, with the biggest fall in benefit claims in nearly 3 years and the first fall in an internationally comparable
