Cyprus expects the EU to continue its collective efforts to tackle the global financial crisis, maintain a social direction to protect vulnerable groups of the population, take further social measures to reduce
Moody's Investors Service has downgraded the ratings of three Dubai-based banks — Emirates NBD, Mashreqbank PSC and Dubai Islamic Bank PJSC – that were already under review in August in response to
Moody's Investors Service has downgraded the supported ratings of two Bahraini banks – National Bank of Bahrain BSC's (NBB) long-term local currency deposit rating was downgraded by one notch to A2, while
Billionaire financier George Soros told Reuters on Thursday he had found a $100 billion route to unlock climate talks in Copenhagen, while one business group complained the talks were "tone deaf" to
Egypt's revenue from tourism for the year to November fell 3.1 percent on a year ago, but were higher than expected thanks to strong arrivals from Europe as winter approached, a tourism
Britain and France joined forces at a European Union summit on Thursday to demand that bankers' bonuses be taxed heavily and Germany called for solidarity with Greece over a mounting debt problem.
Japan's Nikkei stock average rose 2.5 percent on Friday, snapping a three-day slide, as the yen retreated against the dollar and helped exporters extend gains made after improving U.S. job data. The
Want to stay in euro even if it means tough measures Outside stores damaged or barricaded against two days of riots, Greeks blame a stream of weak governments for plunging their country
The number of U.S. workers filing new claims for jobless benefits rose more than expected last week, but a surprise narrowing in the trade gap in October suggested the economic recovery was
European shares were higher at midday on Thursday, with financial stocks gaining strength after sharp falls in the previous sessions. By 1231 GMT, the pan-European FTSEurofirst 300 index of top shares was
