The euro clawed back some of its recent steep losses against the dollar and yen on Friday and rose off nine-month lows versus the Swiss franc while higher oil prices pushed European
Britain's financial sector looks in much better shape than six months ago, the Bank of England said on Friday, with one of its senior figures arguing that departures might be a "price
European equities drifted higher in early trading on Friday, with stronger energy shares on the back of firmer crude oil prices outpacing weaker financials. At 0818 GMT, the FTSEurofirst 300 index of
U.S. Internet retailer Amazon.com Inc said on Thursday that its Kindle electronic book reader posted its best sales yet in the month of December, as the battle for the digital reader market
Moody's Investors Service has changed the outlook on Lebanon's B2 government bond issuer ratings to positive from stable, prompted by a continuation of the positive trends that led to the upgrade of
Commerce, Industry and Tourism Minister Antonis Paschalides has said that the Cypriot economy has proved that despite its small size, it is based on sound structures which enable it to deal successfully
Cyprus's parliament on Thursday approved the 2010 state budget which sees the island's deficit exceeding a 3.0 percent of GDP EU limit imposed on members of the euro zone. Thirty-three MPs from
Global Shariah Shipping Fund, jointly sponsored by Cyprus-listed SFS Group and Kuwait Finance House (Malaysia) and Global Shipping Investments Management Ltd (equally owned company by SFS and KFHAM), is being launched with
The euro recovered from early losses on Friday after Pakistan dismissed rumours of a coup while Asian stocks fell as investors fretted about the outlook for corporate earnings. European shares were set
Two years of U.N. climate talks reached their climax in Copenhagen on Friday without a deal on carbon emissions cuts, as world leaders attempted a last push to agree a new global
