U.S. crude futures fell below $78 a barrel on Wednesday after industry data showed a surprise build in U.S. crude stocks, raising doubts over demand recovery in the world's largest energy user.
The world's largest cellphone maker Nokia said on Wednesday it expects handset market volumes to grow around 10 percent next year, more than analysts expect. Nokia forecast its handset unit operating profit
European Union finance ministers are on the verge of a deal to set up new super-watchdogs to police banks following the economic crisis, Swedish Anders Borg Finance Minister said on Wednesday. The
World stocks ticked higher on Wednesday with anxiety over Dubai's debt problems taking a backseat and focus shifting to this week's economic numbers and the European Central Bank's rate meeting. Euro zone
Britain's top share index was 0.2 percent lower early on Wednesday, with a retreat by banks countering gains by miners and Vodafone, as investors paused for breath after sharp gains in the
Britain appears to be emerging from recession and, although headwinds remain, policymakers need to be wary of driving up asset prices with loose policy, Bank of England Chief Economist Spencer Dale said
Stock index futures pointed to U.S. shares mostly extending their gains on Wednesday, with the Dow Jones industrial average (.DJI) having hit a 14-month closing high in the previous session. At 0845
A Bank of Japan policymaker signalled on Wednesday the central bank was open to adopting more measures to support the economy following its emergency meeting the previous day that offered extra short-term
Interior Minister Neoclis Sylikiotis said that the adoption by the EU of a common asylum system will help small member states, such as Cyprus, which receive strong immigration pressure. In statements at
Cypriot Paraolympic gold medalist Karolina Pelendritou closed 2009 with a great sports success, at the Swimming World Championships, taking place in Rio, Brazil, with the participation of top athletes from 36 countries.
