Kraft Foods has vowed to maintain discipline in its pursuit of British chocolatier Cadbury, suggesting the U.S. group will resist raising the level of its hostile approach. In a rebuttal of Monday's
The dollar steadied on Tuesday and Asian stocks wavered, despite improving appetite for riskier assets, as investors turned cautious ahead of a meeting of the U.S. Federal Reserve. European shares were set
Greek Prime Minister George Papandreou said on Monday that debt-laden Greece needed a new social deal and must change or sink. "We need to move immediately to a new social deal," Papandreou
Mexico is facing a $1.6 billion drop in tourism revenues for 2009, thanks to a deadly flu outbreak, but the fall is smaller than first feared and visitors should return in 2010,
U.S. President Barack Obama, who won political support and has sought advice from investment guru Warren Buffett, may now feel even closer to the world's second richest man. According to their family
Japan's Nikkei average inched down 0.2 percent on Tuesday, with Advantest Corp and other exporters hit by continued strength in the yen and as investors grew cautious ahead of a Federal Reserve
Oil headed lower for a ninth straight session on Monday to trade below $70 a barrel, pressured by concerns over weak fuel demand and brimming inventories. The market pared losses after Abu
President Barack Obama may have some tough words for executives of Goldman Sachs, Citigroup and other financial firms when he meets with them on Monday. Obama, who has complained about "fat cat
The overall public sector balance registered a deficit of 454.6 million euro in the first nine months of 2009 or -2.7% of GDP. According to a press release, issued here today by
Cyprus ranks first worldwide as regards the installation of solar systems for hot water and it is the sixth best performer among the 27 EU countries as regards installed capacity of photovoltaic
