Some confidence returned to financial markets at least for the short term on Monday after Abu Dhabi bailed out debt-stricken fellow emirate Dubai, sending stocks higher and weakening the dollar. Greece, another
Britain's FTSE 100 share index rose 1 percent in early deals on Monday, led higher by banks after indebted emirate Dubai said it has received $10 billion from Abu Dhabi, calming jittery
The decline in tourism arrivals moderated in November, as arrivals fell by 8.4% over the year earlier, compared with a drop of 14.0% in October. The total number of tourists reached 89,670
The unemployment rate amounted climbed to 5.4% of the labour force in the third quarter of 2009, according to the latest Labour Force Survey, compared with just 3.6% in the same quarter
Arsonists set alight three cars belonging to DONG Energy on Monday, just hours ahead of a planned protest against the state-owned utility, as more than 190 nations meet in the city to
European shares rose in early trade on Monday, extending their wining streak to three sessions as Dubai debt fears eased, with banks the major gainers. By 0808 GMT, the FTSEurofirst 300 index
Asian stocks rebounded on Monday after Dubai said it had received $10 billion from Abu Dhabi to repay debt, which pushed down the yen but boosted the euro and emerging Asian currencies
Lloyds Banking Group said take-up for its record 13.5 billion pound ($21.9 billion) rights issue totalled over 95 percent, drawing a line under a turbulent few months for Britain's largest retail lender.
Apple Inc accused Nokia of anti-competitive practices and patent infringement on Friday, escalating a legal battle as they fight for market share in smartphones. Analysts say the dispute, potentially involving hundreds of
The British jobs market has been stronger than expected given the scale of the recession, Bank of England chief economist Spencer Dale said on Monday. The British economy is expected to shrink
