President Nicolas Sarkozy has fuelled tension with Britain by hailing a Frenchman's nomination to a post overseeing a European banking shake-up as a victory over London, but his boasting could backfire on
According to provisional estimates, the turnover volume index of retail trade (excluding automotive fuel) in Cyprus reached 117.7 in September, recording a decrease of 6.6% compared with September 2008 and 1.4% compared
The rise in unemployment in Cyprus showed no signs of abating in November, as the number of registered unemployed climbed by 73% compared with November 2008, having risen by 72.9% compared with
Cyprus moved decisively out of deflation in November as prices rose by 1.36% over the same period of the previous year, having fallen for four months in a row previously. Prices had
U.S. crude rose on Thursday as fund activity helped the market to recover from a sell-off the previous session, but oversupply curbed gains. NYMEX crude for January delivery rose 69 cents to
European stocks were slightly firmer on Thursday as the European Central Bank kept its main interest rate unchanged as expected and news from Bank of America pushed banking stocks higher. At 1251
U.S. stock index futures rose on Thursday after Bank of America Corp said it would repay $45 billion in taxpayer bailout funds. Bank of America (BAC.N) shares rose 4.2 percent to $16.30
What about the bounce-back? It was probably not the best timing to announce a request for debt rescheduling by Dubai World, just on the eve of the markets’ closing for 4 days
World stocks hit a fresh 14-month high on Thursday while oil also rose after Bank of America said it would repay $45 billion of taxpayer bailout funds in a move which injected
Britain's service sector grew more slowly than expected in November, a purchasing managers' survey showed on Thursday, but new business continued to pick up and firms were optimistic. The Chartered Institute of
