Former United Nations Secretary General Boutros Boutros Ghali said that he was “very much impressed” by the political will of President Demetris Christofias to promote the peace process and to find a
The U.S. unemployment rate unexpectedly jumped to 10.2 percent in October, breaching the politically sensitive double-digit barrier for the first time in 26-1/2 years, even though the pace of job losses slowed.
Global stocks and commodities retreated on Friday while the dollar gained and gold hit a record high after U.S. unemployment losses came in much higher than forecast, a blow to optimism on
The growth in unemployment numbers in Cyprus accelerated in October, as the number of registered unemployed rose by 72.9% compared with October 2008 to reach 17,263. In September, unemployment had risen by
U.S. employers cut a deeper-than-expected 190,000 jobs in October, government data showed on Friday, driving the unemployment rate to 10.2 percent, the highest in 26-1/2 years. The Labor Department said the unemployment
Worse-than-expected U.S. jobs data knocked European shares into negative territory and set Wall Street up for losses at the open on Friday. The U.S. Labor Department said U.S. employers cut a more-than-expected
Britain's leading share index was up 0.2 percent approaching midday on Friday with a rally by banks offsetting weakness in oil majors in thin trade as investors await the key U.S. October
The Group of 20 leading nations will agree this weekend it is too early to pull the plug on emergency support for the global economy and launch a new system of checks
A record number of people in England and Wales succumbed to bad debts in the third quarter of this year but the pace at which companies went bust slowed, official figures showed
British firms' raw materials costs posted their first annual rise in 8 months in October, propelled by rising oil prices and the weak pound which made imported goods dearer, official data showed
