Cyprus building permits show volatility in August

Cyprus building permits showed volatility in August, reflecting perhaps both a quiet summer month and the uncertainty of the sector’s future direction. The number of building permits authorised by the municipal authorities

Stronger U.S. GDP seen in 2010: survey

Top forecasters are growing more confident the U.S. economy has embarked on a sustainable recovery, a survey released on Tuesday showed. The Blue Chip Economic Indicators newsletter for November found forecasters had

Global stocks rise as risk favored

World stocks ticked higher on Tuesday as positive reports from UK banks kept the momentum with investors who chased risky assets in anticipation countries would keep monetary policy accommodative. Sterling fell broadly

Dow hits 2009 high

A broad U.S. stocks rally sent the Dow industrials to a 13-month high on Monday, after the Group of 20 pledged to keep aid flowing to the world economy, strengthening investors' desire

Google buys mobile ad firm for $750 million

Google Inc said on Monday that it was acquiring of AdMob, one of the largest mobile advertising networks, for $750 million, widening its bet that cell phone advertising could become the Internet's