Disappointing corporate results knocked equities lower on Thursday while the dollar bounced off 14-month lows. Gold and oil both slipped as the dollar rose. Euro zone government debt was flat. Investors in
Europe stocks fell 1.3 percent in early trade on Thursday, tracking losses on Wall Street, as worse-than-expected quarterly results from telecom gear firm Ericsson prompted investors to pocket some of their recent
Moody's Investors Service maintains a stable outlook on its Aaa issuer rating for the European Bank for Reconstruction and Development (EBRD), according to its newly-published credit analysis. The rating reflects EBRD's prudent
Hermes Cyprus to build 5-star hotel at Larnaca airport Sarkozy invited to airport opening on November 7 French president Nicolas Sarkozy has been invited to inaugurate the 656-million-euro new terminal building at
Sweden, holder of the European Union presidency, wants to ditch a proposed borrowing limit for hedge funds in a move that will please Britain but anger France and others seeking tougher control
Britain's government must keep borrowing until recovery is entrenched, and one set of good economic data will not be enough to show this, finance minister Alistair Darling told Reuters on Wednesday. Darling
European shares closed higher on Wednesday, with oils gaining as crude rose to more than $80 a barrel, and as U.S. companies continued to beat forecasts for third-quarter earnings. The FTSEurofirst 300
Britain's top share index closed 0.3 percent higher on Wednesday, lifted by forecast-beating results from U.S. banks Morgan Stanley and Wells Fargo. The FTSE 100 closed 14.45 points firmer at 5,257.85, after
The latest data from the Statistical Service show that there was a steep decline in motor vehicle registrations in the first nine months of 2009. Total registrations of motor vehicles during the
The Cyprus industrial turnover index for July 2009 reached 144.5 (base 2005=100), recording a decrease of 11.7% compared to July 2008. For the period January-July 2009, the index recorded a decrease of
