Greek finmin vows fiscal cuts to meet EU goals

Greece's new finance minister promised radical measures on Tuesday to cut the country's ballooning budget deficit and fix its statistical reporting, which has been harshly criticised by the European Union. George Papaconstantinou,

European shares gain after Caterpillar results

European shares reversed losses to trade higher on Tuesday after U.S. bellwether Caterpillar reported strong quarterly results. By 1143 GMT, the pan-European FTSEurofirst 300 index of top shares was up 0.2 percent

By Sinead Cruise

By Sinead Cruise Scores of shopping malls across Britain face a battle to survive an extended recession unless the government suspends a "toxic" tax on landlords' empty space, the retail toledobrand.com property