Olympic Air (OA), the revamped former national carrier following its acquisition by Marfin Investment Group (MIG), formally launched operation on Thursday (October 1), while Group chairman Andreas Vgenopoulos announced that MIG possesses
Asian shares fell on Friday as disappointing U.S. manufacturing data raised concerns that its economic recovery may not be as fast as previously thought, while the dollar remained firm as investors booked
British house prices rose for a fifth month running to turn flat on the year in September, the Nationwide Building Society said on Friday, in a further sign the housing market is
British households and companies face a more severe credit shortage this year and next than their American and European counterparts, hampering economic recovery, the International Monetary Fund said on Wednesday. Interest rates
The industrial output prices index for August 2009 fell by 0.1% over the previous month to 119.0 (base 2005=100) in August. For the period January-August 2009, the index recorded a decrease of
The total sales of petroleum products in August 2009 recorded a decrease of 12.0% compared to the previous month. A significant decline was recorded in the sales of asphalt, light fuel oil
While the economy shrank in the second quarter, salary-earners continued to enjoy strong increases in wages, as the average salary rose by 4.8% over the year earlier in the second quarter of
The U.S. economy contracted at slower pace than previously thought in the second quarter, but a further decline in private payrolls in September was another indication that recovery from recession would be
Asian manufacturing activity powered ahead in September, providing more evidence of global economic recovery, while financial market developments in Europe kept focus on the tide-turning moment when central banks will end ultra-low
U.S. mortgage applications fell last week despite the lowest loan rates in four months, the Mortgage Bankers Association said on Wednesday, in another sign that housing will likely recover slowly from its
