World stocks fell and the euro retreated against the dollar on Friday as optimism about the third-quarter corporate earnings season faded after weak results from General Electric and Bank of America. General
Four major risks threaten a solid year-end rally to cap this year's stunning bounce back by global equities — earnings, bonds, currencies and cash. Investor optimism has been so unrestrained recently that
Bank of America Corp posted its second quarterly loss in less than a year as it suffered from consumer credit losses. The nation's largest bank reported a net loss of $1 billion,
General Electric Co reported a 42 percent drop in profit, as a global economic slump hammered its hefty finance arm and eroded demand for the heavy equipment it manufactures. The largest U.S.
Wall Street was set for a lower open on Friday after General Electric Co (GE.N) a 42 percent drop in quarterly earnings and Bank of America Corp (BAC.N) posted a quarterly loss
The Central Bank of Cyprus is reminding the public that the last day for the exchange of coins of the Cyprus pound is 31 December 2009. After this date, coins of the
Cyprus hopes to be able to pull itself into growth this year, in spite of official forecasts of a contraction, Finance Minister Charilaos Stavrakis said. "If you ask me I personally think
Fifty five Congressmen have urged US President Barack Obama ''to impress upon Turkey that a solution to the Cyprus problem cannot be reached without its full and constructive cooperation, both in the
The 16th Pancyprian Agricultural Fair, Agrifair, will be held from October 21st to October 25th. The Fair will be officially opened by President of the Republic Demetris Christofias. Chairman of the Cyprus
The European Commission has the feeling that negotiations between President of the Republic of Cyprus Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat are stuck, the Spokesperson for Enlargement has said,
