Asian shares edged higher on Wednesday looking past a surprise fall in U.S. consumer confidence and the Australian dollar jumped to a 13-month high after August retail sales data beat forecasts. China's
A tsunami hit Samoa on the morning of September 30, 2009, setting off warnings across the Pacific. Estimates of dead ranged from 28 to up to 100 victims. The tsunami was caused
British consumer morale enjoyed its biggest monthly boost in more than 14 years in September as people grew more optimistic about the economic outlook than at any time in the past decade,
The International Monetary Fund will raise its 2010 growth forecast for the world economy to 3.1 percent from 2.5 percent to reflect improving economic conditions, a newspaper reported on Wednesday. Citing unidentified
Industrial production dropped by 7.6% over the year earlier in July, according to the latest figures from the Statistical Service. The fall was larger than the 7.2% drop recorded in June but
The Economic Sentiment Index in Cyprus in September 2009 recorded the largest improvement among Eurozone countries, reaching 66.7 points, from 56.1% in August. According to a monthly European Commission report, in Cyprus
House President Marios Garoyian has warned those who still advocate a return to a failed UN solution plan – the Annan plan – that they will fail in their effort to help
Italy staked its claim on Tuesday to the European Central Bank presidency after Jean-Claude Trichet's mandate expires in October 2011, setting the stage for a fight with EU powerhouse Germany. Italian Foreign
HSBC is close to selling a trio of landmark offices in London, New York and Paris to boost its balance sheet by around $2 billion by end-2009, a person familiar with the
France is preparing a 500 million euro ($729 million) emergency package to help young jobseekers, who have been hardest hit by the economic crisis, President Nicolas Sarkozy said on Tuesday. The plan
