Unravelling high public debt and fiscal shortfalls will slow recovery for the European Union's eastern economies and present laggard Hungary is poised to shine in 2011 after being the first to tackle
Commonwealth Secretary-General Kamalesh Sharma will visit Cyprus from 30 September to 2 October 2009 on the occasion of a Commonwealth Finance Ministers Meeting to be held in Limassol on 1-2 October. According
The global financial crisis will be the focal point of the discussions among the Finance Ministers from the Commonwealth countries who will meet in the southern coastal town of Limassol, between 30
Britain's leading share index was 0.4 percent weaker in mid-session trade on Tuesday, with weakness in commodity stocks outweighing gains in financials as investors booked profit after recent gains. By 1146 GMT
European shares dipped on Tuesday after the previous session's sharp gains, dragged lower by commodity stocks, but financials offered support after BNP Paribas raised capital to shake off government influence. Financials were
Stock futures were down on Tuesday morning, indicating a weaker start for Wall Street. The futures for Dow, the S&P 500 and the Nasdaq were down 0.1 to 0.3 percent by 4:20
Britain's economy shrank less than previously estimated in the second quarter of this year, due to better than expected construction industry performance, the Office for National Statistics said on Tuesday. It said
European equities drifted lower in early trading on Tuesday after sharp gains in the previous session, with weaker commodity shares offsetting gains made by financial stocks, which were supported by BNP Paribas.
British mortgage approvals for house purchase held broadly steady in August, Bank of England figures showed on Tuesday, while consumers paid down unsecured debt at the fastest rate since records began in
BNP Paribas, France's biggest bank by market capitalization, on Tuesday joined the rush to pay back governments for their financial support during the credit crisis. The bank launched a capital increase for
