World leaders meeting this week are expected to renew pledges to resist protectionism and finish long-running world trade talks but they have already damaged their credibility on both fronts. President Barack Obama
U.S. single-family home prices rose by a seasonally adjusted 0.3 percent in July from June but were 4.2 percent lower than a year earlier and 10.5 percent below their April 2007 peak,
U.S. stocks rose at the open on Tuesday as the U.S. dollar hit a 1-year low against the euro ahead of the start of a Federal Reserve policy meeting, boosting oil and
Latvia, Hungary and Iceland can be characterised as being in a state of 'fragile stabilisation,' but it is too early to speak of a recovery, Moody's Investors Service said in a new
Ankara must recognise that the influx of illegal settlers from Turkey to Cyprus’ northern occupied areas is a war crime, House President and Acting President of the Republic Marios Garoyian has stressed,
President of the Republic of Cyprus Demetris Christofias has expressed hope that Turkey will change its stance on the Cyprus problem so that a settlement could be achieved. President Christofias, accompanied by
British Prime Minister Gordon Brown said on Tuesday there was substantial support among the Group of 20 nations for creating a new framework to tackle global economic imbalances. But French Economy Minister
World stocks and oil climbed on Tuesday ahead of the Federal Reserve's two-day policy meeting, while investors' search for higher returns pushed the dollar down to a one-year low against the euro.
Stock futures pointed to a higher opening on Wall Street on Tuesday, with futures for the S&P 500 up 0.7 percent, Dow Jones futures up 0.6 percent and Nasdaq 100 futures up
The UK government has not set a sale timetable or revenue targets for its shares in Britain's part- and fully nationalised banks, reducing the risks attached to a disposal, an official at
