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
The International Monetary Fund on Wednesday lowered its estimate for global write-downs for banks and other financial institutions to roughly $3.4 trillion but warned that loan losses could rise in the face
Video gaming will hit the big screen next month when Sony Corp unveils a new game title for its Playstation3 game console at movie theaters. On October 5 and 6, four theaters
Google Inc is in the early stages of looking at ways to write software that would fully integrate plug-in hybrid vehicles to the power grid, minimize strain on the grid and help
The Council of Europe, as a defender of human rights, has an important role in the dissemination of cultural education, as well as the preservation and support of cultural diversity in Europe,
The Republic of Cyprus celebrates the 49th anniversary since independence and will mark the occasion with a military parade. The Defence Ministry has announced that infantry units, artillery and naval forces, members
