Emerging markets stocks hit a new year high on Tuesday, rising to levels last seen before the Lehman Brothers collapse, and world stocks headed firmly towards a new 2009 peak. Wall Street
Oil at close to $70 means OPEC will almost certainly keep existing output cuts in place when it meets in Vienna on Wednesday, although it could seek to tighten compliance with existing
Economic recovery may come three months earlier than forecast, the head of the International Monetary Fund said, but policymakers warned it may not last if governments reversed stimulus programmes too early. "For
Oil prices rose above $69 a barrel on Tuesday as spot gold crossed a psychological threshold and ahead of an OPEC meeting analysts said would see more target compliance rhetoric but no
Britain will need to cut spending when the economy fully recovers, finance minister Alistair Darling said on Tuesday without spelling out where the axe would fall. Instead, Darling said there was still
Nokia Siemens Networks, the key equipment vendor to British operations of Deutsche Telekom and France Telecom, has most to lose in the merger of the two mobile networks, analysts said on Tuesday.
Salaries for British government ministers will be cut by five percent and then frozen if the Conservatives win the next election, opposition leader David Cameron said on Tuesday. Subsidises for beer and
European shares turned lower in early afternoon trade on Tuesday after U.S. Conference Board employment data fell in August, with losses in the European banking sector overshadowing gains in mining stocks. By
The EU-harmonised consumer price inflation rate fell for the second month in a row in August, dropping by 0.9%, having fallen by 0.8% in July. In 2008, the harmonised inflation rate in
The Statistical Service of Cyprus has announced the publication of the monthly report “Intra-Extra E.U Trade Statistics (Summarised Data)” for June 2009, showing that the trade deficit fell to EUR 3 bln
