European shares were higher in early trade on Tuesday, with investors sticking to defensive drugmakers as they await U.S. pending home sales. By 0706 GMT, the pan-European FTSEurofirst 300 index of top
Switzerland's deep recession unexpectedly eased in the second quarter thanks to an increase in private and public spending, while a drop in imports outstripped the decline in exports. Gross domestic product (GDP)
China's vast manufacturing sector kept up its steady recovery last month, ignoring the gloom engulfing the Shanghai stock market, a pair of surveys showed on Tuesday. The two indexes, compiled from polls
Walt Disney Co <DIS.N> on Monday agreed to buy Marvel Entertainment Inc <MVL.N> for $4 billion in the year's biggest media deal, banking on Marvel's pantheon of superheroes to broaden its lineup
In its annual report on Azerbaijan, Moody's Investors Service said the country's Ba1 credit rating — the highest level in the non-investment-grade range — reflects low GDP per capita and weak institutional
. The Risk Watch Column DR ALAN WARING Many people are pondering the outcome of the huge turmoil in Iran following the recent presidential elections. From nearly 40 years’ Iran experience, I
. By Patrick D. Heuchenne The basis of this outlook on Cyprus was stimulated by recent declarations made by Central Bank Governor Athanassios Orphanides who, in defence over responsibilities said, 'here we
Ticket sales “doing well” on Friday, Saturday The medieval castle in Paphos harbour has been closed to visitors in order to allow for workers to erect the stage and stands of this
Among Top 10 in purchasing power The most expensive cities in the world are Oslo, Zurich, Copenhagen, Geneva, Tokyo and New York, but Nicosia is not too far off, according to a
. Once the Paphos opera is out of the way next weekend (the last major event to attract foreign tourists this year), Cyprus will be pushed off the travel radar screens and
