The White House and the Congressional Budget Office are expected to release new estimates on Tuesday of the scope of federal budget deficits and the health of the U.S. economy. The Obama
Ben Bernanke began as Federal Reserve chairman by meekly promising to maintain the status quo. He ended up facing the worst downturn since the Great Depression and changing central banking in ways
Revenue from tourism in Cyprus reached EUR 232.5 mln in July 2009 compared with EUR 272.9 mln in the corresponding month of the previous year, according to the Passenger Survey conducted by
A 400 billion euro plan to power Europe with Sahara sunlight is gaining momentum, even as critics see high risks in a large corporate project using young technology in north African countries
Oil crept up to near $74 a barrel on Monday within sight of a 10-month high, supported by optimism that an economic recovery will spur a rebound in energy demand. A string
European shares hit a 10-month peak on Monday, with euro zone industrial orders data providing more evidence of economic recovery, and miners gaining as metals prices rose. At 1037 GMT, the pan-European
Britain's top shares rose 0.4 percent mid-session on Monday as robust commodity prices pushing miners and oils higher, and financial stocks found support on optimism over the pace of global economic recovery.
Stock index futures rose on Monday after four straight positive sessions for Wall Street, as global stocks hit 10-month highs on hopes that the U.S. economy will soon start to recover from
Is it game over for the recession? Or will consumers stay in hibernation? Investors will watch this week's new home sales and consumer data to see if the economy's recovery is on
Online social networking site Facebook is looking to expand its staff by as much as 50 percent this year, its chief executive Mark Zuckerberg told Bloomberg news agency in an interview dated
