Oil climbed above $67 on Friday, rising for a second day on renewed expectations, mainly on equity markets, of a global economic recovery that may increase the world's energy demand. U.S. light
Investors battered by a credit crisis could look beyond equities and bonds in their quest for returns: those with a keen eye are beginning to see bargains in contemporary art. Prices of
Asian stocks pushed higher on Friday and were poised to score double-digit gains in July as investors keep pouring funds on bets the region's growth engine will lead the global economy out
British Airways has cut operating costs by around 6.6 percent since last October as it fights to slim down during the downturn, while its debt-pile also fell slightly to 2.3 billion pounds
Economists are split as to whether the Bank of England will extend its asset purchase programme in August, but it may still reach a total of 150 billion pounds, a Reuters poll
U.S. stocks opened sharply higher on Thursday following a string of stronger-than-expected quarterly corporate profits, a broker upgrade for General Electric Co (GE.N) and fresh signs that the economic slump is waning.
MasterCard Inc (MA.N), the world's second-largest credit card network, reported better-then-expected quarterly earnings Thursday as it raised fees and cut expenses, sending its shares up 6.5 percent. Expenses declined 13 percent to
The number of U.S. workers filing new claims for unemployment benefits rose slightly more than expected last week, but the number of workers staying on jobless roles fell to the lowest in
The Central Bank of Cyprus has concluded a Memorandum of Understanding with the Guernsey Financial Services Commission (GFSC) and the Polish Financial Supervision Authority for the supervision of credit institutions. The Memorandum
The broad transport, storage and communication sector registered in 2007 an increase of 16,9% on the gross output, at current prices and amounted to c£1.275,9 mn (€2.180,0 mn) in 2007, compared with
