Federal Reserve Chairman Ben Bernanke on Tuesday said the outlook for the long-suffering U.S. economy appears to be improving and the U.S. central bank was carefully reviewing ways to withdraw its massive
Crumbling tax revenues propelled Britain's budget deficit to a record high for the month in June, putting the government under further pressure on Tuesday to spell out a credible debt-reduction strategy. The
U.S. small businesses say they feel slighted by the Obama administration and efforts to shore up the economy, with large companies taking much of the government's attention and stimulus cash. The government
World stocks hit a 2009 high on Tuesday, taking them to levels last seen in October 2008, and emerging market debt spreads with U.S. Treasuries were the narrowest in 10 months. MSCI's
Futures for the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 share indexes are down 0.1-0.2 percent, pointing to a lower start on Wall Street on Tuesday. At 7.45
Cyprus is to get its first wind park, one of the biggest in the Eastern Mediterranean, which is expected to be completed by the end of 2010. The operation of the wind
Foreign Minister Markos Kyprianou has left for Brussels to attend a dinner hosted by European Commission President Jose Manuel Barroso in honour of former and current European Commissioners. Kyprianou will return home
Upbeat earnings from Wm Morrison drove strength in supermarkets, buoying investor confidence and helping Britain's top share index rise for a seventh straight day, with miners also adding to gains. By 1019
British retailers will likely keep discounting through the first half of 2010, according to a survey from PricewaterhouseCoopers (PwC). The PwC survey of 100 high street retailers said the current level of
Dubai's Al Nassma, the world's first brand of chocolate made with camels' milk, is in talks to expand into new Arab markets, Europe, Japan and the United States, its general manager said
