Major automakers are expected to report the highest sales rate of 2009 when they post results for June, as deep discounts limit industry-wide results to a 30-percent decline. In the context of
Asian stock markets struggled to gain ground on Wednesday as economic data showed the process of turnaround to recovery was likely to be a slow grind, and the dollar capitalised on that
British retailer Marks & Spencer reported a smaller-than-expected drop in first-quarter underlying sales on Wednesday and said consumer spending seemed to be stabilising, though it remained cautious on the outlook. The 125-year-old
Top Federal Reserve officials said on Tuesday the central bank should not rush to raise interest rates or remove other accommodative policies as soon as the U.S. economy climbs out of recession.
Turkey has to implement fully the Additional Protocol to the Association Agreement in a non-discriminatory manner, Czech Foreign Minister Jan Kohout, whose country holds the rotating presidency of the EU, has said.
Cyprus President Demetris Christofias called for joint action in a bid to combat corruption in the Police Force. The President was addressing a ceremony for the granting of the appointment acts of
U.S. consumer confidence fell in June after two straight months of gains. The Conference Board, an industry group, said on Tuesday its index of consumer attitudes dropped to 49.3 from 54.8 in
Britain's FTSE 100 index of leading shares is seen regaining only some of the ground lost in 2008's dramatic crash as the economy gradually emerges from recession over the coming year, a
Commerce, Industry and Tourism Minister Antonis Paschalides departs Wednesday for Romania on an official visit, heading a business delegation organised by the Ministry in cooperation with Cyprus Chamber of Commerce and Industry
Britain's top share index was flat in late morning trade on Tuesday as energy stocks got a lift from higher crude prices, offsetting losses in food retailers, tobacco and beverage companies. By
