Google CEO says worst of crisis is over

A U.S. recovery is likely to begin this autumn, the worst of the crisis has passed and it is "reasonable to be optimistic for 2010," internet search giant Google's chief executive Eric

Dollar edges up, stocks hold ranges

The dollar recovered a little ground on Monday after falling late last week on a renewed call by China for a super-sovereign reserve currency, and stocks traded just below the top of

EIB to lend EUR 250 mln to Cypriot SMEs

The European Investment Bank (EIB) has authorised the amount of EUR250 mln to be given to Cypriot small and medium-sized enterprises (SMEs). According to the Chairman of the Cyprus Chamber of Commerce

Obama opposes energy bill trade penalties

U.S. President Barack Obama on Sunday called a House-passed climate change bill "an extraordinary first step," but spoke out against a provision that would impose trade penalties on countries that fail to

Banking on security in Baghdad

By Mohammed Abbas Under the watchful eye of a guard in army fatigues — with badges depicting a dagger through a skull — the meeting of the Iraqi private banks association was