Oil rises towards $69 on Nigeria attack

Oil rose towards $69 a barrel on Thursday after Nigeria's main militant group shut down one of Royal Dutch Shell's pipeline junction points, heightening concerns about supplies from the region. U.S. crude

World stocks slip after Fed cautions

World stocks slipped on Thursday after the Federal Reserve cautioned that the U.S. economy would remain weak for a time, adding to concerns about the sustainability of a recent recovery. Government bonds

250,000 new subscribers get IPTV in Belgium

Belgacom TV, the leading Belgian IP television service provider added 250,000 new customers since January 2008, representing an increase of 45% over 2007. The company’s success is driven by the implementation of

Cyprus business sentiment worsens in June

The Cyprus Business climate in June 2009 deteriorated by 2.1 units month-on-month to 63.3 units according to the Business and Consumer Surveys conducted by the Economic Research Centre of the University of

EU aid for Turkish Cypriot schools

The European Commission has awarded grants worth from 16,000 to 50,000 euros to 17 schools in the northern part of Cyprus. Projects cover a variety of fields ranging from establishment of computer

Dollar off post-Fed

The dollar on Thursday edged off stronger levels hit after the Federal Reserve meeting, while the yen fell as the market weighed up whether to resume rallies in riskier assets. The Fed