The euro rose broadly, world stocks turned higher, and energy and commodity prices rebounded on Tuesday after upbeat German manufacturing data helped to inject optimism about a global economic recovery. Investors sought
Eighteen new cases of H1N1 flu have been confirmed in Cyprus during the past 24 hours, increasing the total number of confirmed cases to 135, the Health Ministry announced on Tuesday. According
Greece's tourism industry has shed more than 19,000 jobs after arrivals at airports dropped by nearly a tenth in the first six months of the year, a trade group said on Tuesday.
China, Russia and Brazil will use this week's G8 summit in Italy to push their view that the world needs to start seeking a new global reserve currency as an alternative to
Lending activity has picked up in Britain's troubled housing market, with more financing becoming available for higher loan-to-value transactions, Treasury minister Paul Myners said on Tuesday. "There is an increase in the
European initial public offerings remained sparse in the second quarter, with most companies likely to defer going public until mid-2010, an expert on new listings from PriceWaterhouseCoopers (PwC) said. "Whoever isn't forced
Oil eased below $64 a barrel on Tuesday, falling for the fifth consecutive session on doubts over global economic recovery and potential improvement in demand for fuel. U.S. light crude for August
Britain's top share index rose slightly in early trade on Tuesday, as gains from miners and some defensive shares outweighed weakness among oil stocks. By 0805 GMT, the FTSE 100 was up
British housebuilder Persimmon said volumes and forward orders were ahead of 2008 comparisons and it expected no more writedowns of the value of its land holdings, boosting shares in the sector on
British manufacturing output unexpectedly shrank in May, official data showed on Tuesday, making it less likely the economy returned to growth in the second quarter. Manufacturing output fell 0.5 percent on the
