Britain's economy will shrink by 4.3 percent this year, its fastest pace of decline since World War Two, and stagnate in 2010, top international researchers said on Wednesday. The Organisation for Economic
By Mark Potter Britain's car scrappage scheme, which aims to revive demand for new vehicles by offering a discount to owners trading in old models, has made a promising start, car dealer
The dollar hit its lowest in nearly two weeks against a basket of currencies and global stocks edged up from five-week lows ahead of a Federal Reserve meeting expected to dampen expectations
The Cyprus government has sent before the House of Representatives a Supplementary Budget amounting to EUR 48.4 mln for the hiring of 1,195 new employees in the public sector. The Minister of
The Federal Reserve will emphasize that the U.S. economy remains fragile in a policy statement later on Wednesday, as it talks down expectations for a rate hike this year and holds fire
Japan's exports continued to tumble in May, further evidence that the recovery in the world economy some investors have been betting on is still some distance off. Concerns that markets might have
Asian stocks bounced up on Wednesday from a one-month low hit the previous day while the dollar drifted, with investors bracing for a Federal Reserve decision and any signs the central bank
President of the European Commission Jose Manuel Barroso will be paying a one-day visit to Cyprus on Thursday, during which he will be meeting with the leaders of the two communities. According
Cyprus and the United Arab Emirates are set to sign two agreements to improve economic ties. Cyprus Minister of Commerce, Industry and Tourism, Antonis Paschalides and the Deputy Minister for Financial issues
Cyprus Interior Minister Neoclis Sylikiotis, who has been under wide criticism over the delay of the issue of title deeds, has lashed back at developers, saying they are as much to blame
