European shares were flat on Tuesday, having briefly turned negative amid doubts about the timing of a return to economic growth, which sent stock markets in the United States and Japan sharply
Cyprus's tourism industry is bracing itself for the worst summer season on record as the global financial crisis hits the pockets of tourists, edging Cyprus closer to a recession, analysts said on
A recovery from a severe recession in the euro zone's services sector stalled in June as consumers remained nervous, but factories fared better as they ran down stocks, key surveys showed on
Europe extended a global slide in equities and oil on Tuesday while the low-yielding yen hit a three-week high against the dollar as investors grew concerned about the prospect for global economic
Apple Inc Chief Executive Steve Jobs was at the company's headquarters on Monday, underscoring speculation the pancreatic cancer survivor may have returned to work. Jobs, who has been on medical leave since
China's economy is headed in the right direction but the foundations of the recovery are not yet solid, a Chinese central bank official said on Tuesday, adding to a chorus of voices
By Louis Charbonneau Rich and poor nations edged closer to a deal on proposals for reforming the global financial system, but diplomats said there would have to be changes if a U.N.
President Barack Obama will throw his weight behind legislative bids to reform healthcare and cut U.S. greenhouse gas emissions on Tuesday in his fourth White House press conference since taking office. Obama,
U.S. Trade Representative Ron Kirk is expected to launch a WTO case against China on Tuesday when he holds what his office called a major news conference regarding U.S.-China trade. Kirk's office
President Demetris Christofias has said that he and Turkish Cypriot leader Mehmet Ali Talat have a responsibility to fulfill the aspirations of all Cypriots. He also expressed hope that the wisdom and
