European shares were lower at midday on Monday, as energy stocks suffered from lower crude prices, with miner Anglo American among the few heavyweight risers after a merger approach from Xstrata. At
Moody's Investors Service has downgraded three Ukrainian banks: Privatbank, Savings Bank of Ukraine and Ukreximbank. Moody's has refined its assessment of the ability of the Ukrainian state to provide systemic support as
World stocks slipped on Monday while government bonds and the dollar rose as a decline in oil prices below $70 a barrel and caution ahead of this week's data and Federal Reserve
Britain's top share index fell 0.8 percent early on Monday, as energy producers and miners were dragged lower by falling commodity prices, but Anglo American gained as Xstrata proposes merger talks. By
The Federal Reserve is considering creating a utility to replace the Wall Street banks that handle U.S. repo market transactions, the Financial Times reported on Monday, citing people familiar with the matter.
The worst of the global economic crisis is over, multi-billionaire financier George Soros told Polish news channel TVN24 on Sunday urging the creation of international regulations to oversee global markets. "Decidedly the
Apple Inc's latest iPhone hit stores on Friday with new features and faster speeds, drawing plenty of fans, if not the crowds that had swarmed the previous iPhone debuts. Several hundred shoppers
T-Mobile USA will begin selling a new smartphone using Google Inc's Android operating software in August, facing off against high-end devices such as Apple's latest iPhone and the Palm Pre. T-Mobile, an
Apple Chief Executive Steve Jobs underwent a liver transplant operation about two months ago and is expected to return to work by the end of June, The Wall Street Journal reported on
The growth rate in Cyprus for 2009 is expected at 0.7% according to the June Country Report on Cyprus issued by the Economic Intelligence (EIU). The EIU analysts anticipate GDP to grow
