Cyprus said it would press on with offshore oil exploration, despite strong objections from Turkey, and would open new fields for hydrocarbon research by early next year. Industry Minister Antonis Paschalides told
Cyprus must turn to green energy to ease pollution issues, Cyprus House President Marios Garoyian said addressing a seminar organised by the Cyprus Wind Energy Association and the Cyprus Organisation for Standardisation.
British industrial output rose unexpectedly in April for the first time since February 2008, official data showed on Wednesday. The Office for National Statistics said industrial output rose 0.3 percent on the
Stronger commodity prices lifted heavyweight mining and energy stocks on Wednesday, helping Britain's top share index to gain 1.5 percent in early trade. By 0738 GMT the FTSE 100 was up 63.93
Asian shares rallied on Wednesday as reports of stronger-than-expected industrial output in China raised optimism about the global economy, lifting metals and oil prices at or near multi-month highs. Gains in shares
World stocks rose for a second day in a row on Wednesday as improving economic data in Asia and a weak dollar pushed oil to a fresh 7-month high above $71 a
The Obama administration will unveil executive pay rules for firms receiving government aid by the end of the week and will name a pay czar with power to reject compensation plans at
A Washington-based group representing information technology companies called on China on Wednesday to reconsider its requirement that Internet filtering software be bundled with new computers. Chinese regulations mandate "Green Dam," a program
Microsoft Corp issued software to fix a record 31 security flaws in its programs, and Adobe Systems Inc warned that glitches in its products could let hackers take control of a user's
Moody's Investors Service has confirmed Kuwait's Aa2 sovereign ratings but has applied a negative ratings outlook, concluding a review initiated on March 19. The ratings affect Kuwait's local and foreign currency government
