Oil slipped a little below $69 per barrel on Friday but remained close to a seven-month high, supported by a rally in stock markets and expectations that the global economic downturn may
British firms' input costs fell at their sharpest annual rate in 7-1/2 years in May as the price of oil and imported metals fell at a record pace, official data showed on
British Prime Minister Gordon Brown backed down from replacing his finance minister on Friday in a bid to hold his government together and end a political crisis that has knocked sterling. The
World stocks rose towards this week's 7-1/2 month high on Friday as resource stocks rallied after oil prices surged past $69 a barrel and optimism grew about an improving U.S. labour market
With a total of 92 medals, Cyprus firmly stayed at the top spot of the overall medal standings at the end of the third day's competitions, in the XIII Games of the
The Nicosia District Court has referred the five suspects in connection with the 2005 Helios air crash to a direct trial before the Criminal Court. The trial of Helios Executive Chairman Andreas
The consumer price index increased by 0.74% over the previous month in May to 110.89. The Statistical Service reported that this is mainly due to increases in the prices of certain fresh
The number of registered unemployed in Cyprus rose sharply in May according to the latest data from the Statistical Service. Compared with April 2008, registered unemployment rose by 5,905 to 15,158, marking
The Bank of Japan will consider upgrading its view on the economy later this month in response to improved exports and output, sources said on Friday, as markets anxiously await U.S. jobs
A third senior minister quit the British government on Thursday, calling on Prime Minister Gordon Brown to quit to improve his party's chances at a general election due within a year. James
