Turkish Cypriots pessimistic on unification talks

 The newly-elected right-wing government of northern Cyprus said on Friday it was pessimistic that peace talks to unify the island would succeed. Turkish Cypriots recently elected a government backing a two-state arrangement,

HSBC says much of 2010 will be challenging

Europe's biggest bank HSBC Holdings said on Friday it intended to continue to pay quarterly interim dividends but added that business would remain challenging during much of 2010. "Turning to the outlook.

US Stock futures signal gains; GM eyed

Stock index futures pointed to a higher open on Wall Street on Friday, after the previous session's sell-off, with General Motors (GM.N) in focus after sources said Washington has no plans to

Oil up above $61 as China’s demand rebounds

Oil firmed above $61 on Friday as fundamental support came from consumer nations such as China, the United States and Africa's top producer Nigeria after weeks of equity-led rallies. U.S. crude futures