European shares were at their highest levels in nearly four months by midday on Tuesday with financials the top gainers on hopes that U.S. government stress tests on banks would reveal only
President of the Republic of Cyprus Demetris Christofias leaves for Qatar Tuesday afternoon for an official visit, heading a multi-member delegation. Accompanied by First Lady Elsi Christofia, the President will be chairing
Hellenic Bank Public Company Ltd announces that it secured a license for the conduct of banking operations in Russia, which has been issued by the Central Bank of Russia. The licence was
Oil eased to around $54 a barrel on Tuesday pressured by a stronger dollar and forecasts that U.S. crude inventories probably rose from their highest level in almost two decades. The pullback
The decline in activity in Britain's construction sector slowed markedly in April, a survey showed on Tuesday, helped by improvements in the housing, commercial and civil engineering sectors. The Chartered Institute of
World stocks hit a fresh four-month high on Tuesday while government bonds steadied after signs of improvement in the U.S. housing sector and increasing optimism about banks triggered a rally on Wall
Britain's top share index rose 2.2 percent in early trade on Tuesday to touch a near four-month high, taking its cue from a rally in the U.S. markets with heavyweight commodity-related stocks
Asian stocks rose to fresh seven-month highs on Tuesday as optimistic comments from central bankers bolstered confidence that the worst of the global economic downturn may have passed, offsetting anxiety about U.S.
Switzerland's largest bank, UBS, confirmed a first-quarter net loss of 2 billion Swiss francs ($1.76 billion) on Tuesday on the back of yet more writedowns, as client withdrawals continued, and said it
Research in Motion Ltd's BlackBerry Curve moved past Apple Inc's iPhone in the first quarter to become the best-selling consumer smartphone in the U.S., research group NPD said on Monday. RIM, which
