Oil eases towards $49 as equities decline

Oil prices fell towards $49 on Tuesday, extending Monday's losses as declines on global stock markets heightened expectations of a further drop in demand for oil products. A rising death toll from

U.S. bank, flu fears chill economy hopes

Fears about a possible global flu crisis and renewed worries over the capital health of some U.S. banks combined on Tuesday to rattle economists' hopes the financial system was stabilising. The Wall

Cyprus wholesale turnover up 11.8% in 2008

The turnover value index of wholesale trade and commission trade for December 2008 increased by 16.1% to 187.7 compared with 161.7 in November 2008. For the period January-December 2008, the index, which