U.S. consumer prices fell in March and recorded their first 12-month drop since 1955, government data showed on Wednesday, as slumping demand amid a severe recession pushed down energy and food costs.
In an effort to facilitate increased tourist arrivals from Russia to Cyprus, the government said Cypriot consular services in Russia will issue ‘pre-approved’ visas to Russian nationals wishing to come to the
Dr. Andreas Moleskis has been appointed by the Council of Ministers as Cabinet Secretary and head of the Cyprus EU Presidency office 2012. Cyprus will take over the EU Presidency in July
World stocks fell on Wednesday, stepping back from the previous session's three-month high, and the low-yielding yen firmed as news of job cuts at Swiss bank UBS and weak U.S. and Chinese
European shares turned positive in early trade on Wednesday, with a rise in crude oil prices supporting energy stocks, but financials remained under pressure as UBS reported a first-quarter loss. At 0853
An opinion poll on interest in the 4-7 June European elections and on EU policy issues reports that 34% of possible voters surveyed across the EU say they are already certain that
Cellphone makers are expected to report buoyant sales of lower-priced, feature-packed smartphones as consumers opt for "cheap chic" amid the global recession. Research in Motion, the second-largest maker of smartphones after Nokia,
Microsoft Corp said it will launch a test version of its Exchange Server on Wednesday, marking the latest development in the technology used by 65 percent of businesses worldwide to run their
EBay Inc plans to spin off its Skype unit, acknowledging that the Web telephone service does not fit with the rest of the company, in an indictment of former CEO Meg Whitman's
The Obama administration is drawing up plans to disclose the financial condition of the 19 biggest banks in the country, the New York Times said, citing senior administration officials. The administration has
