Cyprus electricity corp seeks LNG partners

Cyprus's electricity authority has invited companies to prequalify as potential partners in an LNG venture. The process would be open to firms and voluntarily formed consortia interested in participating in the LNG

Fed sees US economy sliding further

Federal Reserve policy-makers, faced with bleaker forecasts for a rapidly worsening recession, decided to buy a "substantial" amount of U.S. Treasury and mortgage debt to halt the slide, minutes of their most