British Prime Minister Gordon Brown will press President Barack Obama for details on his plans to fix the ailing U.S. financial sector in talks on Tuesday that will focus on the global
European shares briefly turned positive in choppy trade on Tuesday afternoon, as U.S. futures pointed to a strong start on Wall Street. At 1353 GMT, the FTSEurofirst 300 index of top European
Germany confirmed on Tuesday that Romania was in talks with the International Monetary Fund (IMF) to secure aid as it faces up to liquidity problems due to its reliance on external financing
President Barack Obama said on Tuesday he saw little hope of near-term improvement in the U.S. economy after a staggering drop in gross domestic product in the final three months of last
The European Union can help any struggling euro zone member, it said on Tuesday, as British UK Prime Minister Gordon Brown took Europe's views on taming the financial crisis to President Barack
Minister of Labour and Social Insurance Soteroula Charalambous said on Tuesday that the government intends to continue monitoring the sustainability of social security systems and especially pension schemes, and if necessary is
The Cyprus government will contribute the sum of one million dollars for the reconstruction of Gaza. The announcement was made on Sunday by the Minister of Foreign Affairs Markos Kyprianou at Larnaca
World stocks drifted higher on Tuesday after a thorough beating in the previous session left most leading equity indexes at multi-year lows. But while some stability was apparent on European and emerging
Auto sales likely hovered around 27-year lows in February as consumers mostly stayed away from buying big-ticket items, spooked by job losses, the deep recession and tight credit. Major automakers are scheduled
Microsoft Corp is testing a new version of its online search service internally under the name of Kumo.com, a spokesman for the software company said on Monday. The service is not yet
