U.S. Federal Reserve Chairman Ben Bernanke warned on Tuesday that unless government efforts succeed in restoring financial stability, the nation's recession may not end this year. Bernanke told lawmakers that the sharply
U.S. consumer confidence plunged to another record low in February with expectations that already dire economic conditions will continue to weaken and the jobs market will further deteriorate. The Conference Board, an
Yahoo introduced several tools on Tuesday that it says will help marketers target their ads more efficiently at a time when many of them are cutting advertising spending drastically. One of the
Teenagers who are preoccupied with their Internet time may be more prone to aggressive behavior, researchers reported Monday. In a study of more than 9,400 Taiwanese teenagers, the researchers found that those
Citigroup has downgraded its price targets of Greek and Cypriot banks in its latest report dated February 23, 2009. Citi has slashed its target price on Bank of Cyprus to EUR 2.75/share
Five persons, representing the right-wing Democratic Rally party, submitted their candidacy for the June European Parliament elections. They are: Ioannis Kasoulides, Christos Stylianides, Eleni Theocharous, Timis Efthymiou and Christoforos Fokaides. The sixth
UBS analysts are forecasting the fourth quarter profit of Marfin Popular Bank (MPB) at EUR 127 mln, while for the full year 2008, the forecast is EUR 450 mln. Marfin Popular publishes
Marfin Investment Group (MIG) announced today that it has withdrawn its application to the Central Bank of Cyprus for an increase of its shareholding in Marfin Popular Bank (MPB) of up to
Amazon.com Inc has established a clear lead in user preference for digital media download sites in Britain, despite a relatively late entry into the market, a survey published by Strategy Analytics said.
American International Group Inc, rescued twice last year by the U.S. government, is asking for more aid and bracing for a fourth-quarter loss of roughly $60 billion, a source familiar with the
