Euro zone services and manufacturing data suggested on Friday that economic contraction may be worse in 2009, dragging European shares to 6-year lows, while Japan said the fall in company profits was
The number of home repossessions in Britain leapt by half in the three months to December compared with the same period in 2007, taking the total for 2008 to the highest since
British retail sales unexpectedly rose in January as shoppers took advantage of aggressive price cuts to stock up on new clothes, books and CDs in the post-Christmas sales, official data showed on
Germany's foreign minister said on Friday a process had begun to consider how financially strong euro zone nations could help weaker members of the currency union, though it was too early to
Cyprus Finance Minister Charilaos Stavrakis said on Friday the Finance Ministry and the Central Bank of Cyprus have drafted a plan so that government guaranteed loans conducted by local authorities and semi-governmental
Energy supply security, oil reserves and energy projects have been discussed at the EU Council of Ministers for Energy meeting. Cyprus was represented at the Council by Permanent Secretary of the Ministry
A total of 98.3% of Internal Market rules have been written into Cyprus’ national law by 10 November 2008, according to the SOLVIT and Citizens Signpost Service (CSS) annual reports, issued on
Two U.S. teams have developed new materials that may pave the way for ever smaller, faster and more powerful electronics as current semiconductor technology begins to reach the limits of miniaturization. One
World stocks fell to their lowest since November on Friday, eyeing six-year lows, and the euro dropped as concern about the global economy and the banking sector drove investors towards government bonds
By Jane Sutton Festivals celebrating everything from high culture to humble farm products are struggling in the United States as sponsors trim their support in tough times and revelers tighten their purse
