World stocks rose from the previous day's three-month low on Thursday, while the dollar and government bonds fell, as some European corporate quarterly results were better than the most pessimistic expectations. Nestle
The Bank of Japan pledged to enhance its supply of low-cost funds and extended its commercial paper buying scheme on Thursday as it battles a credit crunch that is pushing the world's
Copying a few pages from the playbook of Apple Inc's iPhone strategy, which brings many of the powers of the Internet to mobile phones, is no way to beat the computer interloper
Facebook's efforts to build a business model around its online social network have hit another roadblock, as a backlash by its users forced the company to reverse a new policy. The dispute
Shares in UBS AG rose sharply on Thursday as investors hoped the embattled Swiss bank would refocus on pressing restructuring issues after a landmark settlement of U.S. tax fraud charges. UBS agreed
Shares in Swiss banking giant UBS AG rose 3 percent on Thursday after it agreed to pay $780 million and identify certain American clients to settle criminal fraud charges in the United
Asian shares edged higher on Thursday as recent selling pressure eased and safe-haven buying of the dollar and gold subsided, but reminders of the global economic gloom and financial sector woes kept
The meeting between President Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat has been postponed because of the death of Elsi Christofias’ father. According to an official announcement, issued here today, the
Revenue from tourism in January fell by 11.6% compared with the same month of 2008 to EUR 31.2 mln. For the whole of 2008, revenue had fallen by 3.5% to EUR 1.8
The number of building permits authorised in the last month of 2008 fell by 4.8% in December to 779 from 740 in December 2007. However, the value of building permits authorised continued
