The United States of America and the Republic of Cyprus will sign a Science and Technology Cooperation Agreement on February 5, 2009 at the Ministry of Finance offices in Nicosia. Minister of
Additional new measures to boost the economy’s development rate and to maintain unemployment at low levels, amid the continuing global economic crisis, were announced here Tuesday by President of the Republic Demetris
The dollar and yen slipped on Tuesday when the Bank of Japan's share-buying scheme and Australian stimulus moves temporarily eased some of the caution about the global economy and banking system. Currency
World stocks and oil ticked higher on Tuesday as Japan and Australia stepped up efforts to boost ailing economies, helping calm fears about deteriorating corporate profits. Australia slashed interest rates by a
Scandinavian airline SAS said on Tuesday it would make a rights issue of 6 billion Swedish crowns ($720 million) as it posted a pretax loss of 403 million crowns in the fourth
BP Plc missed analysts' forecasts with a 24 percent drop in fourth-quarter replacement cost net profit to $2.59 billion, due to a collapse in oil prices and a big loss at its
U.S. auto sales for January are expected to drop to a 27-year low, extending a 15-month downturn and adding weight to the view that the hard-hit sector will remain a drag on
European shares moved higher in early trade on Tuesday, with Vodafone leading the gainers after it reported better-than-expected revenues, while BP fell after disappointing numbers. By 0929 GMT, the pan-European FTSEurofirst 300
Panasonic Corp said it would launch in April in Japan plasma TVs that are a quarter of the thickness and consume half as much electricity as conventional models, in a bid to
Seven months after IBM delivered the world's fastest supercomputer, it has announced an even speedier one with the computing power of 2 million laptops. IBM said on Tuesday it is developing the
