Tesco, Britain's biggest retailer, said on Tuesday it was expecting a difficult 2009, but shrugged off suggestions it was losing ground to its rivals. "Against the overall background of, I suspect, rising
Fears of steep losses at corporate bellwethers from Citigroup to Sony hit Asian shares on Tuesday, signalling the extent of the global economic slowdown and bolstering less risky assets such as government
By Matt Spetalnick Two unfinished wars, the U.S. economy deep in recession, the budget deficit about to hit $1 trillion and America's image badly tarnished abroad. Not since Herbert Hoover left Franklin
Political freedoms declined around the world for a third straight year in 2008, with Russia and Greece down over political incidents and Iraq and Malaysia up on increased pluralism, a U.S. rights
Data from the credit card company JCC show that local plastic card use by Cyprus residents rose by 16% in January-December 2008. However, this was slower than the 20% recorded in January-September
Shopping across the Green Line accelerated in both directions in 2008, according to the latest data from the card payment organisation, JCC Payment Systems Ltd. Greek Cypriots increased their spending in the
Germany's coalition leaders meet on Monday to agree a second package of stimulus measures to help Europe's biggest economy weather what risks becoming Germany's deepest recession since World War Two. Following are
Top technology companies came to Las Vegas to show off their latest innovations in consumer electronics, but despite the plethora of TVs, computers, phones, cameras and other gadgets on display, it was
The European Central Bank may soon confirm what its counterparts in Britain and the United States have learned: cutting interest rates to the bone isn't enough to keep the economy from worsening.
President-elect Barack Obama has not asked President George W. Bush to request the remaining $350 billion in the financial bailout, but would do so if asked, Bush said on Monday. "I told
