Bernard Madoff, a quiet force on Wall Street for decades, was arrested and charged on Thursday with allegedly running a $50 billion "Ponzi scheme" in what may rank among the biggest fraud
The U.S. Senate failed on Thursday night to reach a last-ditch compromise to bail out automakers, effectively killing any chance of congressional action this year. The $14 billion legislation officially died in
Asian stocks plunged more than 5 percent on Friday after a collapse in the U.S. carmaker bailout jeopardised the industry, sending investors fleeing to the safety of government bonds and the yen,
The dollar hit a 13-year low against the yen on Friday after the U.S. Senate failed to agree on a bailout for U.S. automakers. The U.S. Senate failed on Thursday night to
The trade deficit based on provisional figures for October widened by almost EUR 1 bln in the first ten months of the year. Total imports reached EUR 615.7 mln, of which EUR
The Statistical Service has announced the publication of the annual report, Economic Statistics on Other Social and Personal Service Activities, for the year 2006. The report provides data on the number of
The growth of motor vehicle registrations in Cyprus slowed to 4.5% in the first 11 months of the year, from 6.4% in the first ten months, as registrations in November dropped by
Ericsson said it is collaborating with Intel to ensure that Ericsson's Mobile Broadband Modules are interoperable with Intel Anti-Theft PC Protection Technology for notebooks. The collaboration addresses solutions to minimize the negative
A widespread cholera outbreak, under-resourced and under-staffed health system, and inadequate access to safe drinking water and hygiene is threatening the wellbeing of thousands of Zimbabweans. As of December 9, more than
Oil rose towards $46 on Thursday after the International Energy Agency predicted global growth in oil demand would resume in 2009 and the Saudi oil minister said OPEC's top exporter pumped less
