Oil rises above $43, Saudi deepens cuts

Oil rose above $43 a barrel on Monday, as a rebound in global equity markets and further evidence of supply cuts by top exporter Saudi Arabia helped the market break a six-session

UK residential landlords see rent arrears rising

Almost three-quarters of Britain's residential landlords expect rental arrears to rise in 2009 as recession threatens ability of tenants to pay rent, research from the National Landlords Association (NLA) showed on Monday.

Stable outlook for Slovak banking

The fundamental credit outlook for the Slovak banking system is stable, reflecting the rated banks' focus on traditional banking activities, their generally sound financial fundamentals and low risk appetite. The outlook is

Cyprus and Britain sign MoU on research

Cyprus and Britain signed on Monday a Memorandum of Understanding (MoU) in the fields of scientific research and development. The Memorandum was signed by Cyprus Minister of Education and Culture Andreas Demetriou