Cyprus said on Thursday it would press ahead with plans to open the Mediterranean for oil exploration despite objections from its northern neighbour Turkey and estranged Turkish Cypriots. In a growing dispute
The European Court of Human Rights (ECHR) has dismissed a demand on behalf of Turkey to reexamine its decision in the case of Demades v. Turkey, issued in April 2008, and has
The European Central Bank cut interest rates by 75 basis points on Thursday, its biggest ever move as inflation plummets and the euro zone economy sinks deeper into recession. The move takes
Growth in the global smartphone market slowed to 11.5 percent in the third quarter year on year, the slowest rate of growth since it started tracking smartphone sales, research firm Gartner said
A new crop of video games is encouraging fans to ignore their parents' advice and play with their food. Fans slice, dice and feel the heat of the kitchen with a new
Stock futures pointed to a broadly unchanged start on Wall Street on Thursday, breaking a two-day rally. Futures for the S&P 500, the Dow Jones industrial average and Nasdaq were virtually flat
Falling investment and a weaker trade performance made the euro zone economy contract in the third quarter, data showed, confirming the bloc's first recession as the European Central Bank meets to discuss
The Bank of England released the following statement on Thursday after the bank cut rates by 100 basis points to 2.0 pct. THE STATEMENT The Bank of England's Monetary Policy Committee today
Falling investment and a weaker trade performance made the euro zone economy contract in the third quarter, data showed, confirming the bloc's first recession as the European Central Bank meets to discuss
President Nicolas Sarkozy unveiled a 26 billion euro ($32.9 billion) stimulus plan for the faltering French economy on Thursday, targeting investment projects rather than directly aiding consumers. France is the latest European
