The CySEC announced that at its board meeting on 24 November 2008 it decided, upon a request from Costakis Loizou to grant an exception from the obligation to make a mandatory takeover
Anti-government protesters lifted their crippling, eight-day blockade of Bangkok's main airport on Wednesday, raising the hopes of 230,000 stranded tourists, even though there is no end in sight to Thailand's political crisis.
OPEC will cut oil output at its next meeting on Dec. 17 in Algeria, Qatar's oil minister said on Wednesday. "For sure we will cut in Oran (Algeria)," Abdullah al-Attiyah told reporters
Asian stocks and oil rebounded on Wednesday from recent sell-offs, but low-risk assets such as U.S. Treasuries also retained their lustre despite offering the lowest yields in decades amid worries about the
Stocks rose on Tuesday as investors snapped up beaten-down shares after Monday's steep sell-off and news that General Electric would maintain its dividend helped buoy sentiment. GE shares climbed more than 9
UK mortgage lending in 2009 will remain below 2007 levels, despite government pressure on banks to match last year's lending volumes, the head of Britain's mortgage industry association said on Tuesday. Michael
U.S. automakers started to submit plans demanded by Congress as the Big Three's CEOs and lawmakers gird for debate over a $25 billion bailout the industry says it needs to survive. Under
President of the Republic Demetris Christofias, highlighting the sovereign rights of the Republic of Cyprus and his own right to sign agreements with other countries, answered in writing on Tuesday to the
Nokia launched a flagship phone to update its aging high-end offering, but analysts said the device would not be enough on its own to help the world's top mobile phone maker recover
The U.S. Federal Communications Commission is likely to consider a plan this month to auction public airwaves with a mandate that the winning bidder set aside some for free Internet nationwide, a
