European stock index futures pointed to early losses on Tuesday, adding to the previous session's 6 percent drop as signs of a worsening global slowdown knocked down stocks around the world. At
Australia slashed rates by a full percentage point on Tuesday and Japan's central bank met to consider its response to an acute cash squeeze, kicking off another global push to shore up
Germany will not take part in a "senseless" international competition to spend billions of euros to boost flagging economic growth, Chancellor Angela Merkel said on Monday. Despite heavy criticism from across Europe
London Scottish Bank, a small British lender, said on Monday it had gone into administration after failing to plug a gap in its capital reserves. In a statement, the UK Treasury said
World stocks ended six consecutive days of gains on Monday and oil prices tumbled, boosting flows into the low-yielding yen as data showing slumping manufacturing activity in China and Europe fanned concerns
The European Commission endorsed a set of principles on Monday that banks will introduce in November 2009 to make it easier for customers to switch accounts and find a cheaper service. The
Cyprus's economy is expected to register a slowdown to growth of around 2% in 2009, with inflation seen falling below 3%, Central Bank Governor Athanasios Orphanides said. 'The assessment of the Central
Aspis Holdings (ASP.CY) reported a spectacular increase in profitability during the first nine months of 2008 with net profit attributable to shareholders rising 72% year-on-year to EUR 28.98 mln compared to EUR
On the basis of the results of the Passengers Survey, 98,527 residents of Cyprus returned from a trip abroad in October 2008 compared to 97,131 in the corresponding month last year recording
Sales of petroleum products rose by only 0.8% in January-October 2008, compared with the corresponding period of the previous year, according to the latest figures from the Statistical Service Cystat. Total sales
