Britain's FTSE 100 gained 1.5 percent by midday on Wednesday as defensives forged higher and a grim inflation report from the Bank of England spurred investors' hopes of seeing further interest rate
British unemployment rose to its highest level in more than a decade in the three months to September as the economy tips into recession, official data showed on Wednesday. The Office for
The world is not about to run out of oil, but there is a risk its reserves may not be exploited fast enough to meet global demand growth in the years ahead,
The front cover of the New Yorker magazine this week said it all: a tiny patch of blue light at the end of a deep, dark tunnel. For Democrats in America, Barack
Among a group of thinkers who predicted the credit crunch in 2003, the London-based New Economics Foundation is now advancing radical proposals on ways to rebuild the British economy. In its overview
By Ross Colvin (Reuters) President-elect Barack Obama has vowed to help middle-class U.S. homeowners facing foreclosure, but he has said little about how he will help low-income families made homeless by a
By Lesley Wroughton (Reuters) As world leaders meet this weekend to shore up the global financial system, one of its original architects says the 64-year-old system is not the problem. Jacques Polak,
Asian shares fell for a second day on Wednesday and oil prices hovered near a 20-month low as poor corporate earnings highlighted the damage from the global economic slowdown on companies and
The Republic of Cyprus and the Russian Federation have signed a Protocol on Economic Cooperation to further existing ties of friendship between the two countries and to enhance cooperation in the finance,
President of the House of Representatives Marios Karoyian arrived this morning in Yerevan for a two-day official visit to Armenia, at the invitation of the President of the National Assembly of the
