Six U.S. governors and a group of chief executives on Thursday urged the Bush administration to aid the embattled auto industry while the White House rebuffed a request for direct support of
The Nikkei average dropped 5 percent on Friday after the Bank of Japan cut interest rates for the first time in seven years, though the cut was by a split vote and
Asian shares dipped on Friday and headed for their biggest ever monthly fall, but optimism that a new round of interest rate cuts may revive a comatose global economy helped many indexes
A divided Bank of Japan cut interest rates for the first time in seven years on Friday, under government pressure to join the global response to the worst financial crisis in 80
Two of Europe's big banks used newly relaxed EU accounting rules to boost their profits while a top executive said he saw no light at the end of the financial crisis tunnel.
Research and development activity is inching up from a low base, according to the results of the ad hoc survey carried out by the Statistical Service for the collection of data on
The U.S. economy shrank at a 0.3 percent annual rate in the third quarter, its sharpest contraction in seven years as consumers cut spending and businesses reduced investment in the face of
The proportion of households in the Republic of Cyprus with broadband access to the internet leapt in in 2007 according to the latest information society statistics from the Statistical Service. Broadband connections
Options Cassoulides Plc announced that the nine-month results 2008 will be lower compared to the corresponding results of 2007. The decline is attributed to the increased expenses in the sector of conferences
Industrial production fell over the year-earlier period in August, with the index of industrial production index reaching 92.9 (base 2000=100), which was 2.6% lower than in August 2007. For the period January
