European shares fell to their lowest close since mid-2003 on Friday, with investors rattled by official data that showed that Europe's economy was plunging into a recession. The FTSEurofirst 300 index of
Cyprus shares ended 7% lower on Friday, joining their peers around the world in diving to record new lows as the plunge in share prices showed no signs of easing. The CSE
The Central Bank of Cyprus announces the issue of a silver collector coin in proof condition, with a nominal value of EUR5 and year of issue 2008. The issue is to commemorate
The Founding General Assembly Meeting of the Cyprus-Czech Republic Business Association took place in Nicosia, with the participation of entrepreneurs. The Cyprus Chamber of Commerce and Industry said the establishment of the
Even as markets tumbled around them, Asian and European leaders expressed confidence on Friday that they could overcome the deepest global financial crisis in more than 70 years. Opening a two-day Asia-Europe
The world financial crisis may be hurting the West but Iranian officials should not revel in the woes of their opponents because Tehran is also being hit by falling oil prices, a
Russia's stock market lost over a tenth of its value on Friday, hitting its lowest levels since late 2004 as a further oil price fall cast fresh doubts over Russia's ability to
Global stock markets plunged on Friday and currency markets were hit by a flight from risk as economic decline and corporate damage gripped investors. Wall Street stock index futures, pointing to large
An emergency OPEC meeting on Friday reached swift agreement to chop production by 1.5 million barrels per day (bpd) as a first step towards halting a deep oil price slide. International benchmark
Britain's top share index tumbled 7 percent, touching its lowest in 5-1/2 years by midday on Friday, headed by energy stocks as weak growth data further deepened the gloom surrounding the UK
