If money makes the world go round, corporate leaders must feel like their heads are spinning. Simultaneously facing a credit crisis, a global collapse in demand and plunging stock prices, U.S. multinationals
Electronics makers Sony and Samsung provided new evidence that the global financial crisis is feeding through to businesses and consumers with gloomy earnings forecasts sending Asian stocks sharply lower. Shares in Japan
Asian stocks fell on Friday, led by a 4 percent drop in Japan's Nikkei, as the global economic slowdown slashed earnings prospects for an array of companies, forcing investors to look to
Incoming EU president the Czech Republic said on Thursday that French plans to beef up the group of countries sharing the euro would divide the union rather than strengthen it. And a
European stocks rose briefly in late afternoon trade on Thursday, as gains in oil shares and a rally on Wall Street helped to overshadow investors' nagging concerns about a looming recession. At
Cyprus shares plunged on Thursday, joining the global stock market demise, with the CSE Main/Parallel index closing at 1437.71 points, a loss of 6.14% on the day on total volume of EUR
Taking into account the fact that the Athens Stock Exchange has changed the starting time of its sessions to 10.15 am as well as the operation of the CSE-ASE Common Platform, the
Piraeus Bank and Proton Bank said their boards had agreed to cancel a share swap agreement, after Proton said it would take part in a government bank rescue plan. "Piraeus Bank's board
A five-member delegation under Education and Culture Minister Andreas Demetriou represented Cyprus at the official inauguration of the Large Hadron Collider (LHC) at CERN on 21 October. European Science and Research Commissioner
By Tim Gaynor (Reuters) If you believe the media hype, there are millions of homes for sale in America and not a buyer in sight. But one person's dead market is another's
