Cyprus has during the last years reached unprecedented levels of financial prosperity, Cyprus Commerce, Industry and Tourism Minister Antonis Paschalides said here today, adding that Cyprus can be proud of being famous
Dollar and the euro London interbank offered rate, or Libor, that banks charge each other for three-month loans fell for a fourth day to 4.50% for dollars and 5.08% for euros after
U.S. and Europe Union leaders agreed on Thursday to meet at the weekend to prepare for a global summit to overhaul the world's financial system, while fears of global recession continued to
By Ellen Wulfhorst (Reuters) Busy Wall Street worker Michael Pento used to relax on weekends playing with his 4-year-old son. Now he just laughs wryly at the thought of free time. The
By Teis Hald Jensen (Reuters) In times like these, no one is immune to depression. But surveys show the Danes are the happiest people in the world, and a core factor is
China Premier Wen Jiabao pledged to help Pakistan overcome its economic troubles, Chinese state media reported on Thursday, though details of the assistance were not disclosed. Pakistani President Asif Ali Zardari was
The first phase of activities for the infrastructure and urban upgrading in Kampyli village in the Turkish occupied areas of Cyprus has been completed, focusing on the modernisation of the water system
The number of infections caused by fake antiviruses continues to increase rapidly because the current economic crisis is forcing cyber-crooks to become more ingenious. The creators of these programs only have one
The Turkish banking system is continuing to exhibit healthy profitability and mostly solid asset quality on the back of a growing though slowing economy, Moody's Investors Service said in its new Banking
The fundamental credit outlook for the Dutch insurance industry is negative, reflecting the absence of growth opportunities in the non-life segment, uncertainties surrounding the health segment and the negative prospects for the
