Cyprus Stock Exchange extends trading hours

The Cyprus Stock Exchange Council announced its extending the closing time of its Markets, so that from Monday 29/9/2008 they close at 17:20 instead of 17:00. The extension will be effective for

World leaders recommit to poverty goals

By Lesley Wroughton (Reuters) World leaders recommitted themselves to reducing global poverty, pledging an estimated $16 billion in aid, but France said rich countries were strapped by a spreading crisis in financial

U.S. bailout in chaos, government seizes WaMu

Talks on a $700 billion rescue for the U.S. financial system fell into chaos on Thursday amid accusations Republican presidential candidate John McCain scuppered the deal, and U.S. authorities closed Washington Mutual

Bush pushes bailout plan

President George W. Bush will press for agreement on a massive bailout of U.S. financial firms on Thursday in an emergency meeting with lawmakers, including the two men battling to succeed him.