Apple expects to sell 3.5 mln iPhones in Russia in the next two years, according to market sources familiar with new deals being struck by Russian carriers. Up to 600,000 iPhones have
European Central Bank President Jean-Claude Trichet on Saturday defended central bank responses to the financial turmoil that has roiled global markets for the past year and warned the storm is not over.
The U.S. dollar rose broadly on Monday, hitting a two-year high against sterling, as a downtrend in oil and gold prices left investors scurrying to buy back the currency, sparking a rebound
The Cyprus Tourism Organisation (CTO) has announced the opening of a new air connection between Larnaca airport and the Birmingham International Airport by the “Monarch Airlines”, next spring. According to an announcement,
Federal Reserve Chairman Ben Bernanke on Friday called the U.S. inflation outlook "highly uncertain," and said central bank policy-makers would do what they must to preserve price stability. At the same time,
Warren Buffett said the economy is still in a recession and unlikely to improve before 2009 but that stocks appear better valued than a year ago. The billionaire investor also said there
European shares extended gains to hit their day's highs in afternoon trade on Friday as financial stocks rose further and Wall Street notched up early advances. At 1352 GMT, the FTSEurofirst 300
Stocks added to gains on Friday after Federal Reserve Chairman Ben Bernanke said the recent decline in commodity prices and stabilization of the U.S. dollar were encouraging. The Dow Jones industrial average
European shares rose by midday on Friday, lifted by a rebound in financial stocks on the prospect that U.S. investment bank Lehman Brothers might be bought, while oil eased below $120 a
Stock index futures jumped on Friday after investor Warren Buffett said he has no bets against the dollar and stocks are more attractive now than a year ago. In his comments in
