Oil rose by more than a dollar on Thursday as a number of U.S. refineries remained shut because of hurricane disruption and ahead of U.S. government data excepted to show falls in
President of the Republic of Cyprus Demetris Christofias, who is in Sweden on a two-day visit, begins his contacts on Thursday during which he will have consultations with Prime Minister Fredrik Reinfeldt.
Asia will continue to deliver strong growth in the mobile phone market due to sustained demand from China and India, the world's two biggest markets of such services, industry officials said. But,
Microsoft Corp said on Wednesday it plans to cut the U.S. prices of its Xbox 360 video game machine, lowering the price of its entry-level console to $50 below Nintendo Co Ltd's
The U.S. service sector likely shrank modestly in August, as a pullback in consumer spending pinched retailers and other non-manufacturing industries for a second straight month. The Institute for Supply Management's index
Major U.S. retailers are expected to post softer August sales as consumers spent less on back-to-school items, with the results helping to set analysts' expectations for the all-important holiday season. Top retailers
Commodity market regulators are probing whether energy market players are injecting false crude oil supply data into the marketplace, the Wall Street Journal said. Regulators are concerned that companies may be reporting
BP is close to a deal with its oligarch co-owners of TNK-BP that would see board changes at the Russian oil major, the departure of TNK-BP's BP-nominated chief executive, and which could
Marfin Popular Bank (CPB.CY) announced the completion of the acquisition of a 50.04% stake in RPB-Holding, the parent company of the Russian bank OOO Rossiysky Promyishlenny Bank (“Rosprombank”) for EUR 83 mln.
Around 51 thousand pupils returned to schools on Thursday as primary and pre-primary schools opened in the southern government controlled areas of Cyprus. Students of tertiary and technical education will begin their
