Oil falls to $112 after storm moves on

Oil prices fell to around $112 on Tuesday after a tropical storm in the Gulf of Mexico avoided oil and gas installations. U.S. crude was 54 cents lower at $112.33 a barrel

Greek Deputy Foreign Minister visits Cyprus

Greece’s Deputy Foreign Minister Theodoros Kassimis will attend a meeting of overseas Cypriots, who gather annually on the island to discuss various issues that concern them, in particular the question of Cyprus.

Overheated iPod nano caused fires

Japan's trade ministry said on Tuesday that three fires had been caused by overheating Apple iPod nanos, which it said could be due to a battery defect. No one was injured in

Home Depot posts higher-than-expected profit

Home Depot Inc, the world's largest home improvement retailer, reported higher-than-expected quarterly profit on Tuesday as it held down costs and consumers took on spring projects. Earnings declined to $1.2 bln, or