Greece's economic growth slowed to around 3.3 percent in the second quarter as it succumbed to a global slowdown, the finance minister said, prompting doubts over whether it would make a target
LONDON, July 29 (Reuters) – Oil rose above $125 a barrel on Tuesday as disruption to Nigerian output raised supply concerns, but signs of weakening U.S. demand limited gains. Royal Dutch Shell
LONDON, July 29 (Reuters) – Approvals for new home loans in Britain fell to a record low in June, Bank of England data showed on Tuesday, pointing to further sharp falls in
World stocks hit a two-week low on Tuesday after Merrill Lynch said it would take a $5.7 billion writedown to offload toxic debt, upsetting investors already nervous about the health of the
Cyprus’s cultural week as part of the “European Cultural Month” organized by the French presidency of the EU was launched on Monday in Paris. Ten Greek Cypriot and two Turkish Cypriot artists
Bank of Cyprus Public Company Ltd announced that in relation to the issue of Convertible Bonds 2013/2018 (the “Convertible Bonds”), as at close of business on 28th July 2008 the Bank had
Merrill Lynch & Co said it will take a $5.7 billion third-quarter write-down as it unloads huge amounts of risky debt, and will raise $8.5 billion by selling new stock. The Wall
Asian stocks fell sharply on Tuesday, after Merrill Lynch, the third-largest U.S. investment bank, said it would take a $5.7 billion write down related to bad debt, draining confidence in the unstable
A strike by about 4,000 Lufthansa cabin and ground staff over pay caused only minor disruption in Germany on Monday but a number of European flights were likely be cancelled on Tuesday,
The Bush administration on Monday projected the U.S. budget deficit will soar to a record of nearly half a trillion dollars in fiscal 2009 as a housing-led economic slowdown cuts into government
