Real estate executive Hersch Klaff is one of the bidders for the Chicago Cubs baseball team in an auction that could top $1 bln, a source familiar with the process said. Klaff,
The Dow briefly turned negative and the S&P 500 pared gains to trade little changed on Monday as Merck & Co led a slide in the shares of pharmaceutical companies, offsetting gains
Facebook Inc. is making sweeping changes to the world's largest social networking site, aiming to give users more control and to curb new forms of spam, company officials said late on Sunday.
The establishment of a joint representation office for Cyprus and Malta, in the city of Ramallah at the Palestinian territories, will be the main issue of the talks Cypriot Foreign Minister Marcos
Archbishop of the Church of Cyprus Chrysostomos II, has expressed satisfaction with the outcome of his official visit to Russia. Speaking yesterday at Larnaca airport, on his return from Russia, Archbishop Chrysostomos
Cyprus has protested to the United Nations new violations of its national airspace by military aircraft of the Turkish Air Force during yesterday’s celebrations in the Turkish- occupied areas of the Republic,
Oil rose back above $130 a barrel on Monday after its biggest one-week slide on record, supported by inconclusive talks at the weekend between Iran and world powers over Tehran's nuclear program.
U.S. index futures point to a weak start on Wall Street. Futures for the S&P 500, for the Dow Jones industrial average and Nasdaq are down 0.3%. Genentech will be in focus
Euro seen toppish at 1.5915 The euro up-tick in early European trading on Monday is seen running out of stem at 1.5915, forcing the pair to remain in their tight trading range.
A raft of concerns about the state of the global economy, corporate earnings and the banking system sent European shares lower on Monday, shrugging off large gains in Asia. The dollar was
