Oil dipped to seven week lows on Thursday due to increasing signs that high prices and economic weakness were slowing demand in the world's top consumer United States. Oil has now fallen
Nicosia Municipality in collaboration with the Chinese embassy here will organise on July 29 an event to mark the start of the Beijing Olympic Games next month. The event entitled ''Olympic Games
The European Commission will propose retaliatory measures against the US as of 1 January 2009 if Washington does not include additional EU member states into its Visa Waiver Program (VWP). Cyprus is
European shares extended losses in morning deals on Thursday as worse-than-expected economic data and weak oil stocks weighed on the index. By 0813 GMT, the FTSEurofirst 300 index of top European shares
The euro is approaching key support at 1.5590-1.5615 with minor support a bit higher at 1.5640. It is not clear which of the two will limit the dollar gains. The ifo came
Cyprus President Demetris Christofias has thanked the political parties which support his efforts to begin direct negotiations with the Turkish Cypriot community for a political settlement. Christofias, who is currently having separate
BOULOGNE-BILLANCOURT, France, July 24 (Reuters) – French carmaker Renault on Thursday reported a better than expected first half operating profit margin of 4.1 percent and held on to its margin targets for
Oil prices fell to a seven-week low below $125 a barrel on Thursday as U.S. energy demand was seen reaching a tipping point, sending investors back into Asian stocks for the fourth
Urgent talks to salvage a global trade deal made "some progress" in the early hours of Thursday, ministers said, but officials warned the mood was dark behind closed doors at the World
Currency factors also play a role Moscow is the world's priciest city for expatriate workers and is almost 1-1/2 times as expensive as New York, Shanghai, Amsterdam and Madrid, a report on
