Bernanke backs quick U.S. fiscal stimulus

Federal Reserve Chairman Ben Bernanke on Thursday threw his support behind efforts to craft a fiscal stimulus package and repeated that the U.S. central bank was ready to act aggressively to counter

US housing starts at slowest since 1991

NEW YORK (Reuters) – Ground-breaking on new U.S. homes last month fell to the slowest pace since 1991 and fewer building permits were issued than any time since 1993, according to government

OPEC chief in Cyprus for talk on oil

The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Abdalla Salem El-Badri, arrived in Cyprus last night as a guest of the Nicosia Chamber of Commerce and Industry to

BT completes acquisition of 68.6% of Net2S SA

BT announced that it has completed the acquisition of 68.6% of Net2S SA’s outstanding issued share capital from four controlling founding shareholders at a price of €5.27 per share. The deal values

Motorola concludes control of Vertex Standard

Motorola, Inc. announced that its subsidiary, MI, Inc., has successfully completed its tender offer to acquire a controlling interest in Vertex Standard Co., Ltd. of Japan, a global provider of 2-way radio