Sterling fell to its lowest in weeks against the dollar and the euro on Tuesday on expectations that Bank of England chief Mark Carney will reaffirm his dovish policy credentials in a keynote speech. Many market players anticipate that, in a speech in Nottingham on Wednesday, Carney will look to rein in the sharp rise
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Uncertainty about the possibility of military action against the Syrian government lifted oil towards a five-month high on Tuesday and undercut share prices and spurred demand for safe-haven assets like the yen. Dealers said the moves, spurred by reports from Washington that a strike may be imminent, were not massive as investors are waiting to
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A pick-up in manufacturing drove German business sentiment to its highest level in 16 months in August, adding to evidence that Europe's largest economy is bouncing back from a brief slowdown. The Ifo think-tank said on Tuesday its business climate index, based on a monthly survey of some 7,000 firms, rose to a better-than-forecast 107.5
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The biggest music event for charity this year, the Ultimate Music Festival featuring the best rock and reggae performers in Cyprus, will be held in Larnaca on the weekend of September 7-8. Act Big, in cooperation with 'One Dream, One Wish' foundation and Larnaca Municipality are organising the event to be held at the Pattichion
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Serbia’s B1 government bond rating incorporates the government's relatively high fiscal deficits and rising government debt burden, as well as the economy's uncertain growth prospects, while debt-servicing costs are vulnerable to exchange-rate fluctuations, Moody's Investors Service said in annual credit report. The rating, which carries a stable outlook, also incorporates the institutional and economic benefits
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Forex Time Ltd (FXTM), the forex broker founded by Andrey Dashin just under eight months ago, has already won the ‘Best Newcomer 2013’ by the World Finance Awards, http://www.worldfinance.com/awards/foreign-exchange-awards-2013 . The annual World Finance Awards were created in 2007 to identify industry leaders, individuals, teams and organisations that represent the benchmark of achievement and best
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Etihad Airways, the national airline of the United Arab Emirates, has introduced major changes to its Australian operations, including new aircraft, new routes, additional flights and new airport facilities. Speaking in Sydney at the CAPA Australia Pacific Aviation Summit, James Hogan, President and CEO of Etihad, said Australia was a key and long-term market for
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The competitiveness of Cyprus as an international business center and prospects for Russian companies and investors in the light of recent developments in Cyprus’ economy, will be discussed during a conference organized by the Cyprus-Russian Business Association (Cyprus Chamber of Commerce and Industry) on 19 September. The conference, titled "The Future of Cyprus for Russian
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ESET, a global pioneer in proactive digital protection, has topped a survey of 16 security products tested in the latest AV-Comparatives Anti-Phishing Report, thus securing the “Advanced+” mark. ESET Smart Security has blocked 99%, of the phishing websites and did not record any false positive alarm. “In the test scenario, AV-Comparatives simulates the common situation
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Turkey would join any international coalition against Syria even if a wider consensus on action cannot be reached at the U.N. Security Council, Foreign Minister Ahmet Davutoglu was quoted as saying on Monday. "We always prioritise acting together with the international community, with United Nations decisions. If such a decision doesn't emerge from the U.N.
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