Canadian teen pop star Justin Bieber collapsed on stage from shortness of breath during a performance in London on Thursday, representatives for the singer said. "(Justin's) heading to the doctor now," Bieber's spokeswoman Melissa Victor told Reuters at midnight local time. "He fainted and took a 20-minute reprieve and was given oxygen." Bieber, 19, returned
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The dollar touched a fresh 3-1/2-year peak against the yen and Asian shares rose on Friday, as gains in U.S. stocks on solid data and Chinese exports beating forecast underpinned investor risk sentiment while denting demand for safe-haven gold. European markets are seen edging higher, with financial spreadbetters predicting London's FTSE 100, Paris's CAC-40 and
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Greek banks will get an extension of a few weeks to an end-April deadline to complete a vital 27 bln euros cash recapitalisation, two senior bankers said on Thursday. Greek banks were lobbying to ease the terms on the cash injection, arguing that unless terms are loosened they will deter private sector investors and leave
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European Central Bank President Mario Draghi urged the new Cypriot government on Thursday to look at how it is combating money laundering. Euro zone finance ministers pledged this week to agree a bailout for Cyprus, hit primarily by its exposure to Greek debt, by the end of March, but details of how the rescue will
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Fitch Ratings expects that the latest consolidation move in the Greek banking sector, involving the two largest banks, National Bank of Greece and Eurobank Ergasias, will prove beneficial to the new group's credit profile in the medium term, assuming achievement of synergies. However, in the near term, the risks may outweigh benefits, the rating agency
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By Fiona Mullen, Director, Sapienta Economics Ltd (6 March 2013) On February 25 Gazprom’s Marketing & Trading arm signed a heads of agreement with Levant LNG Marketing Corporation to export liquefied natural gas (LNG) from Israel’s Tamar gasfield. The LNG, to be produced using a floating LNG plant, a fairly new technology, will be sold
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Cypriots are more likely to use the European Citizens’ Initiative than any other Europeans, according to the November Eurobarometer. The results of the Eurobarometer were presented Thursday at the EU House in Nicosia. According to the results, Cypriots are the first among the EU 27 who would like to know more about their rights as
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An Italian court sentenced ex-prime minister Silvio Berlusconi on Thursday to one year in jail over the publication by his family's newspaper of a transcript of a leaked wiretap connected to a banking scandal in 2006. Italian justice system rules mean that the 76-year-old media billionaire would not have to serve any jail time until
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Air France is forming the biggest ever all-female crew to celebrate International Women’s Day on Friday, with 2 pilots and 22 stewardesses on board flight AF054 to Washington, operating the Airbus A380 superjumbo with 516 passengers. Air France has celebrated International Women’s Day for several years. All-female flight crews often operate at various times of
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The Finance Minister of Luxembourg Luc Frieden said it was necessary to take a decision to support Cyprus the soonest possible, in order for the Eurozone not to face a crisis, similar to the one with Greece. Speaking to RTL Radio Letzebuerg, Frieden said that “the more discussions last, the more uncertainty is mounting” and
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