Thousands of Greeks took to the streets of Athens on Wednesday during a nationwide strike against wage cuts and high taxes that kept ferries stuck in ports, schools shut and hospitals with only emergency staff. Beating drums and chanting "Robbers, robbers!" more than 60,000 people marched to parliament in the biggest anti-austerity protest so far
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One of the most powerful figures on the global wheat market, Nomani Nomani, said on Wednesday he has left his job as vice chairman of Egypt's state grains buyer GASC, at a time when the country is struggling with falling foreign currency reserves. For more than three years he has overseen strategic buying for the
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U.S. stock index futures were little changed on Wednesday, ahead of data on the housing market and inflation, as well as minutes from the Federal Open Market Committee's January meeting. Housing starts and permits for January along with the January producer price index are due at 8:30 a.m. (1330 GMT). Economists in a Reuters survey
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Pirates who kidnapped six foreign sailors from an oil servicing vessel off the Nigerian coast on Sunday are demanding 200 mln naira ($1.3 mln) for their release. One Russian, three Ukrainian and two Indian sailors were taken when gunmen stormed the Armada Tuah 65 km off the coast of oil-producing Bayelsa state. The vessel is
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Organisers are about to close the entries for the annual British Businesswoman of the Year Awards in Cyprus that will be announced during a prize-giving ceremony at Elea Golf Estate in Paphos on Friday, March 1. Judges are searching for British female entrepreneurs who have significantly contributed to the professional and arts communities in Cyprus,
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Yiorgos Lillikas, the candidate with the third-best results in Sunday’s first round of the presidential elections with a quarter of the votes, is expected to launch a new centre party within the next few months, incorporating the socialist Edek and outcasts from the centre-right Democratic Party (Diko). This could revive past efforts to merge Edek
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Accusations by a U.S. computer security company that a secretive Chinese military unit is likely behind a series of hacking attacks are scientifically flawed and hence unreliable, China's Defence Ministry said on Wednesday. The statement came after the White House said overnight that the Obama administration has repeatedly taken up its concerns about cyber-theft at
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Britain's leading blue-chip index dipped in early trade on Wednesday as a number of heavyweight firms traded ex-dividend, leaving the FTSE tucked just below 5-year highs hit in the previous session. Ex-dividend factors took around 8 points off the index, enough to take it into negative territory, as Barclays, Carnival, GlaxoSmithKline and Reckitt Benckiser RB.L
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The British government will receive a smaller-than-expected 2.34 bln pound ($3.6 bln) windfall from airwaves auctioned for 4G super fast mobile broadband, in a sale where all existing mobile operators won spectrum. The Treasury had pencilled in proceeds of 3.5 bln from the sell-off, although the total will rise slightly after a final stage of
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Kabel Deutschland intends to hike its dividend by 67% and increase investment as funds became available after plans to buy peer Tele Columbus fell through. Shares in Germany's biggest cable operator rose 2.5% in early trade on Wednesday amid speculation the move could be part of its strategy to deal with a potential bid from
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