Greece's finance minister said on Wednesday that his country had been given additional time by its international lenders to impose its austerity cuts, an assertion played down by leading EU officials. European paymaster Germany said the EU would only decide on the matter after receiving a report on Greece's progress from the 'troika' of lenders
More
EU antitrust regulators charged Microsoft on Wednesday with breaking a promise to offer rival browsers to consumers, a step to a possible hefty fine in a long-running dispute that has already cost the software giant more than a billion euros. The world's No. 1 software company promised three years ago to offer browser choices, in
More
Cyprus’s government debt increased by 8.3% during the second quarter of 2012 compared to the first quarter, according to data released Wednesday by Eurostat. According to the Statistical Office of the EU, at the end of the second quarter of 2012 Cyprus` government debt reached 14.939 billion euro or 83.3% of GDP. In the first
More
EU regulators do not have any reason to open an investigation into Microsoft's operating system for tablets, the EU's antitrust chief said on Wednesday. The European Commission said in July it had received complaints that the world's largest software company allowed only its own Internet Explorer browser to be installed on devices running Windows 8
More
Two years after the Stuxnet computer worm attacked its nuclear program, Iran is increasingly turning to cyber warfare itself in a growing, stealthy confrontation with its enemies. While the immediate threat of an Israeli military strike on its nuclear facilities has eased for now, Tehran's rulers are under increasing pressure from crippling sanctions, a collapsing
More
The European Central Bank's new bond-purchase programme will not lead to inflation or compromise the bank's independence, ECB President Mario Draghi told German lawmakers on Wednesday in a detailed defence of his signature policy plan. In prepared remarks for delivery at the beginning of his meeting with the lawmakers, Draghi addressed point by point their
More
Former Societe Generale trader Jerome Kerviel was sentenced to three years in prison for his role in France's biggest rogue-trading scandal on Wednesday and ordered to repay the bank 4.9 billion euros ($6.35 billion). Kerviel, 35, will not go to jail immediately, however, and his lawyer said outside the Paris court that they would study
More
Older women who regularly drunk green tea may have slightly lower risks of colon, stomach and throat cancers than women who don't, according to a Canadian study that followed thousands of Chinese women over a decade. The researchers, whose report appeared in the American Journal of Clinical Nutrition, found that of the more than 69,000
More
Facebook Inc grew mobile advertising revenue several times in the third quarter, a faster-than-expected pace that helped drive shares in the world's No. 1 social network nearly 13 percent higher. Facebook said on Tuesday that it now gets 14 percent of its advertising revenue from mobile ads, helping to reassure investors that the social network
More
For Nevada gaming companies grappling with a weak economy and a splintering market at home, the Asian casino boom has been a godsend. But it has left the Nevada Gaming Control Board facing difficult questions about how to confront the influence of Asian organized crime, both overseas and inside the state. With no full-time staff
More