Voting for the Oscars is going electronic for the first time in a move that will speed up the process and could give an boost to younger, edgier movies. The Academy of Motion Picture Arts and Sciences said on Tuesday that a new online voting system will be used for the first time in its
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Berlin, not Brussels, will decide the future of the ailing eurozone because Germany's economic power and its status as the European Union's main paymaster give it an effective veto over key decisions. So it comes as a surprise to find that in Berlin's corridors of power, the main worry is not whether Greece sticks to
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British online fashion retailer ASOS said it would make year profit forecasts after it maintained a heady rate of sales growth in its fourth quarter, buoyed by strong trading in overseas markets such as the United States and Australia. The retailer, which targets young women looking to emulate the designer looks of celebrities like Alexa
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Germany is the only EU member state, which shows a trade surplus with China in the first six months of 2012, despite the fact that the EU27 international trade in goods with China has grown significantly over the last decade. EU27 exports to China rose continuously from 26 billion euro in 2000 to 136 bn
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Republican Mitt Romney's reeling campaign hit more trouble on Tuesday after new video surfaced showing him saying that Palestinians do not want peace and a resolution of their conflict with Israel was not possible. "I look at the Palestinians not wanting to see peace anyway, for political purposes, committed to the destruction and elimination of
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Greece will meet its nominal 2012 deficit reduction targets but faces growing strain because of the deepening recession, Finance Minister Yiannis Stournaras said on Tuesday as pressure grew on international creditors to give Athens more time to catch up. Forecasting that by 2014, the Greek economy would have shrunk by 25 percent since the start
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A French court on Tuesday banned a gossip magazine from further publishing topless photographs of the wife of Britain's Prince William, the former Kate Middleton, and ordered it to hand the pictures over to the royal couple. The injunction granted to the Duke and the Duchess of Cambridge, as the couple are formally known, also
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British house prices, at least those outside London, won't rise for at least another year as unemployment stays high and bank lending conditions remain restrictive, a Reuters poll forecast on Tuesday. Average home prices, which fell a fifth in just two years from their peak in 2007, will slip a little over 1 percent this
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**Both Greek and Turkish Cypriots spending less** Card spending over the Green Line has shrunk in both directions so far this year, according to analysis of data provided by JCC Payment Systems. Cumulative card spending by Turkish Cypriots (defined as Turkish credit cards) dropped by 1.6% in January-August to EUR 11.34 mln, from EUR 11.53
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Tourism arrivals climbed by 7.9% in the key month of August, reaching 363,573 compared with 337,013 in August 2011. The biggest increase among larger markets was Russia, with arrivals rising by 55.5% compared with the same month of the previous year to 79,291 in August 2012. Russia is the second largest market after the UK.
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