Ivory Coast striker Didier Drogba will leave Chelsea when his contract expires in June, the Premier League club said in a statement on Tuesday. Drogba, 34, joined Chelsea from Olympique Marseille in 2004 and scored 157 goals in 341 appearances for the club.
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World shares gained for a second day on Tuesday on increasing speculation of fresh action to tackle Europe's debt crisis at an informal talks later this week, even as the euro fell on skepticism much would come of the meeting. European shares gained more than 1 percent and Wall Street opened higher. Bond prices fell
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Scientists are turning to genetic testing to see if they can prove the existence of the elusive hairy humanoid known across the world as bigfoot, yeti and sasquatch. A joint project between Oxford University and Switzerland's Lausanne Museum of Zoology will examine organic remains that some say belong to the creature that has been spotted
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In a land of ancient myths, modern Greeks have created some of their own about their near-bankrupt country's future as an integral part of a Europe that will never kick them out. Solemn warnings from abroad that Athens cannot stay in the euro while rejecting the terms attached to the billions offered to pull Greece
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Fitch Ratings Agency has taken negative rating actions on Cypriot banks ratings endorsement policy. According to Fitch Ratings, it has placed Bank of Cyprus (BOC), Cyprus Popular Bank (CPB) and Hellenic Bank's (HB) Long-term Issuer Default Ratings (IDRs) and Support Rating Floors (SRFs) of 'BB+' and Support Ratings of '3' on Rating Watch Negative (RWN).
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The two World Wars will be the subject of a symposium organized by the House of Representatives on Wednesday, with the participation of veterans, survivors and academics from Cyprus and Greece. Entitled “World War I – World War II. 10 years of horror, 81 million lives perished”, the symposium comes a few days after the
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Cyprus University of Technology (CUT) has become a constantly growing living cell within Limassol town, CUT Rector Elpida Keravnou Papailiou has said. In an interview with CNA shortly after the University became autonomous, Keravnou notes that CUT Senate and its Board have to face new challenges as a result of the current financially difficult period.
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* Euro vulnerable, eases below $1.28 vs dollar * Oil keeps gains, gold slips as euro weakens * European shares likely to rise Markets extended gains in Asia on Tuesday with investors hunting for bargains in shares beaten down to 2012 lows late last week, as hopes grew that Europe could agree on fresh action
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* Industry players gather in Macau for G2E Asia gaming conference * Focus on Asia casino build-out as China growth slows * Macau's May revenues likely to see notable slowdown, says analyst Gaming executives and industry players gathering for a convention in Macau on Tuesday may have to finally confront what they have been predicting
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In the run-up to Facebook's $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank's consumer Internet analyst, Scott Devitt, was reducing his revenue forecasts for the company. The sudden caution very close to the huge initial public offering, and while an investor roadshow
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