OPEC is concerned by unrest in Egypt but sees no need for an immediate boost in its output as there is no shortage of oil, the group's top producer Saudi Arabia and its leading official said on Monday. Oil prices have spiked following tension in Egypt. Brent crude is near $100 per barrel on fears

Euro zone inflation jumped more than expected in January, rising well above the European Central Bank's target in what is likely to fuel market speculation the ECB might have to raise interest rates sooner than thought. The European Union's statistics office Eurostat estimated on Monday that consumer prices in the 17 countries using the euro

Moody's Investors Service cut its rating on Egypt's debt on Monday on concern about its public finances, becoming the second credit agency to turn negative since the country was plunged into political crisis. Moody's said the one-notch downgrade, to Ba2 from Ba1 with a negative outlook, was prompted by a significant rise in political risk

Global fish consumption is on the rise as people increasingly look for healthy and nutritious food while about a third of world fish stocks need to be rebuilt and irregular fishing reined in, the United Nations said on Monday. Fish consumption rose to a record 17.2 kg per person per year in 2009 and would

Cyprus prepares to receive foreign citizens evacuated from Cairo, Egypt, due to the unrest caused by mass protests against the declining financial conditions and the regime of President Hosni Mubarak. Adamos Aspris Spokesman of Hermes Airports told CNA that officials from the Cypriot Foreign Ministry, the Civil Aviation Department, the heads of Hermes Airports and

Total registrations of motor vehicles, decreased by 12.5% to 44.025 in January – December 2010, from 50.291 vehicles in the same period of 2009. According to a report of the Republic’s Statistical Service, entitled ''Registration of Motor Vehicles'' for the period January-December 2010, one of the main developments during 2010, compared to 2009 was also

A greater percentage of people at high risk for heart disease keep up their exercise and diet programmes when they get group telephone counseling, according to a study. Everyone in the group of nearly 700 patients in the study, published in the American Journal of Cardiology, saw doctors who evaluated their health and got advice

Scientists have shown how an "artificial pancreas" can help pregnant women with type 1 diabetes and say their finding could significantly reduce cases of stillbirth and death among diabetic expectant mothers. British researchers used a so-called "closed-loop insulin delivery system" or artificial pancreas, in 10 pregnant women with Type 1 diabetes and found it provided

– Chartered Chinese, Japanese aircraft bring out nationals – U.S., Turkey offer to evacuate citizens  – Some foreign companies fly out expatriate staff  – Russian, German tourists on Red Sea continue holidays   Governments took steps on Monday to whisk their nationals out of Egypt on chartered or scheduled aircraft as demonstrators pressed their mass

Egyptian protesters were camped out in central Cairo on Monday and vowed to stay until they had toppled President Hosni Mubarak, whose fate appeared to hang on the military as pressure mounted from the street and abroad. "The army has to choose between Egypt and Mubarak," read one banner in Cairo's Tahrir Square, where demonstrators