Two people were injured in separate explosions at the Swiss and Chilean embassies in Rome on Thursday, authorities said. There was no immediate claim of responsibility but the incidents bore similarities to an episode in Greece last month in which far-left militants were suspected of sending parcel bombs to foreign governments and embassies in Athens.
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Arab OPEC ministers began arriving in Cairo on Thursday ahead of talks expected to broach how high an oil price the world economy can stand as the market hovers near two-year peaks above $90 a barrel. A full conference of the Organization of the Petroleum Exporting Countries earlier this month elected to make no change
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New U.S. claims for jobless benefits dipped last week and consumer spending increased in November for a fifth straight month, reinforcing views of a solid economic growth pace in the fourth quarter. Initial claims fell 3,000 to a seasonally adjusted 420,000, the Labor Department said on Thursday, matching economists' expectations. A separate report from the
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Denmark's A.P. Moller-Maersk has agreed to buy oil assets in Brazil from South Korea's SK Energy for $2.4 bln to gain access to current production and growth potential, Maersk said. The Danish shipping and oil group's Maersk Oil unit has agreed with SK Energy to acquire SK do Brasil Ltda. on a cash and debt-free
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Bats Europe's bid for rival Chi-X Europe marks a period of consolidation among the new breed of exchanges, weakened by a fight over market share with traditional bourses. Chi-X Europe and U.S. exchange Bats Global Markets, which owns Bats Europe, said they had "entered exclusive negotiations regarding the sale of Chi-X Europe". They did not
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The Ministry of Finance announces that in order to comply with its EU obligations, zero – rated VAT in a wide range of food, medicine and vaccines will be abolished as of the 10th of January 2011. A press release by the Ministry of Finance says that food, medicine and vaccines, which were taxable with
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Core OPEC ministers began arriving in Cairo on Thursday ahead of talks expected to broach how high an oil price the world economy can stand as the market hovers near two-year peaks above $90 a barrel. A full conference of the Organization of the Petroleum Exporting Countries earlier this month elected to make no change
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Oil prices held above $90 a barrel, close to their highest in two years on Thursday as cold weather boosted demand and U.S. stockpiles shrank while Russian oil pipeline supplies to Europe were partly halted. Unusually cold weather in the United States and Europe has helped to spur the latest leg of a more than
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She may be the ancient Greek Goddess of Love, but a picture of a nude Aphrodite on the new passport of Cyprus has set more than hearts racing. Cypriot diplomats are furious with the interior ministry for failing to consult with the foreign ministry before issuing passports with a depiction of a naked immortal that
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World stocks hit their highest level since September 2008 on Thursday while oil held near a two-year peak as favourable U.S. data reinforced expectations economic growth will retain momentum into next year. Wednesday's upwardly revised data showing the U.S economy expanded at 2.6 percent in the third quarter, coupled with recent retail sales figures, pointed
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