Yahoo Inc is partnering with other online music providers as the Internet giant tries a fresh approach to getting an edge in the evolving digital music business. The new version of Yahoo Music, unveiled on Monday, aggregates paid and free music services available on the Internet, allowing Yahoo users to access and interact with the
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Online gaming firm PartyGaming said on Tuesday it had reached an agreement with United States authorities that will protect it from being prosecuted and opens the door to consolidation across the industry. The settlement is in relation to PartyGaming's activities in the U.S. prior to the industry effectively being outlawed by legislation introduced in 2006.
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Asian stocks slid on Tuesday, snapping a five-day rally as concerns about the health of U.S. banks resurfaced, while expectations that Australian rates would not fall much further kept the Australian dollar steady. European stock market futures pointed to a higher open, with investors hoping the U.S. results season will not be so dire. Gloomy
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President of the Republic of Cyprus Demetris Christofias will meet in Cairo, Egypt, on Tuesday his counterpart Hosni Mubarak. President Christofias arrived on Monday in Cairo heading a delegation, for a four-day official visit. After an official welcoming ceremony at the Presidential Palace, President Christofias will meet Mubarak who will later give a lunch in
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More than 63.000 patients were admitted for treatment and discharged from the general hospitals in Cyprus during 2007, according to data released by the Statistical Service of Cyprus, which issued the annual report on “Health and Hospital Statistics” for the year 2007. The report provides statistical information relating to the medical services of the public
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Preparations are on track for June's European Parliament elections in which Cypriots will be called to choose six deputies to represent their country, according to Ministry of the Interior chief election official Demetris Demetriou. In an interview with CNA, he said that a total of 525.000 persons are on the electoral list, 10.000 of whom
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Finance Minister Charilaos Stavrakis announced that Cyprus has been included in the list of countries which meet international standards, set out by the Organisation for Economic Cooperation and Development (OECD). ''In the midst of a global financial crisis, countries are seeking to attract foreign investments and deposits and apply various means to achieve this goal,”
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The developing economies of East Asia and the Pacific face slowing growth this year but the region will remain the world's fastest-growing because of the impact of China's multi-billion dollar stimulus on its neighbours, the World Bank said. Gross domestic product in developing East Asia will expand 5.3 percent this year, according to World Bank
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Toxic debts racked up by banks and insurers could spiral to $4 trillion, new forecasts from the International Monetary Fund are set to suggest, British daily The Times reported on its website without citing sources. The IMF said in January that it expected the deterioration in U.S.-originated assets to reach $2.2 trillion by the end
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Asian stocks slipped on Tuesday, snuffing a five-day rally as uncertainty about U.S. banks pushed dealers to take profits on recent gains, while investors' reduced willingness to take risks lifted the U.S. dollar and yen. Gloomy comments from high-profile U.S. bank analysts overnight, as well as a dark prognosis on the financial system from billionaire
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