European shares were up by midday on Wednesday, led by the banking sector as Deutsche Bank rose on hopes it will issue a strong outlook on Thursday and commodities tracked crude and metal prices higher. By 1139 GMT the pan-European FTSEurofirst 300 index of top European shares was up 0.65 percent at 797.03 points. "Financials
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World stocks put in modest to strong gains on Wednesday with emerging markets leading the field as investors showed tentative confidence that the global economy will begin to improve. The dollar was slightly firmer against a basket of major currencies. European shares were generally higher with the pan-European FTSEurofirst 300 gaining 0.4 percent. Earnings results
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The online networking site MySpace has identified and barred some 90,000 registered sex offenders from using the site over the last two years, MySpace revealed to an investigative task force on Tuesday. The "shocking" number was 40,000 more than MySpace had previously acknowledged, according to Connecticut Attorney General Richard Blumenthal, a co-chairman of the task
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U.S. Internet search company Google Inc released software on Wednesday that allows users of mobile phones and other wireless devices to automatically share their whereabouts with family and friends. Users in 27 countries will be able to broadcast their location to others constantly, using Google Latitude. Controls allow users to select who receives the information
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Many people have sent an email while angry, exhausted, inebriated or just by mistake that they later regretted. Now, Google has a way to help protect you (and others) from such a faux pas. As part of its quest to attract users to its Gmail service, the Internet search company has introduced dozens of features,
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Japan's Panasonic Corp, the world's No.1 plasma TV maker, warned it would post an annual loss of $4.2 billion and said it would cut 15,000 jobs as it grapples with a stronger yen and slowing demand. The maker of Viera flat TVs and Lumix digital cameras joins a growing list of electronics makers stepping up
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The leaders of the two communities in Cyprus, President of the Republic of Cyprus Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat, will hold their 18th meeting on Wednesday, in the framework of the UN-led direct negotiations, which began last September with a view to reach a solution of the Cyprus problem. During the
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Cyprus' Permanent Representative to the UN Minas Hadjimichael handed over on Tuesday to President of the UN Security Council Sanctions Committee, Japanese Ambassador Yukio Takasu, the findings of the inspections on the Cypriot-flagged ship ''Monchegorsk.'' According to a press release issued earlier on Tuesday by the Cypriot Ministry of Foreign Affairs, a team of experts
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Cyprus President Demetris Christofias assured today that his government will not impose any new taxes, after announcing a new package totaling nearly 300 million euro, the second set of measures the government has introduced in a bid to boost the economy amid the global financial crisis. Last November the government announced a 52-million euro package
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A rise in China's official manufacturing index coupled with a surge in bank lending to feed optimism on Wednesday that the world's third-largest economy may soon be on the road to recovery. Central bank chief Zhou Xiaochuan said that government pump priming had scored early successes but remained wary with risks of bad loans and
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