By Mark Trevelyan LONDON, July 15 (Reuters) – Prices charged by cybercriminals selling hacked bank and credit card details have fallen sharply as the volume of data on offer has soared, forcing them to look elsewhere to boost profit margins, a new report says. Researchers for Finjan, a Web security firm, said the high volumes
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LONDON, July 15 (Reuters) – European stock index futures pointed to steep falls at the open on Tuesday, tracking hefty losses in Asian and U.S. markets as investors worldwide fretted about a financial sector stricken by a credit crisis. At 0604 GMT, futures for the Eurostoxx 50, Germany's DAX and the French CAC 40 were
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Asian stocks fell to a two-year low on Tuesday as investor confidence waned in the region's financial sector, which faces high inflation, a stricter lending environment and massive volatility from overseas markets. The U.S. dollar fell towards a record low against the euro as traders worried about the stability of the financial system despite the
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LONDON, July 15 (Reuters) – British telecoms group BT plans to invest 1.5 billion pounds ($3 billion) to roll out super-fast broadband to up to 10 million UK homes by 2012, it said on Tuesday. The operator said that it will suspend its share buyback programme with effect from July 31, given the strategic priority
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ATHENS, July 15 (Reuters) – One person was killed in an accident after a magnitude 6.3 earthquake struck off the island of Rhodes in southeast Greece, officials said on Tuesday, but there were no other reports of casualties or damage. The quake occurred about 70 kilometers (43 miles) south of the island in the Aegean
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The Cyprus trade deficit widened to EUR 1,929.2 mln in January-April 2008 compared with EUR 1,539.7 mln in January-April 2007, according to the latest figures from the Statistical Service. This amount equivalent to around 37% of GDP in 2007. Total imports/arrivals (covering total imports from third countries and arrivals from other member states) in January-April
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The Cyprus retail sector remained buoyant in April, with the turnover volume index of retail trade increasing by 11.4% year on year according to provisional data for that month. In March final data show an increase of 4.3% over March 2007. For the period January-April 2008 the index is provisionally estimated to have an increase
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Freddie Mac passed its first test of investor confidence on Monday as buyers flocked to its $3 billion sale of debt just hours after the U.S. government pledged to extend more credit or buy shares in the nation's largest mortgage finance companies. Nerves remained raw in financial markets after last week's steep decline in shares
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European shares rose on Monday in a session dominated by merger activity that swept through sectors, including brewers and banks, while a U.S. mortgage rescue plan underpinned the broader equities market. Stocks globally took heart from a U.S. Treasury and Federal Reserve plan to lend money and buy equity if needed in the government-sponsored enterprises,
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Nine foreign women were charged with prostitution after being arrested at the weekend on the Greek holiday island of Zakynthos, police said on Monday. Police sources in Athens said earlier the women involved were British and had been taking part in an oral sexual competition which was video recorded and was to be posted on
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