Failure to act now on sweeping banking reform could pave the way for an "even bigger" financial crisis in the future, Bank of England Governor Mervyn King said on Thursday. Giving evidence
U.S. stocks fell sharply at the open on Thursday as an increase in the number of workers filing for jobless benefits and concerns over the fiscal health of Greece made investors worry
World stocks, the euro and commodities fell on Thursday on concerns over a potential downgrade of Greece's debt, while borrowing costs for peripheral euro zone countries rose. Safe-haven government bonds firmed. Credit
U.S. stock index futures fell on Thursday after rating agencies said they may downgrade Greece's sovereign debt, reigniting concerns over possible defaults in the euro zone that have dogged markets recently. Moody's
European share prices were mostly lower by midday on Thursday amidst concerns over a potential downgrade of Greece's credit rating and oil majors and miners weakened by a firmer dollar, although banks
Europe's banks showed the scars of the financial crisis on Thursday as Royal Bank of Scotland posted a big loss as bad debts jumped and Credit Agricole was hit by losses in
Business investment in Britain fell by a record 24.1 percent year-on-year in the last three months of 2009, casting doubt on whether fourth-quarter GDP will be revised higher when a fresh estimate
The euro tumbled to a one-year low against the yen on Thursday and Asian stocks fell on fears that a potential downgrade of Greece's debt rating will worsen Europe's outlook and imperil
Cyprus Chamber of Commerce and Industry (KEVE) and Cyprus Organization for Standardization will organize here February 26-17 a conference on “Health Care Business”. Speaking during a press conference, KEVE President Manthos Mavrommatis
Minister of Commerce, Industry and Tourism Antonis Paschalides said here today that after adopting the Lisbon Treaty, the EU can undertake action in order to support tourism, adding that the EU has
