Swiss bank UBS posted its first quarterly net profit since Oswald Gruebel took the helm a year ago but clients withdrew far more money than forecast, signaling he may need more time
Toyota Motor Corp said it is recalling nearly half a million of its flagship Prius and other hybrid cars for braking problems as it seeks to address criticism over the handling of
Google Inc has sent a cease and desist letter to the operators of a Chinese search website whose logo bears a close resemblance to its own. Goojje's home page is adorned with
Asian shares broadly rose on Tuesday, led by Taiwan and South Korea, and the euro staged a small rebound from its recent drubbing, but Japan and Australia fell as investor sentiment remained
Lebanese President, Michel Suleiman, will pay an official visit to Cyprus later this week, a Lebanese embassy official told CNA today. On Friday the President of Lebanon will have separate meetings with
Cyprus’ Socialists Party, EDEK Social Democrats’ Movement, decided last night to withdraw from the government coalition. The decision was taken by EDEK Central Committee, with 115 votes in favor, eight against and
British retail sales recorded their worst performance for the month of January in at least 15 years, a survey showed on Tuesday, even as separate figures showed house prices extended their recent
Asian share markets struggled to hold firmer ground on Tuesday but won some respite from recent losses, while the euro rose tentatively as investors took a break from selling it off over
Worries about Greek sovereign debt and a potential spillover elsewhere rattled financial markets again on Monday, squelching a tentative recovery by both European shares and the euro. Stock markets were generally lower,
Falls by energy stocks and financials, unsettled by persistent market jitters, outweighed gains from defensive drugmakers and tobacco stocks to push Britain's top share index slightly lower by midday on Monday. By
