Low-cost airline easyJet lifted first-quarter revenue by 10.5 percent and said it was on track to deliver much higher full-year profit, tapping into a recovery in budget air travel. The airline, the
Greek markets took a beating on Wednesday and borrowing costs surged as the government said it is considering all options to raise funds, including selling bonds directly to the public. In a
President of the Republic of Cyprus Demetris Christofias will meet Thursday in Nicosia with the President of the European Council Herman van Rompuy. The EU President is visiting Cyprus as part of
President Barack Obama said on Wednesday he knew there was frustration about the bank bailouts but he was optimistic about the prospects for the U.S. economy this year. "We had to salvage
China easily beat its 2009 growth target after a blistering fourth quarter performance that set the stage for further monetary tightening and put it on course to overtake Japan to become the
European shares fell from 15-month closing highs by midday on Wednesday, with miners slipping on concerns about China reining in monetary policy, though drugmakers gained from doubts on U.S. healthcare reform. At
Britain's top share index fell 0.9 percent at midday on Wednesday, with miners weighed by an uncertain demand outlook in China, and banks weaker after Q4 results from Bank of America disappointed
World stocks slipped on Wednesday after reports of bank lending restrictions in China, while the euro hit a five-month low against a broadly stronger dollar with concerns about Greece's fiscal problems nagging
The United States has had multiple meetings with Chinese authorities over Internet freedom and will have more in the coming days, a top State Department official said on Tuesday amid continuing tensions
The Treasury Department persuaded some big banks to pay more than market estimates to repurchase warrants issued to the government in the financial crisis, the Wall Street Journal said, citing a draft
