Oil prices hover near $71 as OPEC meets

Oil prices hovered above $71 a barrel on Wednesday, after rising more than $3 the previous day, as OPEC ministers were expected at their meeting in Vienna to maintain official output unchanged.

EU: Most electronics websites mislead shoppers

More than half of European websites selling consumer electronics are misleading or cheating online shoppers, the European Union consumer watchdog said on Wednesday after checks on 369 sites in 28 countries. National

Cyprus 34rth in Global Competitiveness Report

Cyprus is the 34rth most competitive economy in the world, according to the World Economic Forum's Global Competitiveness report for 2009-2010. The report places Cyprus in the 34rth position with 4.57 points

More signs emerge of UK economic recovery

Britain's recovery prospects were brightened by survey results on Wednesday which showed consumer morale jumped in August while employers took on more staff and price pressures eased. The Nationwide Consumer Confidence index