The pace of economic recovery holds the key to how quickly the U.S. unemployment rate recedes from its 26-year high of 9.5 percent. A rule of thumb states that it takes economic
LDK Consultants was recently assigned, following international tendering procedures, two important environmental projects in Cyprus and in the south-eastern Mediterranean countries. In particular, the Solid Waste Management Department of the Ministry of
Loans to cost 3.35% on average Hellenic Bank (HB) released details on how it will disburse the EUR 56 mln in loans that it will be offering to Cyprus small-to-medium-sized enterprises (SMEs),
Britain's Lloyds Banking Group is set to unveil a 5 billion pound ($8.3 billion) loss as bad debts soar and its four UK rivals will also show the strain when they report
There is a decision to be taken by equity investors heading into a new week and a new month — buy more stocks ahead of a new bull market or sell because
Ratings agency Fitch confirmed its triple-A rating for British sovereign debt and maintained a stable outlook on Friday, just over two months after rival agency Standard & Poor's downgraded its outlook to
The U.S. economy contracted at a slower-than-expected pace in the second quarter as the slump in business and residential investment moderated sharply, according to government data on Friday that backed views the
World stocks hit fresh 9-1/2 month peaks on Friday after favourable corporate earnings fuelled recovery hopes, while oil fell as investors turned cautious ahead of key U.S. growth data. Investors have bought
Britain's top share index was 0.1 percent lower around midsession on Friday with weakness in oils and miner more than offsetting strength in banks, ahead of the release of second-quarter U.S. GDP
British Airways said on Friday it saw no improvement in bleak trading conditions and vowed to continue to cut costs, rounding off another miserable week for Europe's airlines. "Trading conditions continue to
