Russia will complete construction work for the 2014 Winter Olympics on schedule despite the economic crisis and will strive to minimise costs, a senior government official said in an interview on Tuesday.
European stocks slipped while U.S. stock futures pointed to a weaker open on Wall Street on Tuesday after strong optimism over corporate earnings sent world stocks to fresh 9-month peaks. BP's disappointing
The global economic crisis could have a "disastrous" impact on health and school projects in the developing world unless rich nations spend a tiny fraction of stimulus measures to help the poor,
Moody's Investors Service has downgraded the long-term foreign and local currency deposit ratings of Azerbaijan's second-largest bank, Bank Standard, to B3 from B1 and the bank financial strength rating (BFSR) to E
Moody's Investors Service said that the recently proposed consolidation of Dubai's two largest master real estate developers, Emaar Properties and the real estate activities of Dubai Holding Commercial Operations Group, would create
European stocks slipped while U.S. stock futures pointed to a weaker open on Wall Street on Tuesday after strong optimism over corporate earnings sent world stocks to fresh 9-month peaks. BP's disappointing
While the debate rages among policymakers on when to even start talking about strategies for withdrawing emergency support for the economy, money markets are increasingly convinced the European Central Bank will have
Britain's top share index slipped in mid-session trade on Tuesday, as miners and energy stocks led the market lower. By 1027 GMT, the FTSE 100 was down 7.21 points, or 0.2 percent,
European shares were lower around midday on Tuesday in choppy trade with falls in banking and energy stocks overshadowing gains in drugmakers. By 1045 GMT, the pan-European FTSEurofirst 300 index was down
Oil giant BP Plc said it had increased its cost reduction targets for 2009 by 50 percent to $3 billion, as it reported a halving in second quarter profits due to lower
