Asian stocks dipped on Monday on worries about the fate of U.S. automakers and banks, while the dollar retreated as market players booked profits on the rise to a three-year peak last
Axios Systems, a leading provider of IT Service Management (ITSM) software, is continuing to grow across the globe, with new offices, expanded teams, a burgeoning partner-base and significant client wins. The business,
The Turkish banking sector faces a difficult year in 2009, with economic weakness causing earnings pressure on the back of rising non-performing loans and narrowing margins, according to Capital Intelligence, the international
The recent decline in the value of the Russian rouble could exert pressure on the ability of Russian non-financial corporate issuers to service debt, Moody's Investors Service said in a new special
Oracle Cyprus hosted its Technology Day for Oracle solutions and middleware in a presentation to about 150 IT managers and senior executives of Cyprus companies and public services. “We will continue to
The online shopping site, eshopcy.com.cy, reported a turnover of EUR 2.5 mln in its first year of operations, with 25,000 orders since the launch of the service in March 2008 to December
U.S. job losses failed to match the wilder fears of financial markets on Friday, sending stocks higher and setting Wall Street up for a strong start. The dollar, however, extended losses against
U.S. employers axed 651,000 jobs in February, pushing the unemployment rate to its highest in 25 years, as companies buckled under the strain of a recession that is showing no signs of
The dollar rolled back sharply from three-year highs on Friday and demand for euro zone government debt rose as investors fretted that U.S. employment data would be worse than previously forecast. Japanese
European shares edged higher early on Friday in a choppy session ahead of key U.S. unemployment data, with commodities leading the risers. By 0929 GMT, the pan-European FTSEurofirst 300 index of top
