Troubled insurer American International Group Inc (AIG.N) had borrowed $90.3 billion from the U.S. government as of Wednesday, three-quarters of the emergency funds made available to it under a federal rescue plan,
Five centuries after Leonardo da Vinci's intricate drawings transformed understanding of the human heart, a new computer model promises to do the same for modern-day cardiac care, experts say. The model —
Global stocks tumbled to a new five-year low on Friday and demand for the relative safety of government bonds and low-yielding currencies soared as economic decline and corporate damage continued to grip
If money makes the world go round, corporate leaders must feel like their heads are spinning. Simultaneously facing a credit crisis, a global collapse in demand and plunging stock prices, U.S. multinationals
Asian stocks fell on Friday, led by a 4 percent drop in Japan's Nikkei, as the global economic slowdown slashed earnings prospects for an array of companies, forcing investors to look to
European stocks rose briefly in late afternoon trade on Thursday, as gains in oil shares and a rally on Wall Street helped to overshadow investors' nagging concerns about a looming recession. At
Cyprus shares plunged on Thursday, joining the global stock market demise, with the CSE Main/Parallel index closing at 1437.71 points, a loss of 6.14% on the day on total volume of EUR
Piraeus Bank and Proton Bank said their boards had agreed to cancel a share swap agreement, after Proton said it would take part in a government bank rescue plan. "Piraeus Bank's board
A five-member delegation under Education and Culture Minister Andreas Demetriou represented Cyprus at the official inauguration of the Large Hadron Collider (LHC) at CERN on 21 October. European Science and Research Commissioner
The UK Financial Services Authority said on Thursday it planned to make investors disclose holdings of more than 3 percent in companies through contracts for difference (CFD). The FSA said the final
