Cyta Hellas, the Greek subsidiary of the state-owned telco, is about to conclude its broadband network expansion plans in October, by raising the fibre-optic cable from 700km in July to 1,100 by
The EIB and UniCredit Corporate Banking have signed a EUR 81 mln loan agreement with Italy’s Atlantica SpA di Navigazione (Grimaldi Group) aimed at expanding its Mediterranean fleet with four new cruise
BERLIN, Sept 4 (Reuters) – A regional branch of German industrial union IG Metall said on Thursday it was seeking a wage increase of 7-8 percent for engineering workers in a move
The euro fell against the dollar on Thursday after European Central Bank President Jean-Claude Trichet said the euro zone was in an episode of weak economic activity. The euro was last down
Global equities hit a new two-year low on Thursday as central banks in Britain and the euro zone kept interest rates on hold and a U.S. report pointed to a deteriorating jobs
Asia will continue to deliver strong growth in the mobile phone market due to sustained demand from China and India, the world's two biggest markets of such services, industry officials said. But,
Microsoft Corp said on Wednesday it plans to cut the U.S. prices of its Xbox 360 video game machine, lowering the price of its entry-level console to $50 below Nintendo Co Ltd's
The U.S. service sector likely shrank modestly in August, as a pullback in consumer spending pinched retailers and other non-manufacturing industries for a second straight month. The Institute for Supply Management's index
Major U.S. retailers are expected to post softer August sales as consumers spent less on back-to-school items, with the results helping to set analysts' expectations for the all-important holiday season. Top retailers
Commodity market regulators are probing whether energy market players are injecting false crude oil supply data into the marketplace, the Wall Street Journal said. Regulators are concerned that companies may be reporting
