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Business - Page 448

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Russia tones down criticism of new U.S. missile plans

Russia signalled on Thursday that a change in U.S. plans for a European anti-missile shield could help the two sides make progress towards resolving a dispute that has severely strained ties between

21st March 2013
Business

Next, H&M feel chill of weather and recession

Two of Europe's biggest fashion retailers, Next and Hennes & Mauritz , have endured a tough start to the year, hit by a combination of unhelpful weather and economic headwinds. Retailers across

21st March 2013
Business

YouTube says has 1 billion monthly active users

Google Inc's YouTube said 1 billion unique users were now visiting the video-sharing website every month, or nearly one out of every two people on the Internet. "If YouTube were a country,

21st March 2013
Business

Cyprus, European data batters shares and euro

Signs the euro zone's economic downturn is deepening and worries over a possible financial meltdown in Cyprus sent world shares, oil and the single currency lower on Thursday. The falls would have

21st March 2013
Business

European shares knocked by German data, Cyprus worries

European shares fell on Thursday as investors, already jittery over Cyprus's debt crisis, were confronted with data showing Germany's business activity lost steam in March. The data, which suggested Europe's largest economy

21st March 2013
Business

Is Cyprus deposit levy the first sign of widespread wealth tax?

Confusion reigns supreme in the Cyprus bailout. So it is fairly risky to stick out your neck commenting on an unknown outcome that could leave you exposed to ridicule in hours if

21st March 2013
Business

Cyprus, European data sends shares, euro lower

European shares and the euro dipped on Thursday because of concerns over Cyprus but a pick-up in Chinese factory activity and the U.S. Federal Reserve's commitment to its loose policy stance limited

21st March 2013
Business

Bankers get one last bonus season before EU cap on payouts

Bankers in Europe will have one final bonus season before they are barred from awarding themselves payouts worth more than their salary, EU lawmakers agreed on Wednesday, paving the way for the

21st March 2013
Business

Fed pushes Asia shares higher, China factory activity helps

Asian shares inched higher and the dollar steadied on Thursday, as a pick-up in Chinese factory activity and a commitment by the U.S. Federal Reserve to its aggressive stimulus stance soothed sentiment

21st March 2013
Business

Anastasiades asks for Hollande’s support to Cyprus plan B’ efforts

President of the Republic of Cyprus Nicos Anastasiades held Wednesday a telephone conversation with his French counterpart Francois Hollande, asking for Paris’ support to Nicosia’s efforts to come out with a plan

21st March 2013
Business
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