HTC overshadows Nokia at smartphone launches

The scale of the challenge facing Nokia in the all-important smartphones market was underscored on Tuesday when a powerful new handset from Taiwan's HTC overshadowed two new models from the Finnish giant.

Egypt’s Mubarak detained for investigation

Egypt's public prosecutor has ordered that former president Hosni Mubarak be detained for 15 days for investigation, state-owned Nile television said on Wednesday. The report came a day after Mubarak was questioned

Gold bounces back

The yen weakened and Asian stocks headed higher on Wednesday, with investors looking for fresh opportunities to bet on risky assets after a sharp drop in oil the previous day caused an

Cyprus inflation reaches 3.2% in March

Inflation rose to 3.2% in March according to the Statistical Service of the Republic of Cyprus. An official announcement states that the rate of inflation for March 2011 rose to 3.2% compared