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Business - Page 762

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Trichet shows ECB’s velvet glove with Portugal move

Jean-Claude Trichet appears to have taken a leaf out Theodore Roosevelt's book, adopting the former U.S. president's mantra to "speak softly and carry a big stick" by discretely pushing Portugal to accept

8th April 2011
Business

UNSG: No timetable in Cyprus peace talks

The UN Secretary General Ban Ki moon has made it clear that there is no timetable in the ongoing dialogue on the Cyprus question, according to US Congress sources. Ban, who has

8th April 2011
Business

HK stocks closed up 0.5%, post third weekly gain

Hong Kong stocks hovered briefly at a 2011 high on Friday, with institutional investors expected to keep increasing their exposure based on attractive valuations and demand for materials. The benchmark Hang Seng

8th April 2011
Business

Portugal must agree “harder” reforms to get aid

Euro zone finance ministers told Portugal on Friday that it would have to implement new economic reforms that went beyond those proposed by its outgoing government if it hoped to secure aid

8th April 2011
Business

Disney’s Magic Kingdom comes to the Middle Kingdom

Walt Disney Co broke ground on its long-awaited Shanghai Disneyland theme park on Friday, banking on its global brand and fairytale attractions to draw millions of visitors and boost its profits in

8th April 2011
Business

CTO supports cooperation between Cyprus and Russia

Chairman of the Cyprus Tourism Organisation (CTO) Alecos Orountiotis has expressed his support to cooperation and the great importance Cyprus attributes to the further strengthening of the already close and friendly relations

8th April 2011
Business

Cyprus set to meet EU 2020 target on renewable energy

Gross final energy consumption from Renewable Energy Sources (RES) in Cyprus reached 4.8% in 2010, a Ministry of Commerce, Industry and Tourism official said, expressing optimism that Cyprus will meet its target

8th April 2011
Business

Gold near record above $1,464 an ounce

The dollar fell to a near 15-month low to the euro on Friday amid fears of a U.S. government shutdown, while crude oil rose to a two-and-a-half year high on worries that

8th April 2011
Business

easyJet launches Scotland’s only direct route to Athens

easyJet announced three new routes from Edinburgh Airport, including Scotland’s only direct route to Athens from £36.99, one way. It will begin flying to Athens three times a week, Tenerife twice weekly

7th April 2011
Business

UK watchdog warns press away from Middleton family

Britain's media watchdog said on Thursday it has warned the country's press not to harass the family of Prince William's fiancee Kate Middleton. The independent Press Complaints Commission (PCC) — charged with

7th April 2011
Business
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