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Business - Page 779

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UK wants to halt libel tourism, help free speech

Britain is to overhaul its archaic libel laws to stamp out 'libel tourism' by wealthy individuals and corporations who flock to British courts to sue for defamation. Opponents of the current libel

15th March 2011
Business

London 2012 Olympics countdown clock makes false start

London Olympic organisers were left red-faced on Tuesday when a huge clock in Trafalgar Square marking the countdown to the 2012 Games stopped just hours after being unveiled at a glitzy ceremony.

15th March 2011
Business

Alzheimer’s claims $202 bln in unpaid care in U.S.

Nearly 15 mln people in the United States take care of a loved one with Alzheimer's disease or another form of dementia, amounting to 17 bln hours or more than $202 bln

15th March 2011
Business

Optimistic prospects on tourism from Russia to Cyprus

Prospects on tourist trends from Russia to Cyprus in the coming summer season are exceptionally optimistic, according to President of the Cyprus Tourism Organisation (CTO) Alekos Orountiotis who led Cyprus' delegation to

15th March 2011
Business

Eurobarometer: Cypriots satisfied with life on the whole

Cypriots in their majority appear satisfied with their life on the whole, according to the regular Eurobarometer 74, which was carried out from mid-November to early December 2010 across Cyprus. According to

15th March 2011
Business

Morgan Stanley ups Greece holding in Alpha Bank to 5.1%

Morgan Stanley has increased its holding in Alpha Bank to 5.1% from 4.965%, the Greek lender said in a bourse filing on Monday, adding that the transaction was unsolicited. Alpha Bank rejected

14th March 2011
Business

Cyprus and Israel share challenge in science and technology

Cyprus and Israel share a challenge to work together in the name of science and technology, Israeli President Shimon Peres said on Monday, during a joint press conference with President of the

14th March 2011
Business

Greek bank stocks surge on outcome of euro zone summit

Greek bank shares jumped 7% at Monday's open as investors welcomed the improved bailout terms for Greece agreed at the euro zone summit on Friday and yield spreads tightened. "Greece's economy got

14th March 2011
Business

BOJ’s Shirakawa will assess data in April to judge quake impact

Bank of Japan (BOJ) Governor Masaaki Shirakawa said on Monday that the central bank will look comprehensively at economic data and market conditions at its two policy meetings in April to measure

14th March 2011
Business

Japan says blast did not damage plant vessel-IAEA

A hydrogen blast at Japan's earthquake-stricken nuclear plant did not damage its primary containment vessel, the U.N. nuclear agency said on Monday. The International Atomic Energy Agency (IAEA) said it was told

14th March 2011
Business
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