Europe shares start new year on a high

European shares rose on Monday, the first trading day of the year, led by gains in automakers after Porsche won a legal challenge from U.S. hedge fund groups. Porsche surged 14.8 percent

Cyprus leaders to meet on January 12

President of the Republic of Cyprus Demetris Christofias and Turkish Cypriot leader Dervis Eroglu will be holding a new meeting on January 12, in the context of UN-led direct negotiations to solve