Cyprus achieved its two basic goals for growth rate and the reduction of the fiscal deficit below 6% of GDP for 2010, Finance Minister Charilaos Stavrakis has said. Speaking to a press
There are big risks to Canada's economy as the recovery slows and officials should be ready to take additional steps to safeguard growth if necessary, the International Monetary Fund said on Wednesday.
Spain's "El Gordo", one of the world's biggest lotteries, gave out 2.3 bln euros ($3 bln) in Christmas prizes on Wednesday with Spaniards spending almost the same as last year on tickets.
A divided U.S. Federal Communications Commission banned Internet service providers like Comcast Corp from blocking traffic on their networks, provoking warnings the rules would be rejected in the courts and threats from
China is ready to buy 4-5 billion euros ($5.3-$6.6 billion) of Portuguese sovereign debt to help the country ward off pressure in debt markets, the Jornal de Negocios business daily reported on
– Investors entering 2011 in bullish move – Polls show increase in equity exposure – Bond holdings cut back, EM losing favour Investors are entering 2011 in a relatively bullish mood,
British fund managers upped their exposure to UK equities during December, buoyed by hopes of bumper dividends from cash-rich companies and expectations of a 2011 takeover boom, a Reuters poll has found.
Greeks staged a three-hour general strike in Athens on Wednesday against the 2011 budget which imposes yet more austerity on the debt-laden nation, but parliament was set to pass the bill later
Fitch Ratings said there was a growing probability it would cut Greece's sovereign foreign currency credit rating to junk, highlighting doubts over Athens' ability to pull itself out of a debt crisis
Northern Europe's big freeze wreaked more havoc with flights on Tuesday as airports struggled to cope and retailers fretted they would struggle to make up lost sales in the few shopping days
