Fed vs Obama: rates up on tax deal

What the Federal Reserve giveth, Obama taketh away The U.S. central bank's $600 billion stimulus plan was supposed to lower interest rates. But President Barack Obama's tax deal with Republicans, by rekindling

35,000 foreign housemates in Cyprus

Foreign housemates working in Cyprus are estimated to have reached 35,000, or 2,57% of total population, Minister of Labour and Social Insurance Soteroulla Charalambous has said. Addressing a conference organized by the

Bollywood to Hollywood: Indian actors chase dreams

From "Spiderman" to "Mission Impossible," Bollywood actors are increasingly finding their way into mainstream Hollywood films. As Hollywood brings more Indian and Asian characters into its stories, established stars in India are

Business needed to crack climate stalemate

Evidence of green business profits and more direct industry engagement may be needed to push U.N. climate talks out of stale rich-poor rivalries to a global agreement. Negotiations like the just-finished 190-nation

Finansbank Turkey ratings raised

Capital Intelligence, the international credit rating agency, has raised the long-term foreign currency rating of Turkey’s Finansbank A.S. (FB). That rating, which continues to be constrained by the country’s sovereign rating, was