The Bulgarian parliament rejected on Friday the first no-confidence motion against the year-old centre-right government, which was accused by the opposition of failing to overhaul the ailing health care sector. The minority
Oil fell on Friday, erasing gains for the week, as the dollar strengthened on speculation the U.S. jobs market may have emerged from a soft patch, putting into question the urgency of
China's key stock index climbed 3.3% on Friday morning after the week-long National Day holiday, catching up with firmer global markets and as stronger commodities prices bolstered metals and mining issues. The
World finance leaders on Friday will try to soothe simmering currency tensions which threaten to drag on an economic recovery that is already too slow and uneven for their liking. The Group
Apple Inc plans to begin making a new iPhone by the end of the year, and Verizon Wireless will begin selling them in early 2011, The Wall Street Journal reported on Wednesday.
Russia plans to pay Iran about $800 million to compensate for its failure to deliver S-300 missile systems, the head of state-controlled conglomerate Russian Technologies, Sergei Chemezov, said on Thursday. Russian President
The European Central Bank will face scrutiny on Thursday over a spike in market interest rates, its plans to tackle banks' addiction to ECB funds, and any response to a growing global
Greece will shrink its budget deficit in line with EU/IMF targets this year despite an expected upward revision of last year's budget gap by Eurostat, the country's prime minister said on Thursday.
Russia and Cyprus signed a tax treaty on Thursday that is expected to boost bilateral business ties and reaffirm Cyprus's status as the primary source of foreign investment to Russia. Russian President
Britain's Treasury has not made any political decision to push back its spending cuts programme, but administrative hurdles could lead to some slippage at the margins, a Treasury official said on Thursday.
