Proposed controls on mortgage lending in Britain are too restrictive and would lock out many would-be buyers from the housing market, the Council of Mortgage Lenders (CML) said on Tuesday. Half of
Tesco, the world's third-biggest retailer, believes the global economy is recovering strongly and growth in emerging markets will help to prevent developed economies from falling back into recession. The British group, which
The official opening of Lidl Cyprus distribution centre took place on 27.09.10 at 19.00 by the Minister of Commerce, Industry and Tourism, Mr.Antonios Paschalides. The distribution centre is located on the industrial
England and Manchester United striker Wayne Rooney has been dropped by his sponsor Coca-Cola from an advertising campaign following media allegations about his private life. The 24-year-old forward, who has endured intense
The yen eased and Japanese government bond futures rose to a seven-year peak on Tuesday amid reports the Bank of Japan may unveil monetary policy easing steps that are more aggressive than
Brazil on Monday doubled a tax on foreign investors buying local bonds, trying to curb a currency rally that has turned into an issue in the country's presidential race. As emerging economies
Japanese and Chinese leaders said they wanted to improve strained ties, but both stressed their claims to islands at the heart of a bitter row, suggesting tensions between Asia's top two economies
Greece is due to unveil on Monday a 2011 draft budget aimed at cutting its deficit below a 7.6%-of-GDP target agreed in a bailout deal with the IMF and its euro zone
Portugal must quickly find a political consensus to support public sector cutbacks, central bank governor Carlos Costa said on Monday as the government battles to win opposition support for next year's budget.
Ireland's economy will flatline this year, defying government expectations for modest growth, the central bank said on Monday underlining the challenge facing Prime Minister Brian Cowen in salvaging the country's fortunes. Cowen,
