Cyprus consumer Price Index increased in August

Increases were recorded in the prices of certain fresh vegetables, fresh fruit, bread and electricity during August 2010, according to an official press release. Specifically the Consumer Price Index for August 2010

Russia warns speculators after food prices rise

President Dmitry Medvedev ordered law enforcement agencies on Thursday to prevent speculators driving up food prices after the worst harvest in years and pledged help to ensure affordable food staples. Russia's leaders

Wall St opens flat after jobless data

U.S. stocks opened little changed on Thursday as consumer shares rose and data showed first-time claims for jobless benefits declined slightly last week. The market could face pressure from profit-taking the day

RBS to cut 3,500 jobs in UK

Royal Bank of Scotland announced thousands of new job cuts on Thursday as the part-nationalised bank continues with its drive to trim costs and improve its profitability. RBS, which is 83% owned

Bonds extend losses after jobless claims data

U.S. Treasury debt prices extended losses on Thursday after data showed new claims for unemployment benefits fell for a second consecutive week last week. Benchmark 10-year notes were trading 12/32 lower in