Asian stocks fell to multi-month lows and the euro slipped on Tuesday on fears that Europe's sovereign debt woes will trigger a renewed crisis in the continent's banking sector. Europe's fumbling response
The fall-out from the Greek debt crisis could push down European auto sales for the rest of the year, though they have been better than expected so far in 2010, Renault <RENA.PA>
Britain's index of leading shares fell below the key 5,000 level on Friday for the first time since November 2009, as euro zone sovereign debt concerns weighed on sentiment, with banks and
The Senate approved a sweeping Wall Street reform bill on Thursday night, capping months of wrangling over the biggest overhaul of financial regulation since the 1930s. By a vote of 59-39, the
Web search king Google Inc on Thursday showed off a risky attempt to marry the Web to television and reach the $70 billion TV advertising market, chasing a dream that has eluded
European stocks fell again on Friday despite German approval of a euro zone rescue package, as markets remained unconvinced the aid would resolve the debt crisis. The euro, however, found support from
Stock index futures pointed to a slightly higher open on Wall Street on Friday, following the previous session's steep sell-off, with futures for the S&P 500 up 0.4 percent, Dow Jones futures
The Hellenic Bank Group recorded net profit of 28.3 million euro in 2009, slightly less compared to the 2008 profit totaling 31,3 million euro. The Group presented its results for 2009 at
President Demetris Christofias has said that Cyprus’ economy, in spite of the world economic crisis and in comparison to other countries, has proven to be resilient, adding that the government does its
The world economic crisis continues to affect Cyprus and as a result in 2009 the rate of growth showed a negative trend of 1,7% in comparison to 3,6% in 2008, President of
