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Business - Page 970

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Renault CEO says Greece to weigh on auto sales

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>

25th May 2010
Business

FTSE falls below 5,000 level on euro zone worries

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

21st May 2010
Business

Senate approves sweeping Wall Street reform bill

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

21st May 2010
Business

Google premieres Web television gamble

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

21st May 2010
Business

Stocks tumble, bunds firm on euro zone fears

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

21st May 2010
Business

US Stock futures signal pause in sharp sell-off

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

21st May 2010
Business

Hellenic Bank records profit of 28.3 m. euro in 2009

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

21st May 2010
Business

Cyprus president: economy resilient in spite of economic crisis

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

21st May 2010
Business

The world economic crisis continues to affect Cyprus

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

21st May 2010
Business

EU faces battle over closer economic union

Agreeing on a $1 trillion safety net may prove the easy part of saving the euro now the European Union's leaders are turning to the divisive issue of tightening economic policy coordination.

21st May 2010
Business
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Latest News

  • Cyprus NPLs drop marginally to €830 mln
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Popular

Cyprus NPLs drop marginally to €830 mln

Non-performing loans in Cyprus remained almost unchanged at €830 mln

Gold under pressure on inflation, Iraq supplies, Iran crisis

Gold is down 0.7% to near $4,030 in European trading

Burnham should keep Miliband “out of the Treasury”

Markets will breathe a sigh of relief if incoming UK

Soft US CPI data supports sterling, weak dollar

The British pound is up 0.1% at around 1.3403 against

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