Euro zone finance ministers approved a giant 30-billion-euro ($40 billion) emergency aid mechanism for debt-plagued Greece on Sunday but stressed Athens had not requested the plan be activated yet. Together with at
The euro zone's rescue plan for debt-stricken Greece does not undermine the European single currency, Jean-Claude Juncker, chairman of the Eurogroup of finance ministers, said on Monday. Asked by Deutschlandfunk German radio
Property opportunities in Egypt are being driven by factors such as the country’s rapid demographic growth, office space shortage and an expanding middle-class sector, which are expected to be highlighted at the
Real growth in Saudi Arabia’s construction sector reached 3.9% in 2009 with real estate growing by 1.8% according to the Ministry of Finance, as sustained government expenditure and continued private sector investments
Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 were up 0.2 to 0.3 percent by 3.53 a.m. ET, pointing to a firmer start on Wall Street
Major U.S. banks temporarily lowered their debt levels just before reporting in the past five quarters, making it appear their balance sheets were less risky, the Wall Street Journal said, citing data
Apple Inc CEO Steve Jobs on Thursday revealed stronger-than-expected sales of 450,000 for the iPad since its much-hyped debut, and touted a phone operating system with a new advertising platform to compete
Apple's iPad tablet computer hasn't been out a week yet but there are already over 830 video games that have been developed to suit the large format, high definition, multi-touch screen. That
Federal Reserve officials again reiterated their commitment to low interest rates for "an extended period" on Thursday, given the fragile nature of the economic recovery, and suggested a reduction in the size
Italy is not in the same situation as Greece and has shown a degree of resistance in the present difficult period, ECB president Jean-Claude Trichet said in an interview on Friday with
