Azerbaijan won the annual Eurovision Song Contest with the romantic ballad "Running Scared" on Saturday, watched by a television audience of more than 100 million people. The song about a love-struck couple
* Banks face heightened risk from Greece * Will assess government's willingness to help if needed Moody's Investors Service placed three Cypriot banks on review for a possible downgrade on Friday, citing
Gold prices climbed and silver rose as much as 5 percent in Europe on Friday, recovering some of this week's heavy losses, as a drop in the dollar encouraged a rebound in
If you’re wringing your hands about prospects for the U.S. dollar, take some comfort: You’re part of a large club. With the Federal Reserve essentially printing money to help the U.S. out
Storming performances by the German and French economies propelled growth in the euro zone well above forecasts in the first quarter while also highlighting the yawning gap between the bloc's strong and
The Cyprus economy seems to be sliding, with quarterly economic growth in Cyprus slowing for the fifth consecutive quarter in January-March, according to the latest flash estimate from the Statistical Service. On
* BOC and HB merger “would not add any value to the two banks” — Archbishop Chrysostomos II, the outspoken head of the Church of Cyprus who has views on anything from
European Central Bank policymaker Ewald Nowotny on Tuesday favored giving Greece more time to repay its financial aid rather than issuing new loans, and he and another ECB official ruled out a
Credit ratings agencies hammered Greece on Monday after senior euro zone policymakers acknowledged that Athens will need a second bailout package soon to avert a disorderly overhaul of its debt obligations. Officials
President Bashar al-Assad has sent tanks deep into Syria's third city Homs, escalating a military campaign to crush a seven-week-old uprising against his autocratic rule. Syrians demanding political freedom and an
