Fitch Ratings cut Portugal's sovereign credit rating by one notch to AA- on Wednesday, citing budgetary underperformance in 2009 and warning that a similar outcome this year and next could cause another
The European Union could overcome deep-seated German reservations about a bailout for Greece and agree an aid package this week that seems increasingly likely to involve the International Monetary Fund. Chancellor Angela
British annual consumer price inflation slowed last month for the first time since September, dropping more than expected after favourable base effects and a fall in the prices of games and toys,
Sothepro Ltd, the major shareholders of which are Messrs. Spyros and Savvas Spyrou announced their final decision to submit a Public Offer for the acquisition of up to 100% of the total
World stocks slipped and the euro wobbled on Monday on renewed investor worries over Greece's debt crisis and after a surprise interest rate hike by India last week stoked concern about riskier
A leading banker believes that the Cyprus banking system is losing out big time because of the delays to pass a long overdue law on covered bonds. Marfin Laiki Bank’s CEO Efthymios
The United States kept up pressure on China on Thursday to let the yuan climb as Beijing disclosed it was sounding out exporters on whether they could cope with a stronger exchange
Oil dipped towards $82 a barrel on Thursday after a two-day rally, reacting to the dollar strengthening against the euro and a lack of strong steps from OPEC to tighten supplies above
Britain's Labour government may have leeway to boost spending ahead of a tight election expected within weeks after public borrowing rose less than forecast in February. The country is still heading for
The number of U.S. workers filing new applications for unemployment benefits fell less than expected last week, while consumer prices were unchanged in February on lower energy prices. The data on Thursday
