Cyprus - Page 1712

The plenary of the Cypriot House of Representatives has approved a capital increase plan of 35 mln euros, to save the state-owned chartered flight carrier. The plan was approved on Thursday after

British retail sales fell at their sharpest monthly pace in 1-1/2 years in January as the cold and icy weather pushed down purchases of household goods at the fastest pace since 1988,

The U.S. Federal Reserve raised its emergency lending rate for the first time since the financial crisis, lifting the dollar and hitting bonds as markets brushed off Fed assurances it was not

Oil fell below $77 a barrel on Thursday, dragged down by high inventory levels and a stronger dollar, which also hit gold and other commodities. U.S. crude oil futures fell 50 cents

Greek Prime Minister George Papandreou said on Wednesday his debt-stricken country was not seeking European taxpayers' money but needed a breathing space to cut its budget deficit and borrow "on normal conditions".

Oil fell towards $76 a barrel on Thursday, dragged down by high inventory levels and a stronger dollar, which also hit gold and other commodities. U.S. crude oil futures fell 74 cents

Britain posted its first budget deficit for the month of January on record after government spending shot up and tax receipts dived following the worst recession in decades, official data showed on

Several Federal Reserve policy makers want to begin selling securities relatively soon to cut back the U.S. central bank's massive help to the financial system as the economy finds a footing, the

The U.S. dollar rose against the euro on Thursday as poor growth prospects and Greece's fiscal deterioration hounded the euro zone single currency, while gold slid after the International Monetary Fund said

The Bicommunal Peace Initiative ''United Cyprus'' has determined progress in negotiations for a solution of the Cyprus problem, after meetings with the leaders of the two communities. A delegation of the Initiative