US Consumer sentiment steady in March

Consumer sentiment ended unchanged in March from February, a survey released on Friday showed, while the reading slightly beat expectations. High unemployment and tougher credit standards remain worries hanging over the consumer,

Cyprus Stock Exchange launches New Market

The Cyprus Stock Exchange (CSE) announced the launch of the Emerging Companies Market (N.E.A) from March 29, 2010. The new Market will be launched with the listing of four companies; Executive S.A.,

Fitch downgrades Portugal on budget concerns

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

EU eyes aid deal that satisfies Merkel and Greece

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