The number of U.S. workers filing new applications for jobless benefits tumbled last week, a government report showed on Thursday, reversing a recent spike that had raised concerns about renewed labor market
European leaders have reached a deal to provide aid to Greece, EU president Herman Van Rompuy said on Thursday, in an unprecedented move to stave off a broader crisis in the 16-nation
The euro zone will take coordinated action if necessary to safeguard its financial stability, European Union President Herman Van Rompuy said on Thursday as EU leaders discussed how to help debt-laden Greece.
Global oil demand will grow by more than previously expected in 2010, increasing the need for OPEC crude, the International Energy Agency (IEA) said on Thursday, with all the growth coming from
The euro inched up on Thursday, supported after European officials signalled they had agreed to help Greece tackle its sovereign debts. EU President Herman Van Rompuy said several key euro zone officials
Cypriot tennis player Marcos Baghdatis has qualified for the second round of the Rotterdam tennis tournament in the Netherlands, after a victory over American James Blake with 2-0 sets (6-4,6-2). This is
— Coalition rift affects airline decision — — Bankruptcy cost higher than new plan — The fate of state-owned carrier Eurocypria lies in the hands of Thursday’s plenary session of parliament
The U.S. trade deficit widened unexpectedly in December to $40.2 billion, fueled by the highest oil prices and oil imports since October 2008, the Commerce Department said on Wednesday. Wall Street analysts
Oil rose above $74 a barrel on Wednesday, bouncing from earlier losses, as the euro extended gains against the dollar on hopes for a bailout for Greece. U.S. crude futures <CLc1> rose
The Bank of England may have to pump more money into Britain's fragile economy, Governor Mervyn King said on Wednesday after the central bank forecast inflation would stand well below target in
