U.S. Treasury Secretary Timothy Geithner offered fresh reassurances to Asian nations that the Obama administration was committed to a strong dollar and to actions aimed at bolstering its value. "It's very important
The world will use more fuel in the fourth quarter of 2009, marking the first time global oil demand has risen since the second quarter of 2008, the International Energy Agency said
SFS Group Plc (SFS) issued its nine months (9M09) financial results posting a 97% decline in net profit figure to EUR 535.000 compared to a profit of EUR 18.7 mln in 9M08.
Pacific rim finance ministers agreed on Thursday to undertake monetary policies based on "market-oriented exchange rates" that reflect underlying economic fundamentals. In a statement issued after an Asia Pacific Economic Cooperation meeting
The renewal of Cyprus Airways' fleet is continuing in an effort to increase efficiency, company's Spokesperson Kyriacos Kyriacou said, noting the company is planning to acquire four new Airbus and sell three
Total tax revenue collected by the Inland Revenue Department during the first ten months of 2009 fell by 15% to EUR 1.45 bln from EUR 1.72 bln a year ago in the
Cypriots gave a guarded response to Britain's offer to hand back half its remaining three percent of Cyprus's landmass if rival sides on the ethnically split island reach a peace deal. Former
Oil firmed above $79 on Wednesday as a 15 month low in the dollar diverted investors' focus from fundamentals, with weekly U.S. government inventory data being delayed by one day to Thursday.
High unemployment and reluctant consumers will likely make an incipient U.S. economic recovery weak and erratic, top Federal Reserve officials said in a string of speeches across the country on Tuesday. That
The number of Britons claiming jobless benefit in October rose by its smallest amount in 18 months, while the number of people in work rose for the first time in over a
