Pending sales of previously owned U.S. homes unexpectedly rose in September to their highest level in nearly three years ahead of the expiration of a popular tax credit for first-time buyers, a
The U.S. manufacturing sector grew in October for the third consecutive month and at a faster rate than expected, according to an industry report released on Monday. The Institute for Supply Management
OPEC oil supply fell in October, the first decline since April, as lower output from Saudi Arabia, Iraq and Nigeria offset a further rise from Angola, a Reuters survey showed on Monday.
Cutting big international banks down to size would not solve problems raised by the financial crisis and would create a sector unable to offer services required to support corporate clients, a top
Leaders and finance ministers of 21 APEC economies, including the United States, Japan and China, will keep stimulus policies until a lasting economic recovery is seen, draft statements from the grouping seen
The U.S. economy may have turned a corner after the deepest recession in some 70 years, but Federal Reserve policymakers appear to be in no rush to raise interest rates. The Fed
President of the Republic of Cyprus Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat will meet again on Monday in the framework of the ongoing UN-led direct negotiations for a solution
Russian FM Sergei Lavrov will pay a visit to Cyprus November 4-5 at the invitation of his Cypriot counterpart Marcos Kyprianou. A spokesman for the Russian Embassy in Nicosia told CNA that
British manufacturing activity grew at its fastest rate in two years in October as new orders rose at their fastest in almost 6 years and firms started rebuilding their stocks, a survey
The index of industrial production for August 2009 reached 79.0 (base 2005=100), recording a decrease of 5.0% compared with August 2008. For the period January – August 2009, the index recorded a
