G20 policymakers are agreed that it is too early to pull the plug on economic life-support packages as the global recovery is still fragile, British finance minister Alistair Darling told Reuters in
U.S. business productivity in the third quarter grew at the fastest pace in six years and new claims for jobless aid fell to a 10-month low last week, indicating the decline in
Until a few years ago, most Brazilians able to hoard cash would rush to buy U.S. dollars to prevent runaway inflation or another economic meltdown from wiping out their hard-earned savings. These
The Bank of England said on Thursday it would expand its quantitative easing programme by 25 billion pounds to help kick-start Britain's recession-hit economy. The increase brings the central bank's total asset-buying
British manufacturing output rose faster than expected in September, and at its fastest monthly pace since July 2002, rebounding from August's sharp drop, official data showed on Thursday. The Office for National
The Bank of Cyprus Group’s profit before provisions for the third quarter 2009 reached 190 mn Euro recording an increase of 35% compared to the second quarter 2009. According to the Group’s
Minister of Finance Charilaos Stavrakis said that according to the European Commission Autumn forecast, during the years 2009 and 2010, the Cypriot economy would have the highest growth rate in the Eurozone
The Board of Directors of the Bank of Cyprus Public Company (BOCY) decided to pay an interim dividend of EUR0,08 per share. The record dated is Wednesday, 25 November 2009, i.e. transactions
Etihad Airways, the national airline of the United Arab Emirates that launched flights to Cyprus only five months ago, is on target to increase its frequency by adding a fourth flight from
Britain's service sector had its best month since the start of the credit crunch in October, a purchasing managers survey showed on Wednesday, but economists were wary about how much would translate
