The global financial crisis will be the focal point of the discussions among the Finance Ministers from the Commonwealth countries who will meet in the southern coastal town of Limassol, between 30
Britain's economy shrank less than previously estimated in the second quarter of this year, due to better than expected construction industry performance, the Office for National Statistics said on Tuesday. It said
British mortgage approvals for house purchase held broadly steady in August, Bank of England figures showed on Tuesday, while consumers paid down unsecured debt at the fastest rate since records began in
Cyprus’ embassy in Havana, Cuba, was officially opened on Monday. The embassy was inaugurated in the presence of Cyprus President Demetris Chrisofias, currently in Cuba for a three-day official visit, Vice President
Draft European Union solvency rules that could push Britain's insurers into a 50 billion pound ($80 billion) capital raising are likely to be watered down, eliminating a drag on the sector's shares.
G20 leaders promised last week to rebalance world growth, and upcoming data will show that it is already happening, although not for the reasons they want. While the world's economic leaders would
German Chancellor Angela Merkel, whose conservatives on Sunday won enough votes to form a coalition with the pro-business Free Democrats, said on Monday she was committed to cutting tax but refused to
The events of the project titled Triptych: Poetry – identity – Coexistence, which is organised within the framework of the European Culture Programme (2007-2013) in 2009 – 2010, are taking place in
Minister of Communications and Works Nicos Nicolaides expressed confidence on Monday that ''shipping will recover from the current crisis,'' noting that ''the intensity of the shipping crisis is beyond any traditional periodicity
Financial Mirror analyisis shows that the decline in retail sales appears to have bottomed out in July, as the volume index fell according to provisional figures by 2.6% over July 2008, having
