Worldwide Jobs gloom for 2009

Scandinavian airline SAS said on Tuesday it would make a rights issue of 6 billion Swedish crowns ($720 million) as it posted a pretax loss of 403 million crowns in the fourth

US Auto sales seen extending slide

U.S. auto sales for January are expected to drop to a 27-year low, extending a 15-month downturn and adding weight to the view that the hard-hit sector will remain a drag on

US consumer spending falls in Dec, savings jump

U.S. consumers cut spending for a sixth straight month in December and their incomes shrank, according to a government report on Monday that underscored the rapid deterioration in the economy. The Commerce

SFS wants Cyprus SEC to review ban on Sharelink

SFS Group Public (SFS) announced that it has asked the Cyprus Securities and Exchange Commission (CySEC) to review its decision ordering the suspension of the operational license of Sharelink Securities & Financial

Cyprus Aspis EGM approves share issue

The Extraordinary General Meeting of Aspis Holdings Public Company Ltd (ASP) held on January 30, 2009 approved the special resolutions increasing the Company's nominal capital from 158 mln shares of nominal value

EU consumer chief slams energy, banking sectors

The European Union's consumer chief will investigate the bloc's retail electricity sector this year after an EU-wide report on Monday said some energy, banking and transport companies may be ripping off customers.