British retail sales fell less than expected in October and retailers are expecting a slowing in the pace of decline next month, a survey indicated on Tuesday. The Confederation of British Industry's
The financial crisis is not over yet and international authorities need to be ready to act again if necessary, Bank of England Deputy Governor John Gieve said on Tuesday. "The package of
Cyprus ranks 40th in the Global Competitiveness Report 2008-2009, in regards of the competitiveness of its Economy, improving by 15 places compared to the Report for 2007. The results of the Report
The European Commission has approved the funding for 143 new projects under the first call for the LIFE+ programme (2007-2013), the European fund for the environment. The projects are from across the
Oil trimmed losses after sinking to a new 17-month low below $62 a barrel on Monday, driven down by investor pessimism about the deteriorating global economic climate and its likely impact on
Sales of newly constructed single-family homes rose in September and inventories shrank as builders slashed prices to their lowest level in four years to move property as a financial crisis deepens. The
Australian Minister of Foreign Affairs Stephen Smith assured on Monday that his country strongly supports the process for a Cyprus settlement and direct negotiations between the leaders of the two communities, adding
Minister of the Interior Neoclis Sylikiotis has said that the works undertaken by the Republic of Cyprus to rebuild the village of Artemida, which went up in flames during the summer 2007
Kuwait sought to restore confidence in its banking system on Monday by offering to pump cash into troubled Gulf Bank which has been hit by losses from derivative deals. A group of
An IMF rescue deal steadied Hungary's battered currency on Monday, but the ripples of the global crisis spread to other emerging markets, with Polish and Turkish officials saying more steps were needed
