Britain must remain part of the European Union and reform it from within, business leaders told Prime Minister David Cameron on Monday, warning that a possible exit from the bloc could isolate the country's economy. As Britain gears up for a planned "in or out" referendum in 2017, British employers' group the CBI said there
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Dubai luxury housing developer DAMAC Properties said it plans to raise as much as $500 million from an initial public share offer in London, betting on a recovery in a property market that crashed four years ago. If successful, DAMAC would be the first Dubai real estate firm to go public since then. DAMAC, which
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Ousted Egyptian leader Mohamed Mursi struck a defiant tone on the first day of his trial on Monday, chanting 'Down with military rule', and calling himself the country's only 'legitimate' president. Mursi, an Islamist who was toppled by the army in July after mass protests against him, appeared angry and interrupted the session repeatedly, prompting
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– EU states will remain free to chose own measures – Danish tax has cut use to 4 bags per person per year – European Union used nearly 100 billion plastic bags in 2010 European Union member states will be encouraged to tax or even ban plastic bags under proposals to tackle the tonnes of
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Real dialogue on the Cyprus issue must start, the President of the European Parliament Martin Shultz has said. Schulz also expressed hope that a way can be found for a better constructive dialogue, noting that the Turkish side must adopt a clear and a constructive position. Addressing Monday a conference organized by the EP on
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Cyprus Investment Promotion Agency President Christodoulos Angastinioits has warned that the treaties for the avoidance of double taxation signed by Cyprus and other countries could be in danger due to the lack of transparency in taxation purposes. Speaking to the press, Angastiniots said Cyprus ranks 50th in the OEC forum for transparency for taxation purposes
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A Troika mission (European Commission, European Central Bank and the IMF) continues for a second week its meetings in Cyprus, in the context of the second review of the Cypriot adjustment program. On Monday, the mission will conduct meetings on various issues including foreign investment, public debt management and housing market prospects. According to the
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– Two men shot dead outside Golden Dawn offices in Athens – Political parties condemn attack – Analysts warn of political instability A brazen drive-by shooting that killed two young members of Greece's far-right Golden Dawn party has shocked Greeks and prompted soul-searching about whether the crisis-hit country is slipping into a "cycle of violence".
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A Cirque du Soleil acrobat was hospitalized after suffering injuries in a fall during a performance in Las Vegas on Friday night, just days after the Montreal-based company was fined in connection with a fatal accident in June. The unidentified male acrobat was performing in the "Wheel of Death" act during the show "Zarkana" when
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Inspectors from Greece's lenders have put a postponed visit to the country back on the agenda and will return early next week after Athens made a new proposal on filling a gap in the 2014 budget, the European Commission said. The team of officials from the International Monetary Fund, the European Commission and the European
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