Euro zone inflation will ease in the coming months after price pressures fell further from the three-year lows hit in May, an indicator designed to predict cyclical trends showed on Friday. The Eurozone Future Inflation Gauge (EZFIG), published by the Economic Cycle Research Institute, fell to a 40-month low of 91.2 in June from May's

TNT Express in Lebanon has entered the jobs market for young students and graduates, by offering summer internship programmes that may even result in long-term employment in the future. TNT took part in several job fairs across Lebanon’s main universities, namely the Notre Dame University (NDU),the Université Saint Esprit de Kaslik (USEK) and the Lebanese

The Cleveland school bus driver who abducted, imprisoned and repeatedly raped three women was sentenced on Thursday to life in prison without parole, plus 1,000 years, after one of his victims confronted him and said he had put her through 11 years of hell. Ariel Castro, 53, apologized to his victims, but was mostly defiant,

After causing weeks of embarrassment for the U.S. intelligence community, the Edward Snowden saga has now cast a shadow over international efforts to end the Syrian civil war and deal with Iran, and could also undermine White House hopes for a nuclear arms reduction deal. Russia's decision on Thursday to grant asylum to Snowden threatens

Australia boasted the largest ever rise in visitor arrivals in June as fans of the British and Irish Lions invaded the country to watch a one-in-12 year rugby test series. In a boost to the economy that might make up for Australia losing the series, arrivals from the UK surged 68 percent in June to

Fifty years ago, on June 15, 1963, two French families opened Europe's first hypermarket in Sainte-Genevieve-des-Bois near Paris. Stocking 5,000 products over 2,500 square metres, it was three times the size of most grocery stores. Today, owned by retail giant Carrefour, it has tripled in size and offers 19,000 different products. The store's growth mirrors

A ruling by Italy's supreme court upholding a tax fraud conviction against former premier and centre-right leader Silvio Berlusconi has left the fate of the country's fragile ruling coalition resting in the balance. Just three months after centre-left Prime Minister Enrico Letta took office at the head of an uneasy coalition with Berlusconi's People of

As political jobs go, Greece's new reforms minister has one of the toughest: firing thousands of workers within months from a public sector that seems immune to change. But Kyriakos Mitsotakis, an ex-banker and son of a former prime minister, says his ambitions go beyond fulfilling numerical targets set under Greece's international bailout deal to