Warren Buffett accumulates Twitter followers even faster than he makes money. The 82-year-old "Oracle of Omaha" joined the service and sent his first tweet on Thursday, picking up more than 45,000 followers in just under 45 minutes, pasing the 90,000 mark by the end of the day. "Warren is in the house," Buffett said under
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. By Nondas Cl. Metaxas, CEO, Cyprus Stock Exchange The financial community is facing tough economic times as a result of the crisis which has particularly affected the banking sector, imposing the need for specific measures in order to adjust to the new environment. The Cyprus Stock Exchange (CSE) main strategy is to constantly promote
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. President Nicos Anastasiades’ visit to Israel just days after his own Defence Minister will be there to discuss regional energy security, could turn out to be a landmark occasion, where traditional and regional strategies could take a new turn for the better if host Benyamin Netanyahu plays his cards right. After the humiliating obligation
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U.S. stocks rose on Thursday, with the S&P at a fresh intraday high, after strong job market data and on hopes the first rate cut by the European Central Bank in ten months will help shore up the euro zone economy. The number of Americans filing new claims for jobless benefits fell sharply last week to
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Intel Corp's board elected three-decade insider Brian Krzanich as its next chief executive, disappointing some investors looking for aggressive change as the world's largest chipmaker increasingly finds itself left out of the mobile revolution. The board also elected software honcho Renée James, 48, to be president of Intel. Her appointment signaled to some that Intel,
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Slovenia borrowed $3.5 bln on international markets on Thursday to shore up its ailing banks and stave off a bailout, bouncing back to finish an issue it had aborted two days earlier after Moody's cut its credit rating to junk. The bonds will fund Prime Minister Alenka Bratusek's government at least until the end of
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Etihad Airways and Air France have announced a number of new codeshare destinations in Africa, Asia, Australia and Europe for summer 2013, following their strategic agreement last October to foster closer commercial ties, build an expanded global network, and deliver unrivalled travel options for customers. Placing its EY flight code on Air France flights between
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The European Central Bank cut interest rates for the first time in 10 months on Thursday, driven to act by an economy wallowing in recession and freed to do so by sharply falling inflation. The ECB lowered its main interest rate by a quarter point to a new record low of 0.50 percent in response
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Veteran BBC broadcaster Stuart Hall pleaded guilty to sex offences on Thursday, the latest British TV star from the 1970s and 1980s to be embroiled in abuse allegations. Hall, 83, who was best known for hosting the family TV show "It's a Knockout" and was still working for the BBC as a soccer radio commentator
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European Union governments and institutions must take "immediate action" to promote growth and jobs creation as countries are tired of austerity, European Council President Herman Van Rompuy said on Thursday. "Taking these measures is more urgent than anything," he told a conference in Portugal. "After three years of firefights, patience with austerity is wearing understandably
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