Asian shares rebounded sharply on Tuesday, reclaiming most of the previous day's steep losses triggered by slumping Chinese stocks, as a globally accommodative monetary stance helped revive risk appetite. European markets are also seen climbing, with financial spreadbetters predicting London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX would open up as much as 0.6%. A
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Euro zone finance ministers pledged on Monday to agree a bailout for Cyprus by the end of March, but details of how the rescue will be financed are yet to be sorted out. Cyprus requested a bailout in June last year but it was not possible to reach an agreement with the last, communist-led government.
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A Greek court sentenced a former defence minister to eight years in prison on Monday for failing to disclose the source of lavish wealth that made him a symbol of the corruption that has plagued the country. Once a powerful Socialist politician who almost became prime minister in the 1990s, Akis Tsohatzopoulos has been in
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Britain's Queen Elizabeth left hospital on Monday a day after being admitted with symptoms of gastroenteritis, looking well and smiling as she walked to a waiting limousine. The 86-year-old monarch, wearing a red coat and broach, shook hands with medical staff on the steps of the King Edward VII hospital in central London before being
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A Moscow court will on March 11 start the posthumous trial of an anti-corruption lawyer whose death in custody has hurt Russia's image and strained Moscow's ties with the United States. A spokeswoman for Moscow's Tverskoi Court said the date had been set after a pre-trial hearing on Monday. Sergei Magnitsky, a lawyer at Hermitage
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Liverpool's debts have increased by 21.8 million pounds ($32.72 million), according to their accounts published on Monday, as prolonged absence from the money-spinning Champions League takes its toll. The Premier League side's latest accounts, which run from Aug. 1, 2011 to May 31, 2012, show the club recorded a loss of 40.5 million pounds and
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– Ministers meet to discuss Cyprus, no decision until late March – Around 1.6 bln euros left Cyprus in Jan. after talk of depositor losses – New Cypriot finance minister to present options for financing bailout Euro zone finance ministers will discuss how to fund a bailout of Cyprus on Monday with differing views on whether
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About 100 homes were evacuated in Northern Ireland's second city Londonderry on Monday after four mortar bombs were found in a van in a residential area of the city, police said. A 1998 peace deal largely ended more than three decades of violence in the British-controlled province between mainly Catholic Irish nationalists seeking union with
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Hackers attacked some of the Czech Republic's main news websites on Monday, slowing or crashing their homepages in the latest in a series of cyber assaults on media outlets across the world. Executives from three of the Central European state's most widely read online titles – www.ihned.cz, www.idnes.cz and www.novinky.cz – said their websites had
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Two airliners experiencing technical difficulties have landed safely at Amsterdam's Schiphol airport, spokeswomen for the airport said on Monday. "An airplane of Delta Airlines, which had departed from Schiphol, had technical difficulties and has returned safely," one spokeswoman said. Another spokeswoman said the second plane was a Dutch KLM passenger plane, which had also experienced
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