The euro fell to a record low against the Swiss franc on Monday as worries about euro-zone debt sapped demand for riskier assets such as Asian stocks and prompted investors to shift funds into U.S. government debt, gold and the dollar. European shares are set to take their cue from Asia, with financial spread betters

– Citizens send message to the government, says DISY President – AKEL pleased with increased share of the vote – DIKO will lead the centre, says party leader – EDEK maintains share of the vote, says party leader – Ecologist Movement: election results have not met expectations The main opposition party, the right wing Democratic

Based on the allocation of parliamentary seats per political party and district, the following candidates have secured seats at the House of Representatives, following Sunday’s elections: Nicosia District: Democratic Rally (DISY): Averof Neofytou, Stella Kyriakidou, Ionas Nicolaou, Christos Stylianides, Nicos Tornaritis, Andreas Pitsillides and Charis Georgiades. AKEL: Andros Kyprianou, Nicos Katsourides, Giorgos Loucaides, Aristos Damianou,

The Council of Ministers approved Friday the agreement with Qatar, which provides for an investment in Nicosia. In statements after the Cabinet’s meeting, Government Spokesman Stephanos Stephanou said that the agreement provides for the construction of a luxury hotel, apartments, shops and offices, for Cypriot and foreign investors. The agreement, he went on to note,

Over one million ticket applications have been received for the men's 100 metres final at next year's London Olympics, organisers said on Friday. While the London Organising Committee (LOCOG) are not giving a detailed breakdown of how many applications they have received for individual sessions at the two-week Games, a spokesman confirmed the 100m final

Armed police are to be allowed on trains, stations and the London underground to deter the threat of a terrorist attack, according to The Daily Telegraph on Friday. Plans agreed with Home Secretary Theresa May to arm the British Transport Police (BTP) will be announced by Transport Secretary Philip Hammond next week, the paper said.

German Chancellor Angela Merkel said on Friday she supported President Barack Obama's speech on the Middle East and that basing a peace agreement on Israel's 1967 borders could be the way forward. "I think the proposal of taking the 1967 border and of considering the exchange of territory — considering it and not dogmatically adhering

Tokyo Electric Power Co reported a $15 billion net loss on Friday to account for the disaster at its Fukushima nuclear plant, marking the biggest loss in Japan by a non-financial company and prompting the firm to warn its future was uncertain. Much-criticised president, Masataka Shimizu, 66, resigned to take responsibility for the worst nuclear

European leaders raced on Friday to nominate a successor for fallen IMF chief Dominique Strauss-Kahn before a G8 summit in France next week, with French Finance Minister Christine Lagarde in pole position. Strauss-Kahn will leave jail on bail on Friday and be placed under round-the-clock house arrest after being indicted for the alleged attempted rape

The first new treatment for lupus in a half-century was recommended for approval in Europe on Friday, offering a new option for patients and underpinning multibillion-dollar sales expectations for its makers. The companies said the European Medicines Agency had backed use of Benlysta, discovered by Human Genome Sciences Decisions by the London-based drugs watchdog are