Germany's government hiked its growth forecast for 2011 on Thursday, saying rising spending among consumers less worried about losing their jobs marked a turning point that had put the expansion on a strong footing. Berlin said it now saw growth of 2.6% compared with earlier expectations of 2.3%, also forecasting numbers of Germans in work
More
Three men involved in Europe's biggest illegal betting scandal were semntenced by a German court on Thursday to up to three years and 11 months in prison for trying to fix matches and bribe players. Several more suspects are on trial after a 2009 German police operation unearthed a Europe-wide ring with more than 200
More
Zimbabwean President Robert Mugabe said on Thursday the government would go ahead with the takeover of foreign companies, a scheme that has rattled investors, and told Western countries to stop meddling in his country's affairs. Mugabe's ZANU-PF is at odds with its coalition partner, Prime Minister Morgan Tsvangirai's Movement for Democratic Change, over his plan
More
Lebanese border police detained two people trying to drive cars filled with weapons into Syria, where mass protests have been challenging President Bashar al-Assad's rule, security sources said on Thursday. "The cars had AK-47s, semi-automatic weapons, and some bombs," one security source said. The men, a Lebanese and Syrian, were detained late on Wednesday in
More
Rolls-Royce has signed a long term TotalCare services contract valued a $2.2 bln with Emirates, covering Trent engines for 70 Airbus A350XWB aircraft. This contract brings the airline’s entire Rolls-Royce powered fleet of 128 aircraft under TotalCare arrangements. “This contract is an important step in ensuring our A350 XWB engine's life cycle cost is managed
More
The best mothers deserve to be surprised on Mother's Day and to help you find the perfect surprise, Trust has listed the best Mother's Day presents for you. For cheerful mothers who love colourful accessories, Trust has the new, compact Vivy Wireless Mini Mouse. This wireless mouse is available in three different striking models: Aqua,
More
. By Shavasb Bohdjalian The ECB delivered on the 25bps hike as expected last week, but our expectation that a classic “buy the rumour, sell the fact” situation would arise was brushed aside after ECB President Jean Claude Trichet stated that the ECB would closely monitor developments on inflation, leaving the impression that more rate
More
Ryanair, the world’s favourite airline, today (14th Apr) celebrated the commencement of its new route from Larnaca to Bologna, and tomorrow the inaugural flight to Dusseldorf (Weeze). To celebrate, Ryanair is offering 1 million €7 seats for travel across its European network in May & June which are available for booking until midnight Monday (18th
More
Many American youngsters are not getting enough physical activity and parents are failing to make their children's health a priority, according to a new study. The research by the YMCA, which surveyed more than 1,600 American parents with children between the ages of 5 and 10, showed that 58 percent of children spend less
More
The Board of Directors has approved the issue of Convertible Enhanced Capital Securities (CECS) of up to €294 million through pre-emption rights to all existing shareholders. The CECS will qualify as Tier 1 Capital under Basel III. The CECS will offer a coupon of 7%. The conversion price has been set at €1.80 as had
More