– Will he invest in Cyprus?   A Facebook page entitled "Freedom Revolution March 16 Qatar" calling for the downfall of Qatar's Emir, Sheikh Hamad bin Khalifa al-Thani, has attracted the approval of 1,646 people, the page showed on Thursday. Demands listed on the site, which shows a photo of the Emir crossed out in

For the sixth consecutive year, Real Madrid claims top spot as the world’s largest football club with €438.6 million, according to Deloitte. The Deloitte Football Money League is published nine months after the end of the 2009/10 season, and is therefore the most contemporary and reliable analysis of clubs’ relative financial performance. And far from

Moody's Investors' Service downgraded Cyprus's sovereign bond ratings two notches to A2 on Thursday, citing exposure of its banks to indebted Greece, and concerns a recent improvement in finances was unsustainable. The outlook for the Mediterranean island was stable, Moody's said in a statement. However, it warned that if problems in the Cypriot banking sector

* Brent crude at 29-mth high, near $120 a barrel on Libya * World stocks, copper fall for 4th day in a row * Gold, Swiss francs, Treasury prices up    Oil prices hit 29-month highs on Thursday to near $120 a barrel on growing fears that the unrest in Libya could spread to other

World leaders condemned Muammar Gaddafi's bloody crackdown on a revolt that has split Libya, but took little action to halt the bloodshed from the latest upheaval reshaping the Arab world. U.S. President Barack Obama made his first public comments, condemning as "outrageous" and "unacceptable" attacks on protesters that have killed hundreds in 10 days and

YouTube, the Google-owned video-sharing website, is banking on Bollywood and cricket to make its mark in the Indian market, looking at tie-ups with major studios to expand its movie library. YouTube, which launched in India in 2008, says there is a huge market for Bollywood and cricket content not just in India, but in markets

The Cyprus Chamber of Commerce and Industry (CCCI) and the Turkish Cypriot Chamber of Commerce (KTTO) will sign tomorrow a bi-communal business partnerships grants scheme aimed at supporting bi-communal consortia that wish to form bi-communal business partnerships. According to an announcement issued here by CCCI, in the framework of the “ECONOMIC INTERDEPENDENCE” project, supported by

Moody's Investors Service has placed Bahrain's A3 government bond ratings on review for possible downgrade, motivated by concern that the ongoing political turmoil in the kingdom has sharpened fiscal and broader economic downside risks. The rating agency has also placed under review for possible downgrade the following sovereign ratings of Bahrain: (1) the A1/P-1 country

Shops pulled down shutters and public services were paralysed across Greece on Wednesday as workers walked off the job in this year's first nationwide strike against austerity policies to deal with a debt crisis. Hospitals operated on skeleton staff for 24 hours, schools closed and public transport was disrupted. Only emergency flights will be allowed

Cyprus's Debenhams stores operator Ermes saw a marginal fall in its 2010 net profit and said a difficult climate this year could impact profitability further for retail businesses. Ermes, which operates the Debenhams Department stores on the island, said its net profit fell to 8.06 million euros ($11.04 million) last year, from 8.22 million in