Oil rose past $82 on Wednesday after China's crude imports jumped last month, while a weaker dollar and expectations of economic stimulus by top consumer the United States burnished the appeal of commodities for investors. U.S. crude for November rose 50 cents to $82.17 by 0516 GMT, about $2 from a five-month high above $84
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An Agreement between the Republic of Cyprus and the Kingdom of Denmark for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income, was signed on Monday in Copenhagen. According to an official announcement, the Agreement was signed by the Cypriot Ambassador to the Kingdom of Denmark, George
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The European Parliament and the EU strongly support the efforts towards reaching a solution to the Cyprus problem which will re-unify the island to the benefit of all its people, the President of European Parliament Jerzy Buzek said today addressing the House of Representatives of Cyprus. “For Europe”, he said, “no-solution or a partition is
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Universities in England should be freed from restrictions on the amount they charge students for their education, a government-ordered review said on Tuesday. The recommendation could see fees for tuition rising sharply from the present cap of 3,290 pounds ($5,250) a year. Adopting the proposals will be politically difficult for Britain's two-party coalition government, whose
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. U.S. cable network HBO on Monday unveiled the cast for its upcoming financial crisis movie "Too Big to Fail," led by Paul Giamatti as Federal Reserve Chairman Ben Bernanke and Ed Asner as investor Warren Buffett. Based on a book of the same name by New York Times journalist Andrew Ross Sorkin, "Too Big
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. More than two hours a day spent watching television or playing computer games could put a child at greater risk for psychological problems regardless of their activity levels, according to a British study. Researchers from the University of Bristol studied more than 1,000 children aged 10 and 11. Over seven days, the children filled
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Microsoft's last-ditch attempt to reclaim its prominence in the smartphone market won favorable early reviews on Monday, but it may come too late to claw back customers from Apple and Google. The world's largest software company, along with network carriers and handset makers, is planning to spend more than $100 mln on marketing the phones,
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A U.S.-wide foreclosure moratorium could penalize pension funds, insurance companies and other investors and make new loans more expensive, an investor group and industry experts warned on Monday. Temporary pauses in foreclosures have expanded among major lenders as the courts, lawmakers and state attorneys general investigate whether banks supplied shoddy paperwork to support evictions of
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British economic activity slowed sharply in the third quarter, the British Chambers of Commerce said on Tuesday, reiterating its call for the Bank of England to inject more stimulus to protect the recovery from budget spending cuts. The BCC's Quarterly Economic Survey showed a sharp deterioration in domestic demand for both services and manufacturing firms,
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Hon Hai, maker of Apple's iPhone, faces new allegations of worker abuse at its sprawling China plants in two reports that claim conditions have not improved despite company promises after a rash of suicides. One report, based on interviews with over 1,700 workers by 20 universities in Hong Kong, China and Taiwan, criticised Hon Hai
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