The trade deficit widened to EUR 1,680.7 mln in January-April 2010 from EUR 1,526.1 mln in the corresponding period of 2009. Total imports/arrivals in January-April 2010 amounted to EUR 2,025.3 mln compared with EUR 1,836.6 mln in January-April 2009. Total imports cover imports from third countries and arrivals from other EU Member States. Total exports/dispatches
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Playboy Enterprises Inc said on Monday it received an offer from founder Hugh Hefner to take the company private in a deal which values the company at around $185 million. Hefner has offered to buy all shares he doesn't currently own for $5.50 per share in cash, a premium of about 40 percent to its
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Britain's record recession was even deeper than previously thought, and the economy could still have contracted in the first quarter of this year were it not for hefty government spending, official data showed on Monday. The Office for National Statistics left its earlier estimate of first-quarter growth unrevised at 0.3 percent, giving an unchanged annual
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Social networking website Facebook has agreed to adopt a panic button aimed at improving the online safety of its younger users, a child protection group said on Monday. The launch of button, which follows a long campaign by the Child Exploitation and Online Protection Centre (CEOP), will allow children and teenagers to report suspicious behaviour
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Greece's largest lender National Bank said on Monday it was not looking to sell stakes in subsidiaries or raise its share capital, dismissing press reports. "National Bank … is informing the investment public that it is not considering the prospect of a share capital increase, or the sale of a stake in its subsidiaries. Also,
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President of the Greek Parliament, Phillipos Petsalnikos, begins today a series of meetings in the framework of his official visit to Cyprus. The Greek official will hold in the morning a meeting with his Cypriot counterpart, President of the House of Representatives, Marios Garoyian. Later on, he will be received by President of the Republic
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Asian stocks rose on Monday as investors counted on the start of the U.S. earnings season this week to show firms were reaping strong profits and that the world's economic recovery was not losing steam. Investors largely shrugged off the chance that Japan, the world's No. 2 economy, may be trapped in a policy gridlock
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The trade deficit widened in the first four months of the year, rising to EUR 1,680.7 mln in January-April 2010 compared with EUR 1,526.1 mln in the corresponding period of 2009. Total imports/arrivals in January-April 2010 amounted to EUR 2,025.3 mln compared with EUR 1,836.6 mln in January-April 2009. Total imports include those from third
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Tourism arrivals rose for the second straight month in June, giving hope that the worst of the downturn in the tourism sector might be over. According to the passengers’ survey carried out by the Statistical Service, arrivals of tourists rose by 5.5% over the year earlier to reach 275,280 in June 2010 compared with 260,931
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High borrowing costs forced Greece to scrap plans to auction one-year paper next week to roll over maturities but the overborrowed country will go ahead and sell six-month T-bills, its debt agency said on Friday. Greece wanted to roll over 2.16 billion euros of six-month and one-year T-bills, its first return to market borrowing since
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