Britain's top share index gained 0.5 percent early on Monday as miners gained ground on firmer metal prices, and Vodafone bounced higher on renewed talk about the future of its U.S. tie-up. By 0823 GMT, the FTSE 100 was up 25.59 points at 5,728.61, after it closed 0.4 percent lower on Friday. Miners were the
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It looks like some U.S. customers who preorder Apple Inc's new iPad tablet computer now may have to wait a bit longer to get the device, as the company appears to be having a hard time keeping up with demand. Apple began taking preorders for the iPad on March 12, promising to ship the touchscreen
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The euro rallied further on Monday from 10-month lows, buoyed by a burst of short-covering as the quarter draws to an end, while Chinese shares hit two-month highs as investors bought large cap stocks like banks. The euro bounced to as high as $1.3530 in early trade, up 0.8 percent from Friday, as traders continued
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Euro zone leaders won muted approval from financial markets on Friday for their agreement to create a safety net for debt-ridden Greece, but a row over the IMF's role flared up just as it had seemed settled. Under an accord announced late on Thursday, Athens would receive coordinated bilateral loans from other countries that use
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Monthly house prices in England and Wales fell in February for the first time since April last year, the Land Registry said on Friday. The price of the average home dropped by 0.3 percent to 164,455 pounds ($244,000), partly reversing January's 2.1 percent increase. Year-on-year prices rose 7.0 percent, faster than the 5.2 percent rise
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Stocks rose on Friday after euro zone leaders agreed to create a safety net to help debt-burdened Greece, while data showed consumer sentiment rose slightly more than expected in March. Euro zone leaders unveiled a deal late Thursday in which Athens would receive coordinated bilateral loans from other countries that use the euro and the
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The Obama administration on Friday announced a $14 billion effort to try to stem a rising tide of home foreclosures by giving lenders incentives to erase some mortgage debt and slash mortgage payments for the unemployed. The new aid programs, funded from the $50 billion allocated to housing rescue under the Treasury Department's Troubled Asset
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Consumer sentiment ended unchanged in March from February, a survey released on Friday showed, while the reading slightly beat expectations. High unemployment and tougher credit standards remain worries hanging over the consumer, according to Thomson Reuters/University of Michigan's Surveys of Consumers. The final March reading for the surveys' overall index on consumer sentiment was 73.6,
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The U.S. economy grew at a slightly less brisk pace in the fourth quarter than previously estimated, while corporate profits slowed sharply from the prior quarter, government data showed on Friday. Analysts said while the report was evidence the economy emerged from recession in the second half of 2009, the underlying growth pace was not
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The Cyprus Stock Exchange (CSE) announced the launch of the Emerging Companies Market (N.E.A) from March 29, 2010. The new Market will be launched with the listing of four companies; Executive S.A., Phone Marketing S.A., Cyprus Limni Resorts & Golfcourses Plc and Constantinou Bros Asset Management Plc.
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