European shares fell by midday on Friday on investors' worry about the eurozone sovereign debt problems and on nervousness ahead of key U.S. jobs data, with banks the major fallers. By 1147 GMT, the pan-European FTSEurofirst 300 index of top shares was down 2.1 percent at 972.39 points after touching 970.33 — the lowest since

Greek Alternate Minister of Foreign Affairs Demetris Droutsas has noted that the leaders of the two communities in Cyprus should take advantage of the next weeks in their efforts to solve the Cyprus problem, and pointed out that the Turkish Cypriot side should adopt a constructive attitude. Speaking after a meeting in New York with

A joint event was organized on Thursday by Greek and Turkish Cypriot Municipal workers held in both sides of Ledra street to proclaim their desire for a mutually acceptable solution on the Cyprus problem which will reunite the island. The workers were members of the Greek Cypriot trade union of SIDIKEK PEO and the Turkish

Investors sold off stocks in Portugal, Spain and Greece and the euro plunged on Thursday as market fears over the fiscal problems of debt-laden southern members of the euro zone widened. The head of the International Monetary Fund called for painful steps to cut huge fiscal deficits across Europe, saying no country should be under

Toyota Motor Corp is preparing to recall its iconic Prius hybrid car to address more than 100 complaints about delayed braking, spreading the top automaker's quality woes to one of its most important models. A source with knowledge of Toyota's discussions with Japanese safety authorities told Reuters on Friday the world's biggest automaker was leaning

Asian stocks fell to five-month lows on Friday as investors dumped riskier assets after growing sovereign debt problems in the euro zone and rising U.S. jobless claims sparked jitters about the global economic recovery. European stocks were expected to extend the previous session's sharp losses on worries about high debt levels in Greece and Portugal,

European shares fell around midday on Thursday as banks were pressured by jitters over the fiscal health of euro zone peripheral countries, while the European Central Bank (ECB) kept interest rates on hold, as expected. The ECB left interest rates unchanged at 1.0 percent for the ninth month running. Investors' attention will turn to the