The dollar eased back on Wednesday from its biggest rise in three weeks the previous session, as traders awaited U.S. inflation data and minutes from the Bank of England's November meeting for further direction. The dollar had rallied on Tuesday on the back of rare comments on the currency by U.S. Federal Reserve Chairman Ben

The outlook for the European telecoms service providers industry is stable, reflecting its resilience in the midst of the global economic downturn and expectations that companies will continue to post solid cash flows in the medium term, Moody's Investors Service said in a new report. However, Moody's expects the increased pressure on revenues that has

Top Federal Reserve officials on Tuesday struck differing notes on the likely pace of the U.S. economic recovery and one warned that pockets of weakness must not deter the central bank from withdrawing its extraordinary economic support. Jeffrey Lacker, the president of the Richmond Federal Reserve Bank and an outspoken anti-inflation hawk, said that if

Microsoft Corp has been ordered by a Chinese court to stop selling versions of its Windows operating systems that include fonts designed by a local company, citing a violation of licensing agreements. The ruling, issued by Beijing's No. 1 Intermediate People's Court on Monday, is a blow for Microsoft as it seeks to expand its

Luxury shoppers at Saks, the high-end department store, are not yet up to indulging themselves. Despite a partial rebound in the U.S. stock market after last year's financial meltdown, the store's shoppers are not feeling their wealth, Saks Chief Executive Stephen Sadove said on Tuesday. "The stock market at 10,200 is a lot better than

Gold fell on profit taking on Wednesday after reaching a record high on economic uncertainties and the downtrend in the dollar, while Asian stocks edged higher as hunger for risk stayed high as the year end approached. Major European stock futures indicated a higher open, ahead of meeting minutes from the Bank of England and

The University of Nicosia, in co-operation with Microsoft, is providing all its students with the hosted email service Live@edu that allows students, faculty and staff to easily collaborate, store documents and photos, manage class schedules, and stay connected for life. This new communication and collaboration environment includes the actual e-mail service, an online data storage