Greek stocks ended higher at the Athens Stock Exchange on Thursday, pushing the composite index of the market closer to the 2,300 level. The index ended 1.07 pct up at 2,295.26 points, with turnover remaining a low 100.3 million euros, of which 7.9 million euros were block trades. Most sectors moved upwards, with the Banks
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Britain urged Greece on Thursday to ban organised "bar-hopping" tours and clamp down on doctored drinks to help stop young British tourists getting into alcohol-related trouble, officials said. British holidaymakers account for about a fifth of the 15 million tourists a year who visit Greece, one of Europe's top holiday destinations. But young Britons have
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Asian stocks hit a fresh 10-month peak on Friday, with Hong Kong vaulting back to levels last seen before the collapse of Lehman Brothers as investors rushed into equities following upbeat corporate earnings around the world. But gains were limited and higher-yielding currencies lost ground as some investors moved to book profits on the run-up
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The new pandemic H1N1 is causing a "brisk" flu season in the Southern Hemisphere but so far no worse than a moderate influenza pandemic, health officials said on Thursday. They were speaking to a meeting of U.S. Food and Drug Administration advisers considering the start of human clinical trials of a vaccine against the new
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Oil eased slightly but held above $65 a barrel on Thursday, buoyed by European equity markets rising for a ninth straight session and renewed speculation that an economic upturn would boost oil demand. U.S. crude oil for September delivery fell 26 cents to $65.14 a barrel by 1252 GMT, after earlier hitting a low of
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Oil eased slightly but held above $65 a barrel on Thursday, buoyed by European equity markets rising for a ninth straight session and renewed speculation that an economic upturn would boost oil demand. U.S. crude oil for September delivery fell 26 cents to $65.14 a barrel by 1252 GMT, after earlier hitting a low of
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Two major UK banks bailed out by the British government have submitted restructuring plans to European Union regulators for approval, a senior European Commission official said on Thursday. The European Commission is reviewing restructuring proposals from dozens of lenders to ensure that state aid given to the banks does not distort competition in the 27-country
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The industrial turnover index of Cyprus is provisionally estimated to have reached 115.2 (base 2005=100) in April, recording a decrease of 10.8% compared with April 2008. For the period January-April 2009, the index recorded a decrease of 8.3% compared with the same period of the previous year. Industrial production in the same period fell by
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Moody's Investors Service has placed on review for possible downgrade the bank financial strength ratings (BFSRs) and/or the long-term debt and deposit, subordinated and hybrid ratings of six Norwegian banks and four Swedish banks. The Norwegian financial institutions are DnB NOR Bank ASA, Nordea Bank Norge ASA, SpareBank 1 SMN, SpareBank 1 SR-Bank, Sparebanken Vest
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World stocks stabilised near the previous session's nine-month high on Thursday after forecast-beating earnings from major firms boosted expectations for a global economic recovery. Swiss bank Credit Suisse's higher-than-expected second-quarter profits and drugmaker Roche's bullish two-year forecast followed solid reports in the United States from Apple and Starbucks on Wednesday. Reflecting improving risk appetite, the
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