London's leading share index in mid-session on Modnay was flat in light volume as gains in defensives and energy stocks, which shrugged off weaker oil prices, were offset by falls in banks and miners. By 1007 GMT, the FTSE 100 was 1.77 points lower at 4,125.40 after it lost 31.49 points to close at 4,127.17
More
World shares fell on Monday, with particularly heavy losses in emerging markets, as investors fretted about a coming wave of corporate earnings and confidence in a rapid global economic recovery faded. Oil dipped briefly below $59 a barrel in a sell-off prompted by concern over a tailing off of demand if the economy stutters again.
More
The global economic downturn is far from over, and few countries have dismantled the dangerous protectionist barriers they imposed in response to it, World Trade Organisation Director-General Pascal Lamy said on Monday. In remarks to the WTO's 153 members, Lamy said that import penalties and other border restrictions are closing off markets and causing more
More
The labour force in Cyprus numbered 397,374 people in 2008, according to the newly published “Labour Force Survey” for 2008 from the Statistical Service Cystat. Of the total, men accounted for 55.2% and women 44.8%. The report provides full data on the employed and unemployed population, analysed by gender, age, education, branch of economic activity
More
By Andrew Quinn President Barack Obama's pick to fill his first U.S. Supreme Court vacancy, Sonia Sotomayor, goes before a Senate hearing on Monday with most people betting she already has enough votes to win confirmation. Sotomayor, now an appeals court judge, stands ready to become the first Hispanic justice on the court which rules
More
Turkey wants talks aimed at reunifying Cyprus to conclude soon and a referendum by the end of 2009, President Abdullah Gul told a news conference with Turkish Cypriot leader Mehmet Ali Talat on Monday. The Mediterranean island of Cyprus has been divided along ethnic lines since 1974. The two sides launched reunification talks last year.
More
U.S. stock index futures pointed to a lower open on Wall Street on Monday, as investors fretted about the outlook for company profit despite global conglomerate Philips's (PHG.AS) (PHG.N) upbeat earnings and comments. At 0849 GMT, futures for the S&P 500 were down 0.42 percent, Dow Jones futures were down 0.37 percent and Nasdaq 100
More
European share prices extended the previous session's losses to hit an 11-week low early on Monday, led down by oils and miners, with corporate earnings worries forcing investors to scale back their trading positions. The FTSEurofirst 300 index of top European shares was down 0.2 percent at 812.94 points by 0834 GMT after hitting an
More
Oil prices fell more than $1 to below $59 a barrel on Monday, slipping towards a seven-week low on concerns about the state of the global economy as equities markets tumbled. Oil prices dropped 11 percent last week in their biggest weekly decline since late January as investors talked of the possibility of another dip
More
Cyprus has made it to the final phase of the Davis Cup for the first time in its history, after beating Ireland 3-2. In September, Cyprus will look for promotion to Zone I of the Euro/Africa Zone I of the World Tennis Cup. Two countries will win promotion to the First Division of the Euro/Africa
More