The EU Info Point located at the northern part of Nicosia is opening its doors to the public. The Info Point project has a budget of EUR1.3 mln, financed by the Financial Aid Programme and aims to bring the Turkish Cypriot community closer to the European Union (EU), through information on the European Union's political
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European shares were higher on Friday at midday, led by gains in banks and commodity stocks, as "triple witching" started to take place. By 1031 GMT, the pan-European FTSEurofirst 300 index of top shares was up 1.3 percent at 861.70 points. The European benchmark index is up 33 percent from the lifetime low hit on
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Britain's top share index extended gains by midday on Friday, climbing 1.9 percent, after index futures expired across markets while rallying oil prices lifted energy majors. By 1100 GMT the FTSE 100 was up 80.08 points at 4,360.94 points and on track to post its biggest daily percentage gain since June 1 after crossing into
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Oil rose towards $72 a barrel on Friday, gaining for a third day, supported by views on equity markets that the economy may be stabilising and due to geopolitical concerns over key oil producers Iran and Nigeria. U.S. crude rose 56 cents to $71.93 a barrel by 0954 GMT. London Brent crude gained 60 cents
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U.S. stock index futures pointed to a higher open on Wall Street on Friday, as stocks were poised to add to the previous session's gains. At 0900 GMT, futures for the S&P 500 were up 0.2 percent, Dow Jones futures were up 0.4 percent and Nasdaq 100 futures were up 0.4 percent. BlackBerry smartphone maker
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Equity markets and high yielding currencies gained on Friday while bonds and the dollar fell, as U.S. jobs and factory data the previous session rekindled hopes that the global economy may be recovering from recession. The sharp equity market rally which began in early March began to stall at the start of the week as
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Britain's top share index gained 0.7 percent early on Friday as upbeat news from housebuilder Taylor Wimpey lifted sentiment about the health of the economy, while rising oil prices pushed energy majors higher. By 0809 GMT the FTSE 100 was up 29.22 points at 4,310.08 after narrowly crossing into positive territory at Thursday's close. High
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The IMF is likely to revise up its 2010 growth forecast for the world economy, a senior fund official said on Friday, while European Union leaders were set to back the creation of a cross-border system of bank supervisors. U.S. jobs and factory data offered hope that the economy may be clawing its way out
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European Union leaders will on Friday back plans for swift disbursement of the next instalment of EU aid for Latvia, according to a final draft of a summit declaration. Latvia is waiting for a decision by the IMF and the European Commission, the EU's executive, on whether it will receive the second, 1.2 billion euro
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Asian stocks snapped a four-day slide on Friday and government bond yields climbed after upbeat U.S. factory and jobs data provided more evidence that the global economy is recovering from its deep recession. A slowing pace of contraction in the Philadelphia Federal Reserve's regional gauge of manufacturing and a rise in the expectations index to
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