Global stocks rose to their best levels in seven weeks on Friday thanks to a boost by financials, while reports an arch-dove was a leading candidate for vice chair of the U.S. central bank unsettled t....

Stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 up 0.4 percent, Dow Jones futures down 0.01 percent and Nasdaq 100 futures up 0.01 percent. I....

Global stocks rose to seven week highs on Friday led by bank shares after talks on U.S. banking reform collapsed, while speculation the Bank of Japan may soon ease monetary policy weighed on the yen. ....

Asia stocks head for 5th week of gains

Asian stocks edged up on Friday, heading for a fifth straight week of gains, with energy stocks outperforming as oil held above $82 a barrel. The yen dipped, dented by speculation the Bank of Japa....

Cyprus’ EU Presidency a big investment, says Moleskis

The Head of the Cyprus E.U. Presidency Secretariat, Andreas Moleskis, has expressed confidence that Cyprus is more than capable of rising to the challenge of assuming the EU Presidency. In a welco....

China inflation spike weakens equities

A spike in Chinese inflation weakened equity markets on Thursday, as investors pondered the prospects of interest rate hikes in one of the world's main economic drivers. World stocks as measu....

Commods, financials push FTSE down 0.4%; China data

Britain's leading share index shed 0.3 percent early on Thursday as commodities and financials Editing by Hans Peterssaw recent gains clipped after data rekindled concerns about tighter monetary ....

US Futures point to weak Wall St; Devon Energy seen up

US Stock index futures fell on Thursday, pointing to a weaker start for Wall Street. By 0859 GMT (3:59 a.m. ET), futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq slipped 0.....

OPEC to hold supply steady, oil price where it wants

OPEC is expected to leave oil output targets unchanged when it meets in Vienna next week, as a price around $80 and hope that a rebounding world economy will burn more fuel override concern about over....

UK universities strong enough to handle budget stress

While universities in the United Kingdom face significant budget cuts and potential increases in student fees, the sector's credit strengths are likely to sustain the vast majority of institution....

Cyprus participated in CeBIT in Germany

The Cyprus Ministry of Commerce, Industry and Tourism participated at the world's foremost tradeshow for the digital industry, CeBIT, which took place in Hannover, Germany, between 2 – 6 Ma....

EU Commission calls upon US to abolish visa for Cypriot nationals

The European Commission has called upon the US government to abolish the soonest possible visa requirements for Cypriot nationals. In a written statement Wednesday, European Commissioner for Justi....

Cypriot delegation begins contacts in Berlin to promote tourism

Α Cypriot delegation, headed by Minister of Commerce, Industry and Tourism Antonis Paschalides, began Wednesday contacts in Berlin to attract tourism from the German market. According to an ....

Strike to paralyse Greece as anger at austerity builds

Angry public and private sector unions are expected to bring Greece to a standstill on Thursday in a second nationwide strike in as many weeks against tough government austerity plans. The 24-hour....

Asia stocks dip on China tightening fears

Asian stocks fell on Thursday as investors worried strong loan growth and quickening inflation in China would spur Beijing to tighten monetary policy sooner than expected, while the yen rebounded ag....

Moody's reviews Qtel's rating for possible downgrade

Moody's Investors Service has placed the A1 long term ratings for Qatar Telecom Q.S.C. (Qtel), the A1 rating for Qtel International Finance Limited and A1-rated bonds issued under Qtel's GMT....