President of the Republic Kostis Stephanopoulos extended a warm welcome to delegates of the 116th International Olympic Committee (IOC) assembly, saying Greece wants everyone to believe that it has...
The second public rehearsal for the Athens Olympic Games opening ceremony will be held in front of an audience of 70,000 spectators tomorrow. The formal ceremony will take place on Friday but the...
Greece is already tuned to the Olympic Games which are virtually guaranteed to monopolize the public interest for the rest of the month. Government activity is bound to be dominated by the effort to...
Google, the online search engine preparing for a much-anticipated flotation, said yesterday it would hand up to $300m (£162m) of shares to rival Yahoo! to settle a long running patent dispute. The...
The price of crude oil is hovering around record-breaking peaks after unrest in Iraq halted production. US light crude rose to $44.99 overnight, a 21-year record high, before edging back to $44.74...
UBS AG, the world's biggest money manager for the rich, said second-quarter profit rose 28 percent on private banking fees. Revenue will drop in the second half as ``directionless'' stock markets...
U.S. Federal Reserve policymakers are widely expected to raise interest rates on Tuesday despite last week's dismal employment news, if only to avoid fanning financial market jitters about stumbling...
The EU on Monday (9 August) criticised Italy for ordering European airlines to stop undercutting its struggling Alitalia on long-haul routes from Rome. "Restricting prices is against the spirit of...
Its line-up now complete, the new European Commission appeals to commentators as a high-profile team with the political savvy to avoid the pitfalls all too often encountered by the EU executive....
Shares in Yukos slumped by 20 per cent in early deals after bailiffs seeking assets to meet a bill for back taxes said they had, for the second time, seized the oil giant's main production facility...