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Police: No sign of 3rd party in Berezovsky death

Submitted by Fox First at Ten on March 24th

By CASSANDRA VINOGRADAssociated Press LONDON (AP) - There was no evidence to suggest anyone else was involved in the death of Boris Berezovsky, the self-exiled Russian tycoon who went from Kremlin kingmaker to fiery critic, British police said Sunday. With an investigation under way, police are

Cyprus turns to Brussels for help on bailout

Submitted by Fox First at Ten on March 24th

By DON MELVIN and JUERGEN BAETZAssociated Press BRUSSELS (AP) - After failing for a week to find a solution at home to a crisis that could force it into bankruptcy, Cypriot politicians were turning to the European Union on Sunday in a last-ditch effort to help the island nation forge a viable plan

Cyprus racing to complete alternative rescue plan

Submitted by Fox First at Ten on March 23rd

By MENELAOS HADJICOSTISAssociated Press NICOSIA, Cyprus (AP) - Politicians in Cyprus were racing Saturday to complete an alternative plan raising funds necessary for the country to qualify for an international bailout, with a potential bankruptcy just three days away. Finance Minister Michalis

What happens if Cyprus collapses?

Submitted by Fox First at Ten on March 23rd

By SARAH DiLORENZO and DAVID McHUGHAssociated Press PARIS (AP) - What happens if Cyprus' banks collapse? If its government goes broke? If it leaves the euro? The European Union, the International Monetary Fund, the European Central Bank and the country's leaders are trying to find a deal to

China punishes North Korea as US asks for more

Submitted by Fox First at Ten on March 23rd

By CHARLES HUTZLERAssociated Press BEIJING (AP) - China is trying to punish ally North Korea for its nuclear and missile tests, stepping up inspections of North Korean-bound cargo in a calibrated effort to send a message of Chinese pique without further provoking a testy Pyongyang government.

Stocks rise on Wall Street aided by earnings

Submitted by Fox First at Ten on March 22nd

By STEVE ROTHWELLMarkets Writer Stocks rose on Wall Street Friday, bolstered by strong earnings from major companies. Investors also saw a chance to add to their holdings after declines earlier in the week. Nike reported a surge in quarterly profit, sending its stock price to a record. Tiffany

Cyprus to vote on new plan, Europe skeptical

Submitted by Fox First at Ten on March 22nd

By MENELAOS HADJICOSTIS and ELENA BECATOROSAssociated Press NICOSIA, Cyprus (AP) - Cypriot lawmakers are due to vote Friday on a raft of new measures they hope will qualify the country for a bailout package and avoid financial ruin next week. But officials in Brussels and Berlin gave no

Oil prices down as Cyprus uncertainty continues

Submitted by Fox First at Ten on March 21st

By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - The price of oil fell Thursday as traders awaited a solution to a financial crisis in Cyprus that has raised fears of a destabilizing exit of the country from the euro. Benchmark oil for May delivery was down 23 cents to $93.27 per barrel at midday

US stocks rise ahead of Federal Reserve meeting

Submitted by Fox First at Ten on March 20th

By DANIEL WAGNERAP Business Writer U.S. stocks rose strongly Wednesday ahead of a decision by the Federal Reserve about whether to push ahead with aggressive measures to boost the economy. Concern eased about a possible financial crisis in Cyprus. The Mediterranean nation needs a bailout to avoid

Cypriot officials: Plan B drawn up to get bailout

Submitted by Fox First at Ten on March 20th

By MENELAOS HADJICOSTIS and ELENA BECATOROSAssociated Press NICOSIA, Cyprus (AP) - Cyprus' government has drawn up a new plan to raise funds needed for the country to secure a crucial international bailout, three top government officials said Wednesday. The new bill could be voted on as early