By MENELAOS HADJICOSTISAssociated Press
NICOSIA, Cyprus (AP) - Officials from Cyprus' potential rescue creditors are on their way to the island nation to begin talks on the terms of a bailout, the country's finance ministry said Monday.
By PHILLIP RAWLSAssociated Press
MONTGOMERY, Ala. (AP) - Airbus's planned aircraft assembly plant in Alabama will cost $600 million to build and will employ 1,000 people when it reaches full production, officials said ahead of a formal announcement Monday.
PRAGUE (AP) - Czech state-run power utility CEZ says it has received bids from three international companies to build two more nuclear reactors at the Temelin nuclear power station in the country's south.
CEZ says the bidders for the multibillion-dollar
By ANGELA CHARLTONAssociated Press
PARIS (AP) - Welcome to reality, Monsieur Hollande. That's the message France's accounting watchdog sent to new President Francois Hollande with an audit Monday that says his Socialist government must cut up to €43 billion ($54 billion
YANGON, Myanmar (AP) - Myanmar called upon local and foreign investors Monday to fund construction of a second airport to serve the country's largest city, Yangon, as it prepares for an influx of tourists in the wake of political reforms.
Tin Naing Tun, the
By ADAM SCHRECKAP Business Writer
DUBAI, United Arab Emirates (AP) - The Queen Elizabeth 2's Dubai owners outlined plans Monday to turn the storied cruise liner into a dockside hotel that will keep many existing furnishings intact, ending years of speculation about the fate
BERLIN (AP) - Linde AG, a German-based company that specializes in industrial and medical gases including oxygen, said Monday it is looking to get a bigger slice of the growing health care market from its purchase of U.S. home care company Lincare Holdings Inc.
By PAN PYLAS
LONDON (AP) - Unemployment in the 17-country euro currency bloc hit another record in May as the crippling financial crisis pushed the continent toward the brink of recession, official figures showed Monday.
Eurostat, the EU's statistics office
By SINAN SALAHEDDINAssociated Press
BAGHDAD (AP) - Iraq's oil revenues dropped by 17.6 percent from May to June due to plummeting prices in the international market and the diversion of some production to meet domestic needs, the government said Monday.
By DEREK GATOPOULOSAssociated Press
ATHENS, Greece (AP) - A senior European Central Bank official urged Greece's new government on Monday to avoid further delays in implementing major structural reforms.
ECB board member Joerg Asmussen is in Athens as the