InterContinental profit slips

The world’s biggest hotelier, InterContinental said its profit last year fell by just over a third and it warned that trading conditions would remain


EU January car sales rise

Passenger car sales in EU member states rose 12.9 percent in January. The European carmakers’ association said government scrapping incentive


Barclays upbeat

Barclays posted a better than forecast profit of 13.1 billion euros in 2009 and said this year has started well. Britain’s second-largest bank –


Landslides wreak havoc in Italy

More than 2,000 people have been evacuated from their homes in the village of Maierato in the Italian region of Calabria after landslides caused by


Top Taliban commander "captured"

The Taliban’s top military commander has been arrested in Pakistan, according to US officials – a claim denied by the Taliban itself. The news was

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Celebration, Greece

Despite their economic woes, Greeks participated in traditional kite flying and dancing to mark the start of Lent, also known as Clean Monday, as